Hakeem Jeffries Says 2024 Is About Costs, Safety, And Immigration. Democrats Have Failed On Each One
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Ex-FBI Agent Uncovers Vast Conspiracy Unkown to the Public
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Why do new atheists spend so much time criticizing Christianity but not other religions? Furthermore, why are some of the leaders of the new atheist movement now identifying as "cultural Christians"? Frank explores the rise of new atheism and how Christianity compares to Islam.
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Michael Jaco SHOCKING News - Q Drops - Deep State - 7/20/24..
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Exclusive! Epic New Bohemian Grove Ritual Footage Leaked, July 14, 2024
'Does It Bother You-'- Rand Paul Questions Ex-CDC Director About Gain-Of-Function Research
The earth's magnetic field is vitally important to not only the planet, but the life on the planet as well. This field provides the perfect conditions to allow life to thrive on earth as well as protect us from dangerous space debris. But what would life on earth be like in the future when this field gets dangerously weak?
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Anti-War Activist Passport Confiscated and Pulled Off Plane By State Department - Scott Ritter
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Former Marine Intelligence Officer and UN weapons inspector Scott Ritter was at JFK airport, prepared to fly to St. Petersburg, Russia.
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Brighteon Broadcast News, Apr 19, 2024 – Israel attacks Iran, escalating the world toward a nuclear apocalypse – get ready for FALLOUT FOOD
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dutchsinse - 1_02_2024 -- New York City , Washington DC earthquakes, booms and rumbles - East Coast moving
Dems are trying to fix the border because it’s a ‘threat’ to Biden’s re-election: Sen. Ron Johnson
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A Steven Greer Film, 'The Lost Century And How To Reclaim It' reveals a century of illegal UFO secrecy that has cost humanity hundreds of years of spiritual, cultural and technological development. It exposes the secrecy of stolen energy from Nikolai Tesla and the truth behind JP Morgan's scam to enslave the modern world with a systematic plan through money, power, and psychological warfare.
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Corporate Profits Were Biggest Driver Of Inflation In Europe, IMF Admits
June 27, 2023
Geopolitical Economy Report
HOW CORPORATE PROFITS ARE DRIVING INFLATION, NOT WORKERS' WAGES
Corporate profits have been the biggest contributor to inflation in Europe since 2021.
This is according to a study published by the International Monetary Fund (IMF).
"Rising corporate profits account for almost half the increase in Europe's inflation over the past two years as companies increased prices by more than spiking costs of imported energy", wrote IMF economists this June.
The IMF said "companies may have to accept a smaller profit share if inflation is to remain on track to reach the European Central Bank's 2-percent target in 2025".
IMF economists Niels-Jakob Hansen, Frederik Toscani, and Jing Zhou detailed their findings in a research paper, "Euro Area Inflation after the Pandemic and Energy Shock: Import Prices, Profits and Wages".
They found that domestic profits were responsible for 45% of the average change in consumption deflator (inflation) from the first quarter of 2022 to the first quarter of 2023, whereas rising import prices contributed 40%.
Some of the main factors contributing to rising import prices have included supply-chain disruptions due to the Covid-19 plandemic, the war in Ukraine, and Western sanctions on Russia - one of the world's leading producers of oil, gas, fertilizer, and wheat - which caused a big spike in global commodity prices.
However, the share of inflation caused by import prices reached its peak in mid-2022 and has since been falling.
This suggests that post-plandemic supply-chain problems have largely been solved, and some commodity prices have dropped. But corporations have continued hiking prices anyway.
The IMF economists noted that "the results show that firms have passed on more than the nominal cost shock, and have fared relatively better than workers".
Many neoliberal economists and Western central bank officials have ignored the rise in corporate profits, however, and instead blamed inflation on workers' wages.
In response to the inflation that shot up as the world came out the plandemic, the European Central Bank and US Federal Reserve have been aggressively raising interest rates, at a speed not seen since the Volcker Shock of the 1980s.
Fed chair Jerome Powell admitted that his goal is to "get wages down".
Former US Treasury Secretary and World Bank chief economist Larry Summers called for five years at 6% unemployment or a year at 10% unemployment in order to bring down inflation.
They put the blame largely on workers, overlooking how companies have exploited a time of uncertainty to make a killing.
Economist Isabella Weber was correct about 'sellers' inflation'
Perhaps the most vocal economist in calling for her discipline to research how corporations have contributed to inflation in the past two years is Isabella M. Weber.
A professor at the University of Massachusetts Amherst, Weber has dubbed this "sellers' inflation".
