Archive for December 2, 2021

Nationalize the Internet

Posted in uncategorized with tags , on December 2, 2021 by andelino

The radical left wants to “nationalize the Internet” like the Soviets did utilities.

The United States Senate approved on August 10 a $1.2 trillion package to modernize America’s aging infrastructure. The bill must now pass the House of Representatives, where House Speaker Nancy Pelosi says Democrats will not vote on it until the Senate passes an even more ambitious $3.5 trillion social policy bill. If passed into law, both bills would worsen America’s economic crisis by increasing the federal debt and fueling inflation.

It is important that Americans understand what they are getting for their money. Only $110 billion of the $1.2 trillion infrastructure package is going toward roads, bridges and similar projects. Much of the rest has been earmarked for zero-emission school buses, electric-car charging stations and government-owned Internet networks.

Read more at “Joe Biden Plans to Spend Billions on Government-Owned Internet Networks”

War on the Dollar

Posted in uncategorized with tags , , on December 2, 2021 by andelino

The World Economic Forum, other global and regional institutions, and powerful individuals like Bill Gates are calling for a “great reset” of the economy in response to the pandemic. They say this will help eliminate poverty. Plans include the introduction of wealth taxes, governmental regulations and infrastructure-spending programs. After shutting down the economy, they plan to rebuild it in a socialist style.

This is a direct attack on the current global financial system—specifically on its dependence on America. The coronavirus is being used as a pretext.

One system already in place is intended to replace the United States dollar as the global reserve currency. In the 1970s, people feared the dollar would lose its value. The proposed solution was special drawing rights (SDRS) allocated by the International Monetary Fund (IMF). SDRS were created as “the principal reserve asset in the international monetary system.” Thus far, they have gotten little use. But because of the pandemic, SDRS have received fresh life.

American economist and author Jim Rickards warns that the use of SDRS could cause the dollar to cease to function as the global reserve currency. Instead, he warned, it would become a local currency that is no longer used to determine the price of oil nor as the settlement and balance of payments between countries. The large corporations could then “publish their financial results in SDRS, not in dollars.”

Read more at War on the Dollar

Aukus Ruckus

Posted in uncategorized with tags , on December 2, 2021 by andelino

A new alliance has both France and China spitting nails, and it is threatening to upend the global order. Australia, the United Kingdom and the United States proclaimed the Aukus alliance on September 16, under which the three nations pledged to increase their military coordination, especially in the Pacific. But the top headline was that the U.S. has announced it will help Australia become the eighth member of the elite club of countries that operate nuclear submarines.

The plan is for Australia to buy at least eight nuclear submarines, which will make it a more capable foe against China, bring profits to the American and British defense industries and dramatically empower the American-led military presence in the region.

Read more at Why the Ruckus over Aukus?

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