Social Security to run out faster

In 2021,  social security for the first time ever will cost more to pay out than the income brought in from those in the workforce.  The deficit was projected prior to the Coronavirus pandemic [DYI HOAX] which is only going to add fuel to the fire of social security running out.

DYI:  First of all Social Security will not go flat broke if there is no intervention from Congress – a highly unlikely event – to put the program back into balance between incoming and outgoing dollars benefits would have to be reduced by 25%.  What Congress will do once the program is on the precipice for reduction they will attach a single line to a bill they know will pass stating all shortfalls will be made whole from general taxation.  End of problem. 

“When social security started 42 people were paying into the system for every 1 drawing out and on top of that the average time that 1 person actually drew social security before passing was only 2 years. With people living well into their 80’s and beyond now, it’s not uncommon for someone to draw social security for 20 years and the system just wasn’t set up for that,” Reeves said.  “Back in the 60’s the average family hovered around 6 people and now families are have only a couple children typically and as time goes that means a lot less people to pay into social security.”

DYI:  I’ve always held the opinion that Social Security should have from day one been funded from general taxation not the regressive FICA taxes employees see on their wage statements.  Why did Congress back in 1935 devise Social Security as a stand alone program?

 

Simple. 

The true underlining reason the vast majority of income taxes [not FICA taxes] would go to the military [which remains to this day!].  Plus Roosevelt was hell bent and determined to have the U.S. enter World War II.  The excess Social Security payments was plentiful at that time would go into general revenues to which Social Security would be given IOU’s for that amount.  Roosevelt looked as the savior for the older folks during the great depression by providing some level of retirement means AND opening up additional jobs for younger people.  With World War coming Roosevelt was able to push through a tax increase – during the great depression no less – to increase dollars available for the military!  And that my friend’s is how Social Security came to be.

Today Social Security and Medicare reduces an employee’s paycheck by 15.3%!  Half of that amount is pick up by the employer however your total compensation is factored in – thus reduced – to reflect that cost.  In other words the employee bears all of this cost through an overall reduced paycheck!  That 15.3% is borne heavily upon young people just entering the work force and the poor making it far more difficult to lift themselves out of poverty.  Funding through general taxation has its costs as well at least the larger dollars needed are paid by those – [at least in their current situation] – who can afford the most to give by our progressive income taxes.

I don't want to go too far down the rabbit hole when it comes to taxation.  As we all know or should know there is no perfect way to tax anyone.  Taxation is always enforced by the barrel of a gun.  Don't believe me?  Just stop paying your taxes and soon you will have men and now women at your doorstep all carrying sidearms.  The best way to reduce the burden of taxation is for the ending of these endless, worthless Federal Agencies.  The citizens in our 50 States can then decide if they want to resurrect some, all or none of the functions these agencies provided.

Till Next Time

DYI     

When will the Bear Return?

DYI:  Once you’ve taken out the “giant 5” stocks have rallied from their massive oversold condition. So…This bear rally appears to have run its course and if history is any sort of guide, we should see within a few weeks a resumption of this bear market.  Sky high valuations along with a complete disconnect from underlining economic performance will be the death knell for high flying stock prices.   

Till Next Time

DYI

The Depression Dominoes Are Toppling

The Depression Dominoes Are Toppling

The pandemic lockdown will be blamed for the Greater Depression, but the lockdown only toppled all the dominoes that were already lined up. 

The lockdown would have been survivable if the economy hadn't been over-indebted, over-leveraged, burdened by insanely high costs,

 stripmined by greedy monopolies,

 dependent on stock market fraud, destabilized by extreme inequality, corrupted by political pay-to-play and addicted to speculation.

Regarding unbearably high costs that only go higher, year after year: as noted here many times, Sickcare Will Bankrupt the Nation all by itself, never mind soaring higher education / student loan debt serfdom, skyrocketing rents, junk fees, taxes, etc.

Since the top 5% own the lion's share of the nation's productive assets--stocks, bonds, business equity, investment real estate, etc.-- the enormous asset bubbles have greatly boosted their wealth and income.

 This has enabled the wealthy to service their debt or pay it off. 