Yet, while her work is meticulously sourced, Weber has faced harsh criticism from neoliberal economists.
In December 2021, she published an op-ed in The Guardian titled "Could strategic price controls help fight inflation?"
In the debates around inflation, "a critical factor that is driving up prices remains largely overlooked: an explosion in profits", Weber wrote. "In 2021, US non-financial profit margins have reached levels not seen since the aftermath of the second world war. This is no coincidence".
She noted that "large corporations with market power have used supply problems as an opportunity to increase prices and scoop windfall profits".
Weber's article set off a firestorm, and she was brutally attacked. New York Times pundit Paul Krugman claimed Weber's call for price controls was "truly stupid."
In February 2023, Weber published an academic article further explaining the phenomenon: "Sellers' Inflation, Profits and Conflict: Why can Large Firms Hike Prices in an Emergency?"
The IMF economists in fact cited this Weber article in their own working paper on inflation in Europe.
Rethinking inflation
Contemporary mainstream economists typically discuss three types of inflation: demand-pull inflation, cost-push inflation, and built-in inflation.
Cost-push inflation happens when the prices of inputs used in the production process increase. When the international prices of commodities like oil or gas skyrocket, in response to the war in Ukraine for instance, this contributes to cost-push inflation.
Built-in inflation accounts for expectations that inflation that happened in the past will repeat in the future. Corporations often increase their prices every year, for example, simply because they expect costs to increase, not because they actually did increase (but by doing so, costs do sometimes increase).
However, discussions of inflation among Western neoliberal economists are usually focused on demand-pull inflation.
The godfather of monetarism, infamous right-wing University of Chicago economist Milton Friedman, argued that "inflation is always and everywhere a monetary phenomenon", and specifically consisted of demand-pull inflation: "too much money chasing too few goods".
Friedman was an inspiration for Chile's fascist dictator Augusto Pinochet, who came to power in 1973 in a CIA-backed military coup against the South American nation's democratically elected socialist president, Salvador Allende.
Friedman was so fixated on government monetary policy that he essentially argued that cost-push inflation doesn't exist, claiming it was merely a product of demand-pull inflation.
But this recent IMF study shows that the right-wing, monetarist view of inflation is much too simplistic. Capitalist firms can cause inflation simply by hiking up their profits to unreasonable levels.
Nevertheless, some monetarist holdovers today still insist that the inflation the world saw following the Covid-19 plandemic was merely caused by central bank money printing.
This fails to explain why there was little consumer price index inflation in the first 12 years of quantitative easing (QE), from 2008 to 2020, before the plandemic hit, and why QE suddenly caused prices to rise only around 2021.
Economist Michael Hudson has pointed out that QE by the US Federal Reserve and European Central Bank in fact fueled asset price inflation, not consumer price index inflation.
In an interview with Geopolitical Economy Report in September 2022, Hudson explained:
The result [of quantitative easing] has been $9 trillion, essentially, of bank liquidity that the Federal Reserve has pushed in.
Now, despite the fact that it is asset price inflation, the fact is that asset price inflation has all occurred on credit.
The asset price inflation has occurred when the Federal Reserve makes basically repo swaps with the banks, enabling the banks to deposit some of their packaged mortgage loans, or bonds, government bonds or even junk bonds, with the Fed.
And they get a deposit with the Fed that enables them to now turn around, as if the Fed was depositing money in the bank like a depositor, letting it lend more, and more, and more for real estate, which has pushed up the price.
Real estate is worth whatever a bank will lend against it. And the banks have been lowering the margin requirements, easing the the terms of the loan.
So the banks have inflated the real estate market, and also the stock and bond market.
The bond market from 2008 today has had the biggest bond rally in history. You can imagine the bond prices going down to below 0%. This is a huge capitalization of the bond rate.
So it has been a bonanza for people who held bonds, especially bank bonds. And it has inflated the top of the pyramid.
But if you inflate it on debt, then somebody has to pay the debt. And the debt, as I just said, is the 90% of the population.
So the fact is that asset price inflation and debt deflation go together, because the wealth part of the economy, the ownership part, has been vastly inflated, the price of wealth relative to labor.
But the debtor part has been has been squeezed by families having to pay much more of their income on mortgages, or credit cards, or student debt, leaving less and less to purchase goods and services.
So if there is a debt deflation, then why do we have a price inflation now? Well, the price inflation is largely a result of the war [in Ukraine], the sanctions that the United States has imposed on Russia.
Russia was, as you know, a major gas exporter, oil exporter, and also the largest agricultural exporter in the world.