The bottom 95% aren't quite so well-placed to survive a decline in income.

Student loans--already in mass default. Credit cards--the wave is rolling in as we speak. Auto loans--looking like Waimea Bay on a big day. Mortgages--better not to look.

Corporate debt has exploded to unprecedented levels, and this is what will break the financial system. Zombie corporations are rushing to borrow billions of dollars (thanks to the Federal Reserve) but increasing their debt is only doing more of what created their fragility in the first place.

Being able to borrow more to service your old debts is not solvency, it's merely the semblance of solvency. We're in the eye of the hurricane right now, as everyone holds their breath and hopes some sort of magic will make all the debt that has to be serviced every month vanish.

Once you allow your economy to become dependent on extremes of debt, leverage, inequality,

 legalized looting, 

monopoly, pay-to-play politics and speculative asset bubbles, a depression is inevitable.

 The only question is "when," and that's been answered, though nobody wants to hear it: 2020 and beyond.

DYI:  Three major problems – there are more than three all are huge; – Medical Industrial Complex, Monopolies, and legalized looting.  As stated in Smith’s article our run-away health costs all by themselves will collapse our economy. 

For decades medical organizations have been in criminal violation of the Robinson Patman, Clayton, and the granddaddy Sherman Antitrust Act(s) for decades. Criminal means CEO’s along with board of directors leaving their buildings in handcuffs!  In a nut shell – and this is an accurate description – are committing price fixing.  There is zero competition in the health care field.  If these 3 acts were aggressively enforced cost of health care would drop on average from 60% to 90% depending upon complexity of illness.  For simple day to day maladies insurance would not even be needed you would just pay cash only requiring catastrophic insurance for major events.

Today we have Walmart, Amazon, and Target that are massive retail sales companies controlling the majority of sales [Monopolies].  If the Sherman Antitrust Act was enforced these companies would have been broken up years ago.  You can find similar situations in just about any industry in America.

Legalized looting of the U.S. Treasury [stimulus packages] by creating staged faked events.  We have had three that have occurred in my lifetime [I’m 65].  Faked moon landings, staged faked 911, and now the Corona or COVID-19 HOAX.  All three were designed in some shape or fashion to steal vast sums –pushed through the elite’s corporate ownership to rob American’s taxpaying dollars.

So here we today with the level of debt whether government or private moving upwards at an exponential rate.  This house of cards will fall – or maybe they have already started? – When it does a flat out depression will occur.  Stocks, corporate bonds especially high yield and junk their high flying prices will be smashed. 

Till Next Time

DYI

When You Don't Know What is Going on ALWAYS FOLLOW THE MONEY!

The Massive Covid-19 Hoax

By all accounts and from the very beginning it was clear that Coronavirus Disease 2019 (Covid-19) was at the very most a bad cold – little more dangerous than the annual flu – but being deliberately hyped to stampede the public into a tangled web of bad policies. 

As early as last month cooler-headed experts warned that hyped death rates spread by politicians, the Western corporate media, other various panic-mongers, and even World Health Organization (WHO) officials would give way to much, much lower death rates as more people were tested, found to have had the virus, and showed little to no symptoms. 

Another study conducted in the United States by Stanford University found the infection rate was likely 50-85 times higher than reported – meaning the death rate was astronomically lower than reported at around 0.2% to as low as 0.12% – not the 3-4% claimed by the World Health Organization. 

DYI:  The Stanford number of 0.12% is lower than what they are saying due to legalized scientific fraud on death certificates.  Persons just suspected to have Covid were pronounced dead due to the virus.  If we actually had accurate numbers this would be tallied up as a mild flu-Corona season. 

In other words – Covid-19 is no more dangerous or deadly than the annual flu. But it has been hyped as such by Western politicians, the Western corporate media, and even international institutions like WHO – a deliberate deception accompanied by coordinated theater including government briefings with reporters comically spaced out in “fear” of contracting Covid-19. 

If responsible journalists put these graphs in context – say, perhaps next to annual flu infection curves – the public would notice they are identical and simply represent the way the flu, colds, and Covid-19 which is related to both – work their way through populations. 

The same goes for total deaths. Should the media present Covid-19 deaths in the context of and in comparison to annual deaths from the flu, Americans – for example – would see that versus the 2019 flu season, Covid-19 is actually 30,000-40,000 deaths short of just matching the common flu – saying nothing of living up to the hype and hysteria the government and media have deliberately created around Covid-19 to justify lockdowns. 

So why have governments around the globe crippled their economies, put millions out of work, and placed draconian measures in place to, in essence, imprison their populations at home? 

Those with power and money seek to keep what they have and to take what little is left in the hands of others. 

During the manufactured “War on Terror,” similar hysteria was deliberately spread across society to justify draconian police powers at home and endless wars abroad 

– pouring ultimately trillions into the accounts of defense contractors and the financial institutions invested in them. 

During a manufactured health crisis like the 2009 H1N1 “Swine Flu” outbreak, the unfounded fear of an uncontrollable pathogen ravaging the population helped justify the centralizing of control over people’s health and lifestyle 

while pumping billions in pubic funding into the coffers of big-pharma. 

And here we are again with the very same interests who lied to us about all of the above, doing it again and on a much larger and more destructive scale – creating socioeconomic havoc virtually no one will escape completely.

 ***************

GEORGE FLOYD DEATH HOAX

 Coronavirus hoax wasn’t working so they needed something else

HOW ABOUT THE STACKS OF BRICKS IN EVERY MAJOR CITY, placed for the rioters to take part and join in the fun?! PLANNED PROTESTS and they even provided crisis actors to start the riots with bricks a plenty.

George Floyd Death Hoax and crisis actors

George Floyd death HOAX. crisis actors and freemasons planned George Floyd riots around the world. Freemasons and crisis actors planned george floyd death protests to enforce marshal, along with everything else you see on television. Everything you see on tel-lie-vision is a lie! It has been since the 1800s since the newspaper.

The United States is not a country, it is a corporation. The president is at the top, overseeing the corporation. Everything you see is planned programming. Newspapers and television have always told people what they (committee 300) want you to know.

In the last 3 months we have had coronavirus plannedemic, killer wasps that were in and out of the news in a day. Then the “viral” ufo video from the airforce, which was gone in a day. Then the asteroid coming to earth.

When none of that worked, the elite brought in George Floyd, crisis actor and freemason, to start riots and keep people in their homes further.

You have seen riot videos and they all say the same thing. Planned riots with planted bricks, started by a handful of rioters in each city across the world. Normal people stand by and film the crazies with their iphones.

People are waking up to the stupid tricks. Remember, the elite MUST let us know what they do. THEY MUST provide clues, which is why the “police” wear no badges or radios 

and the SUV at the scene of Floyd’s “murder” had a license plate that simply said “police.” 

Chauvin had an IMDB page, which was taken down. “Chauvin” also appeared in other crisis acting roles such as boston marathon and Sandy Hook. Sandy Hook was not real. People from the area said nothing ever happened there. That story was an attempt to take our guns, which we can legally have.

Now they want to force a mandatory vaccine for coronavirus. Don’t fear the virus, fear what is in the “vaccine.” More than likely there is a tracking chip, which is small enough to fit in a syringe. Funny how the president doesn’t address the fears of the people. THEY are too concerned with keeping us locked in our homes.

DYI

American Spirit of Revolution Dead?

From the Desk of Miles Mathis

Although the Phoenician Navy had been controlling the opposition this way for many centuries, faking events and infiltrating their enemies, they learned how to fine-tune their methods in the 1800s.  Marxism has been their greatest invention in this regard, and they have used it non-stop since then all over the world. 

Although it was used as a cover for fascism in Russia and China, its main use in the rest of the world has been as a replacement for republicanism.

DYI:  Republicanism is limited government aligned with small and medium size business with an antithesis against large monopolies.  Today the U.S. populace is living in a flat out Fascist country which by definition is the collusion between big government and big business.  The Corona HOAX is that expression with multiple agenda’s benefiting big government and big business to the detriment of the people.  Simply put YOU HAVE BEEN RIPPED OFF FINANCIALLY!      