So if you exclude Russian oil, Russian gas, Russian agriculture from the market, you're going to have a shortage of supply, and you're going to have the prices way up.
So the oil, energy, and food have been a key element.
And also, under the Biden administration and certainly the Trump administration, there has been no enforcement of monopoly prices.
READ MORE: https://geopoliticaleconomy.substack.com/p/corporate-profits-inflation-europe-imf
Original: https://youtu.be/qdZbq1iw-ho
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LINKS:
https://www.youtube.com/watch?v=0MzHdxXhUwQ&ab_channel=SoundHealingVibes
https://reason.com/2022/10/27/yes-you-can-yell-fire-in-a-crowded-theater/
https://hbr.org/2021/08/how-to-ask-a-colleague-to-mask-up
https://www.muhealth.org/our-stories/how-talk-someone-hesitant-get-covid-19-vaccine
https://www.youtube.com/watch?v=LEBCc-Qpilw&ab_channel=DailyMail
https://twitter.com/rawsalerts/status/1671977553332936731?t=Syk2boL5c446d6wYLeLZ9A&s=19
https://twitter.com/JackPosobiec/status/1672023551522603011
https://twitter.com/travis_in_flint/status/1671154501040893952?s=12&t=lq_PNroZMdh9fY0Y2sknYQ
https://twitter.com/CollinRugg/status/1671942487185952768?t=hjGrjmdWhRl313bfbZncBg&s=33
https://twitter.com/TuckerCarlson/status/1672014260480901120?t=fb3ONMJVNnl6aMnUtpD2jA&s=33
https://www.youtube.com/watch?v=Ijqmk-5d364&ab_channel=O%27keefeMediaGroup
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https://www.youtube.com/watch?v=mhjVq0Nipls&ab_channel=CanadianPrepper
https://twitter.com/maks_nafo_fella/status/1672309306971025408?s=12&t=lq_PNroZMdh9fY0Y2sknYQ
https://simplicius76.substack.com/p/special-report-emergency-situation
https://forbiddenknowledgetv.net/china-is-throwing-away-fields-of-electric-cars-letting-them-rot/
Controversy erupted over the weekend after vaccine safety expert and Democratic candidate Robert F. Kennedy Jr. appeared on "The Joe Rogan Experience" and previous Rogan guest Peter Hotez called for Spotify to censor the show. Now, Hotez is being called upon by all of Twitter to debate RFK on Rogan’s show. You have to see this interaction to believe it. Plus, Anheuser-Busch issues a non-apology, and Matt Walsh exposes internal documents from Fox News that propagate queer theory and the transgender ideology. This is The Liz Wheeler Show.
References:
Use promo code PRIDE for a one-month free trial of The Liz Wheeler Show community on Locals: https://lizwheeler.locals.com/support/promo/PRIDE.
Anheuser-Busch issues non-apology: https://lizwheeler.com/trending-story/anheuser-busch-ceo-pledges-change/
Matt Walsh exposes internal documents from Fox News: https://lizwheeler.com/trending-story/fox-forcing-employees-embrace-pride/
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Thousands protest against against Israel judicial reform • FRANCE 24 English
FRANCE 24 English
https://www.youtube.com/watch?v=g0Ig3Y_BPSY&ab_channel=FRANCE24English
29,027 views Mar 1, 2023 #Israel #protest
Israelis protesting a contentious government plan to overhaul the judicial system on Wednesday (March 1) blocked roads and highways, clashing with police in central Tel Aviv during what organizers dubbed a “national disruption day".