 Anywhere that there is a real popular uprising against the billionaires, the Phoenician navy inserts their agents posing as Marxists.

These agents then proceed to take over the local uprising, turning it to crud. They fake a bunch of atrocities; have their Marxist agent’s phone the media taking credit for them.  People read this or see it on TV, and the revolution fails. That is what happened in Peru [see Miles Mathis full article], and it has also happened again and again in every other country, including the US. Because people haven't seen through this charade, the governors have been able to keep going back to it over and over and over. They will keep doing so until you wise up.

They are doing it to you right now, as you read this. Who do you think is running the current riots, the Black Live Matter mini-revolution, and all the rest? Same people.   

They saw a danger of a real uprising after the big Corona fake, 

so they manufactured a fake uprising to forestall it.  

They want you to think your government really cares about blacks and is on the case. They will hide a few Confederate statues and pass a few laws they have no plans to enforce, while continuing to turn the country into a police state and sheep farm. But you will be fooled into thinking progress is being made, so you will stay in your comfy chair and keep eating your Church's fried chicken. 

Because the revolutionary spirit was actually low, this fakery is working, but if a popular uprising in the US really should emerge in the near future, look for a whole other level of faking from the governors.  

DYI:  Unfortunately Mathis is correct the revolutionary fever is very low even for the Corona hoax AND a fast majority believe the staged FAKED murder of George Floyd plus the PAID LOOTERS all as real.  If our populous were to have a very real revolutionary fever [STOP THE LOOTING OF THE TREASURY] we would see one huge faked event after another.  If they became desperate the elites might device something horrendous and REAL.  So far the American public remains docile whether for Corona or the Floyd incident [including the past staged faked mass shootings].    

This is what happened in the late 60s, early 70s, when the government had to go all out to prevent anything real from taking place. That's when they ran one huge fake after another, including several high-profile fake assassinations, the Black Panthers, Manson, Patty Hearst, the Chicago Eight, an impeachment, and a whole raft of fake serial killers. 

Currently they have everyone locking themselves down due to fear of mass murderers and fake viruses, but that could change.  Prepare for a level of faking that makes the late 60s look like a vaudeville romp. They will be asking for belief in a set of gaudy crises that dwarf any before. 

Don't fall for it. Ignore the scripted tragedy playing on your TV screen, and simply continue to demand they return all the money they have stolen from you. AND DON'T GIVE THEM ANY MORE!

DYI:  The elites [using the CIA and DHS] will continue with additional staged faked shootings such as have occurred in Atlanta GA.  There will be additional staged faked events as they wind down the Corona HOAX.  The biggest dog and pony show is the Presidential election cycle they can use for staged faked events to distract the American public as Congress shovels TRILLIONS to huge corporations all owned by the elites.

Till Next Time

 DYI

21 Years Ago: The end of the Bombing of Serbia. And the Start of the Decline of the Western Empire

America in decline

One Financial Looting at a Time!

21 Years Ago: The end of the Bombing of Serbia. And the Start of the Decline of the Western Empire

There was nothing special in the Western Empire taking an aggressive posture after the fall of the rival Soviet Empire. It is the way empires work: they are military organizations dedicated to shifting economic resources from the periphery to the center. So, empires last as long as the cost of their huge military apparatus can be paid for by the resources they can control. Since resources are never infinite, they tend to be overexploited and empires suffer of a classic economic problem: diminishing returns. That's the reason for the cycles of growth and collapse of empires in history.

One peculiarity of empires is their capability to mask their mechanisms of operation. After the end of WW2, the Western Empire had managed to paint itself as a "non-empire," a force for the good of humankind. 

Within some limits, it was not wrong: The Imperial Government in Washington did a lot to rebuild Western Europe, to restore peace and justice, to promote democracy, to keep in check the rival Soviet Empire. 

Up to the 1990s, it was still possible to believe that, although it required a certain degree of faith.