#Israel #telaviv #protest #judicialreform #democracy
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What we covered during the LIVE:
Press Briefing by Press Secretary Karine Jean-Pierre: https://www.youtube.com/watch?v=7x6aOJKt57I&ab_channel=TheWhiteHouse
The International Women of Courage Award Ceremony: https://www.youtube.com/watch?v=WiNhe4nlT6s&ab_channel=TheWhiteHouse
The FTC is weaponizing its power against Elon Musk: Concha: https://www.youtube.com/watch?v=DA8lBOX4fdI&ab_channel=FoxNews
Jesse Watters: We put a hit out on the wrong bird: https://www.youtube.com/watch?v=EwyQOJR-mR4&ab_channel=FoxNews
Kayleigh McEnany: This was an 'extraordinary' admission by Karine Jean-Pierre: https://www.youtube.com/watch?v=glV_MHSFBPU&ab_channel=FoxNews
JUST IN: Marjorie Taylor Greene Introduces Resolution To Designate Antifa A Domestic Terrorist Org: https://www.youtube.com/watch?v=FcCFQLgMl8w&ab_channel=ForbesBreakingNews
Russell Brand and Tucker Carlson talk spirituality and fame: https://www.youtube.com/watch?v=BXY62OU8ZKg&ab_channel=FoxNews
Where Michigan voters stand on proposed gun law reforms after Michigan State shooting: https://www.youtube.com/watch?v=-1H8ChtadH8&ab_channel=ClickOnDetroit%7CLocal4%7CWDIV
Tucker Carlson: There is no justification for this: https://www.youtube.com/watch?v=Uo8y8zSr090&ab_channel=FoxNews
House to hold first hearing on Biden's botched Afghanistan withdrawal: https://www.youtube.com/watch?v=r3g4CbLoWvU&ab_channel=FoxNews
Yesterday, Biden’s Attorney General Merrick Garland testified before the Senate Judiciary Committee, where he was questioned about his department’s decision to send armed S.W.A.T.-style agents to the home of a sole pro-life protester to arrest him – even after he had offered to turn himself in voluntarily. The AG claimed the “safest” way to bring this peaceful protester in was with a battalion of armed agents. That’s the safest way? I don’t know about you, but I’m terrified to ask what Garland would consider a dangerous way. To make matters worse, the pro-lifer was acquitted of all charges. There was absolutely no justification to treat him this way. He was innocent.
The truth is if Garland really wanted to – if he took his job seriously and wasn’t just trying to curry favor with his radical overlords – he could find these criminal perpetrators tout de suite. Which means he’s choosing not to. After all, abortion giants like Planned Parenthood donated millions to the Biden campaign as well as many other lawmakers on the Left. So if any of Planned Parenthood’s pro-life competition actually does get blown up, or a few pro-life workers get scared away from going to work, or worse, so be it? Is that just the cost of doing the Left’s political business?
ACLJ Senior Counsel for Global Affairs and former Director of the CIA Mike Pompeo joined us and echoed the same idea that Garland is choosing to kowtow to the abortion lobby:
"These are political decisions being made by senior leaders on how to prosecute and whom to prosecute. It is not the absence of cameras. It’s not the time of day that these things are taking place. This is a decision being built and filtered through the bureaucracy in the Department of Justice and perhaps at the FBI as well about which cases are more important to them, and these are not pro-life people. These are folks who have supported the abortion movement for an awfully long time in their political lives and in the rest of their lives, and this is now emanating in our most sacred space, this important space where we’re supposed to do equal justice under the law. I thought his [Garland’s] performance yesterday both reflected the politicization of the Attorney General’s office, and was not representative of the best things that America knows need to happen. It’s indecent what he said yesterday."
So the Biden Administration is choosing not to lift a finger to bring these domestic terrorists to justice – willful inaction that could get innocent pro-life medical workers AND PATIENTS killed – but it will send nearly 30 armed agents to arrest one peaceful pro-life protester to shut him up. This is where the Biden Administration has taken us.
Today’s full Sekulow broadcast includes more analysis of AG Merrick Garland’s questionable testimony before the Senate yesterday, including more with former Secretary of State and ACLJ Senior Counsel Mike Pompeo.
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Coffee with Hooligans LIVE at 1PM ET Mon-Sat!
Covering Current Events, Popular Topics, and Technology!
Then viewing live events as they happen, with added commentary.
The LIVE is for entertainment and fun. So don't take it too seriously!
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What we covered during the LIVE:
President Biden Delivers the Keynote Address During the National Association of Counties: https://www.youtube.com/watch?v=HVeBEd4t7uI&ab_channel=TheWhiteHouse
Press Briefing by Press Secretary Karine Jean-Pierre: https://www.youtube.com/watch?v=mX6l3Htb1WI&ab_channel=TheWhiteHouse
Ohio train derailment sparks new environmental concerns: https://www.youtube.com/watch?v=JwSE2B0oLm8&ab_channel=FoxNews
'Jarring' details revealed about college mass shooting suspect: https://www.youtube.com/watch?v=PoIZqi7yZTA&ab_channel=FoxNews
Michigan officials release identity of Michigan State University shooter: https://www.youtube.com/watch?v=Oi5wG9CCGM0&ab_channel=FoxNews
Terrifying footage of U-Haul driver hitting 8 people in Brooklyn: https://www.youtube.com/watch?v=jbnXVI7VbCA&ab_channel=NBCNews
Nikki Haley officially launches 2024 presidential bid: https://www.youtube.com/watch?v=lMs1KWT5Ibo&ab_channel=FoxNews
Dana Perino: This is a glaring contradiction: https://www.youtube.com/watch?v=zpJohgrmm2s&ab_channel=FoxNews
The United States 'Neo-Imperialist' Dollar Scheme Explained by Economist Yanis Varoufakis
THE GREAT CURRENCY WAR
Feb. 3, 2023
Geopolitical Economy Report - Ben Norton
Greece's former Finance Minister Yanis Varoufakis explains the US system of "Neo-Imperialism" based on the dollar, an "IOU issued by the hegemon."