DYI:  The reason for the leap of faith being required in the early 1970’s is when President Richard Nixon abrogated the last vestige financial agreement of Bretton Woods ending the dollar ties to gold.  After that America became the 100% fiat petro dollar resulting in pent up inflationary pressures that exploded – along with interest rates – during the 1970’s.  So yes it did require that “leap of faith” testing the resolve for those who came of age during the 1950’s. 

 Again, no big surprise: the declining trajectory of empires in history starts when their propaganda ceases being believable -- 

And

Believed.

 It had to happen, and it did. It is the moment when the empire starts discovering that it is not so mighty as it believed to be. It is when the imperial coffers start being emptied by the gigantic expenses of keeping alive a monstrously overgrown military machine that has become not only too expensive but also obsolete.

DYI:  At least back then when they faked events such as the moon landings it was not designed to scare the hell out of the American public.  Ripped off the taxpayers back in its day for sure at least folks felt exhilarated in our [faked] technical achievement though being bamboozled out of billions.  Fast forward to 9/11* another faked event but this time begins the process of scaring the hell out of the unknowing and unwitting American public replacing the Cold War with the never ending War of Terror. 

With the creation of Department of Homeland Security just after 9/11 they began their staged faked mass shootings beginning with the famed or should I say notorious Sandy Hook fiasco all designed to scare the hell out of gun owners for the non-existent possibility of gun control into a frenzy of gun and ammo purchases that elites who have massive equity ownership in gun manufactures.  Plus scores upon scores of sales reps have descended upon our public and private schools all hawking [totally unneeded] security devices and services to keep our children monitored and locked down.  And you guessed it the elites own these companies as well.

Medical Industrial Complex

Now the elites through their ownership of hospitals jumped into the act with their clever big business/big government collusion hyping beyond all realms of sanity the Corona HOAX.  The virus is real but the numbers of infected or deaths are a HOAX.  Bilking the American taxpayer out billions for unnecessary treatments [that caused many unnecessary deaths] then locked down the economy with business closures all designed for a multi-TRILLION dollar rescue program that a majority of the money will end up in the elite’s corporations further enhancing their already massive wealth.  Soon we’ll have a vaccine enhancing big Pharma’s wealth [and certain individuals such as Bill Gates] heavily pushed by our totally corrupt government agencies.

The George Floyd Distraction

It is my opinion the elites working hand in hand with our security services [CIA, DHS, Army Intelligence etc.] knew from the get go the American public would not believe in the hyped Corona scam.  They needed to distract the American public – and this time severely – with another DHS staged faked event.  That’s right those were NOT cops and George Floyd [what ever his real name is] is NOT DEAD.  That’s right folk’s another staged faked event to gin up riots all videoed by your mass media entertainment complex.

Decline of Empire

Since the inception of Department of Homeland Security these staged faked events are now ramping up at light speed from one event to another.  Below is an excerpt from Miles Mathis** [notes & links at end of post] explaining the major reason why these events are occurring.

We have an accelerating series of fake events, all scripted to keep your eyes off the multi-trillion-dollar steal from the treasury that just happened this spring. 

Corona was the fake event used as primary cover, but that veil began to fail, so these jokers came up with plan B: fake race riots. These race riots almost make you forget the whole Corona fiasco, so they are primarily a feint to “move you on”. They want you so distraught over these race riots, you forget all your Corona anger. Maybe you forget to sue for Civil Rights violations over illegal Corona orders. Maybe you forget to push back on Corona, because that is no longer topic one in your mind. And, most important of all, you don't organize Corona protests, because the streets are already filled with fake BLM protesters.

The real revolution is averted by being pre-empted by a fake one. The CIA and FBI have filled the streets with every last actor they could hire, to prevent real people from filling the streets themselves.  And the media is so busy reporting on this fake revolution, as they were hired to do, that there is no room left for real news. If real people are pushing back on corona or against the Federal Reserve or anything else, you won't hear about it. It will be drowned out by the fake riots. 

THAT is why the police are letting actors take over their precincts, burn their buildings, and pretend to beat cops. They have been ordered to do so. They are running their little Hollywood fake revolution, to pre-empt the real one.

The idea that any sort of pushback could be coming from Trump supporters is equally absurd. Trump is a rich guy who loves the CIA, so there is no possibility he is going to be part of any revolution or pushback. 