Which finances a huge trade deficit by letting foreign capitalists "extract colossal surplus value from their workers and then stash it away in America's rentier economy."
When President Richard Nixon ended the convertibility of the dollar into gold in 1971, it became merely an "IOU issued by the hegemon", Varoufakis explained.
This dollar "IOU" financed the United States' huge trade deficit by letting foreign capitalists "extract colossal surplus value from their workers and then stash it away in America's rentier economy."
The US trade deficit became a "huge vacuum cleaner" that "was sucking into America the net exports of Germany, Japan, and China, Varoufakis continued.
But deficit countries in the Global South "had to borrow from Wall Street to import medicines, energy, and the raw materials necessary to produce their own exports for earning the dollars with which to repay Wall Street."
When Global South countries could no longer pay their debts to the bondholders on Wall Street, "the West sent in the bailiffs, the International Monetary Fund", which imposed mass privatizations and neoliberal economic policies, Varoufakis pointed out.
Economist Michael Hudson first exposed this system back in 1972, in his book "Super Imperialism: The Economic Strategy of American Empire". (Hudson published an updated, third edition in 2021.)
Varoufakis provided his analysis of the US dollar hegemony scheme in a speech he delivered in Cuba in January 2023, at the "International Conference for the Balance of the World," a meeting organized to advocate for the New International Economic Order.
In his remarks, Varoufakis also condemned the new cold war, and called for a new non-aligned movement.
At the same conference, a German member of parliament from Die Linke (the Left Party), Sevim Dagdelen, denounced the NATO proxy war in Ukraine and warned that European Union members states have become "servile vassals" that are "pursuing the interests of US corporations and following foreign policy instructions from Washington."
Original: https://youtu.be/yohXMsuxzDA
Sources and more information here:
https://geopoliticaleconomy.com/2023/02/03/us-imperialism-dollar-hegemony-yanis-varoufakis/
German lawmaker condemns `US-led proxy war against Russia' and EU's 'servile vassals':
https://geopoliticaleconomy.com/2023/01/28/german-lawmaker-us-proxy-war-russia-ukraine-eu/
Varoufakis' full speech: https://youtube.com/watch?v=6MfuGSlDRsc
Super Imperialism - The Economic Strategy of American Empire, by Michael Hudson
https://michael-hudson.com/books/super-imperialism-the-economic-strategy-of-american-empire/
https://thegrayzone.com/2021/10/19/super-imperialism-economist-michael-hudson/
https://www.amazon.com/Imperialism-Economic-Strategy-American-Empire/dp/3981826086
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Nuremberg Code PDF:
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Link to AMERICAS FRONTLINE DOCTORS website for information about jab, masks, CV, research, data and LEGAL FORMS AND INFORMATION FOR EMPLOYERS, SCHOOLS, MILITARY ETC IN VIOLATION OF NUREMBERG CODE.
https://americasfrontlinedoctors.org/legal/vaccines-the-law/
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SOURCE LINKS
I cover Dr. Mark Buller, the US's leading Orthopox Virus researcher who conducted at least two rounds of dual-use (gain of function) research on viruses related to smallpox. You can guess where he got the funding. Other revelations about bio-terror 'research' in here too. Support my work here: https://amazingpolly.net/contact-support.php THANKS! References below.
NYT Mousepox Gain of Function: https://www.nytimes.com/2003/11/01/us/bioterror-researchers-build-a-more-lethal-mousepox.html
Buller Says Vaccine for Monkeypox (using smallpox vax) NOT recommended: https://pubmed.ncbi.nlm.nih.gov/17661673
Buller paper on Monkeypox Outbreaks up to 2012: https://pubmed.ncbi.nlm.nih.gov/23626656/
Judicial Watch re James Leduc / Wuhan: https://www.judicialwatch.org/wuhan-lab-fauci-grants/
National Biocontainment Training Center report by Leduc: https://apps.dtic.mil/sti/pdfs/AD1022067.pdf
#amazingpolly #vaccines #gainoffunction
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