The Republican Party is not your friend and never has been, so get that through your head.  Neither is the Democratic Party. They are also owned by rich people, and always have been. 

This isn't a question of parties, since both parties are beyond corrupt. They will have to fall in the revolution with everything else. This isn't a question of Democrat v. Republican, or Trump v. Pelosi, or any of that. But these fake revolutionaries on both sides keep pushing you back to that split, because they want you talking about things that don't matter, and missing all the things that do. 

If you consider yourself a conservative, fine, it doesn't really matter. I assume you just mean you are in favor of conserving the family, conserving morality, conserving sensible laws, conserving the Constitution, and so on. So am I. What I am not in favor of conserving is the hegemony of the very rich, and their ability to steal from the worldwide treasuries with impunity. I am not in favor of conserving their ability to lie about everything all the time. I am not in favor of their ability to fake events, using the bought media to sell them as real.

So whatever your call yourself, you need to keep your focus. This isn't about black versus white, Democrat versus Republican, Trump versus Pelosi, men versus women, young versus old, north versus south, or east versus west. 

This is about protecting yourself and your fellow countrymen from being looted by billionaire bankers and cloaked investment groups. 

This is about refusing to play the stupid victim any longer. And it should now be about getting your money back. These bastards have already stolen hundreds of trillions of dollars worldwide from you and your parents and grandparents, and that money is not gone. It did not disappear. It is not being stored on Mars or Venus. So you can get it back. 

Therefore, you don't have to pick sides in this current fiasco. Tell both the Antifa actors and the Hell's Angels actors to fuck off and start your own real revolution. Drive around these bozos and do something real.  Form real alliances with real people.   

These fake revolutionaries took over the streets because the streets were empty. 

You were home sucking your thumb, afraid to catch a cold, cowering under the bed as CNN and FOX told you what to think and what to do. 

 But you can remedy that.  Wake up, dunk your head in cold water, slap yourself a few times, and remind yourself that your life is yours. The future is yours. You have things to do and you know how to do them. 

 So get busy.  Start by refusing illegal orders.*  Start by speaking out.  Start by talking to your neighbors.  Start by turning off the fake news.  Do not be afraid.  Do not social distance, do not wear masks, go to church, open your restaurant, open your gym. LIVE YOUR LIFE. 

*All these executive orders issued by Governors have no legal standing.  Laws have to be passed by legislatures, and Governors cannot make laws. Even in emergencies, Executive Orders have a very limited time frame, and that time frame ended months ago.  So all Corona orders expired a long time ago. Your government is currently existing on a bluff.  Call their bluff.

DYI:  The article I posted is correct stating the American Empire is in decline but simply does not go far enough the author may simply not know that U.S. citizens are being looted by the elites or does know but is unwilling fearing his readership will think he is a nut job [and loses his following].  Be as that may be the Corona Hoax with their hyped to the moon numbers of infection and deaths has now awaken a few more Americans to the onslaught of other faked events all designed in some form or fashion to rip off the American public of their hard earned dollars.  The elites in their arrogance have become so brazen they are sloppy with these events generated by government employees principally employed by DHS and secondarily the CIA and other intelligence agencies.  Amazing government employees working to have themselves looted and the American public at large.  Wow what an upside down world we live in!

*  SEPTEMBER CLUES.info  A top notch video and written material as to how the powers that be pulled off 9-11 bamboozling the American public with their fake terrorist attack all designed for a never ending War on Terror.  All to the benefit of the Military Industrial complex piling on massive profits for the elites ownership of war material companies.

** Miles MathisUpdates  Written form [with some still pictures] of current and decades past stage faked events here in the U.S.  The reason I have confidence in him is that I already knew around 40% those mentioned in his lengthy itinerary of past stage faked events.  This man is a national treasure. 

153news.net  Most likely you probably already know Face Book, Twitter, YouTube and many others will heavily censor videos or posts that step out line with the current staged faked events.  153news.net does not censor and believe you me when you see their content you will know right away that they do not.

Till Next Time

DYI