Thursday, September 30, 2021
Modern Monetary Theory
Here’s What Joe Manchin’s Statement Against $3.5T ‘Build Back Better’ Plan Really Means
Senator Joe Manchin may be the deciding vote in the most massive legislation our nation has ever seen, and judging by his latest statement it appears he’s siding, at least in part, with fiscal responsibility rather than Modern Monetary Theory. I’ll explain what his statement really means, but let’s read it all first:
Every Member of Congress has a solemn duty to vote for what they believe is best for the country and the American people, not their party. Respectfully, as I have said for months, I can’t support $3.5 trillion more in spending when we have already spent $5.4 trillion since last March. At some point, all of us, regardless of party must ask the simple question – how much is enough?
What I have made clear to the President and Democratic leaders is that spending trillions more
Rolling gun battle in the West Loop! Get used to it.
4 ‘unintended targets’ wounded in West Town shooting; ‘It’s almost unbelievable’ but it is believable because it was foreseeable, as most of these victims voted for Beetlejuice and Foxx. Nobody wants to hear their bellyaching so STF up. Just call the police and they will fill out a report.
The shooting spanned two blocks of Milwaukee Avenue from Hubbard to Grand Street, Chicago fire officials said.
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At least four bystanders were wounded, one critically, in a shooting Wednesday in West Town. A fifth person, police believe to be a possible suspect, was also shot.
Two vehicles were driving in the 800 block of North Milwaukee Avenue about 4:45
Wednesday, September 29, 2021
McCaskey's game of bluff is blowing up?
Lightfoot: 'We'll do what we can' to keep Bears in Chicago
Mayor Lightfoot seems almost resigned to the Chicago Bears departing Chicago, hinting that perhaps another NFL team might be interested in making Soldier Field home.
Maybe they will move to Portland, St. Louis or Grand Rapids. We don't need a second rate team. Chicago is tired of the 2-bit shakedown efforts. Maybe Lightfoot can get the Packers to move here. I will vote for her if she gets them. Also, the KC Chiefs would be good.
'At Some Point The State Of Texas Is Going To Force a Constitutional Showdown"
For Negotiation Purposes Only...Watch Beetlejuice take the bait
BEARS SIGN OPEN-ENDED PURCHASE AGREEMENT FOR ARLINGTON PARK RACECOURSE LAND FOR STADIUM
“We remain committed to continuing to work to keep the team in Chicago and have advised the Bears that we remain open to discussions,” Mayor Lori Lightfoot said in a statement.
By Patrick Finley Sep 28, 2021, 10:56pm CDT
Three-and-a-half months after putting in a bid to buy the Arlington International Racecourse property, the Bears have signed a purchase agreement for the 326-acre plot, a mayoral spokesperson said late
These bastards were trading stocks with inside information!!!! Where is the SEC?
PUBLISHED MON, SEP 27 20213:59 PM EDT UPDATED MON, SEP 27 2021 5:56 PM EDT
Dallas Fed President Robert Kaplan said Monday he is stepping down from his position following a controversy over his stock holdings.
Boston Fed President Eric Rosengren, who had come under similar scrutiny, announced earlier in the day that he was retiring.
Dallas Federal Reserve President Robert Kaplan became the second regional central bank leader to resign Monday, saying he was stepping down early following a recent controversy over stock market trades he made.
Kaplan’s early retirement follows an announcement earlier in the day from Boston Fed President Eric
Tuesday, September 28, 2021
Clarence Thomas and the Declaration of Independence
Star Parker
Last week, Supreme Court Associate Justice Clarence Thomas arrived at the University of Notre Dame to speak about the Declaration of Independence.
Speaking invitations like this that Thomas accepts are few and far between.
Anyone who cares about our country and listens to this address will wish that he would agree to speak more.
His presentation was a brilliant and profound articulation of what America is about at its core.
It is what every American needs to hear in these troublesome and divisive times.
Thomas tells his own story and how his life’s journey led him to understand what
Monday, September 27, 2021
Another Chicago alderman ..........................
The onetime veteran alderman pleaded guilty just five months after a federal indictment accused him of using the Progressive Reform Caucus as a personal piggy bank, stealing thousands to pay for a relative’s college tuition, skydiving excursions — and even at Lover’s Lane.
By Jon Seidel Updated Sep 27, 2021, 5:38pm CDT
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Former Ald. Ricardo Muñoz (22nd) Anthony Vazquez/Sun-TimesFormer Ald. Ricardo Muñoz (22nd) pleaded guilty Monday to wire fraud and money laundering, admitting he took nearly $38,000 from the Chicago Progressive Reform Caucusto pay for personal
Biden demands wealthy pay 'fair share' after reportedly owing $500K in back tax
It was a beautiful neighborhood
Englewood’s population, housing stock plummets, 2020 census data shows
Though Chicago’s population grew 2% from 2010 to 2020, Englewood’s fell more than 20%, according to Census Bureau data, and West Englewood’s population fell 16%. Those areas had the largest percentage losses in the city.
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The release of the 2020 census figures last month revealed how Chicago has slightly grown and become more diverse over the past 10 years, but an examination of neighborhood-level data shows that while some neighborhoods boomed in the aftermath of the Great Recession, others never did.
Nowhere is this more more evident than in Englewood and West Englewood, where
Sunday, September 26, 2021
What's the Problem?
By Pamela Geller - on September 26, 2021
Democrat voter rolls expand exponentially.
Quick note: Tech giants are shutting us down. You know this. Twitter, LinkedIn, Google Adsense, Pinterest permanently banned us. Facebook, Google search et al have shadow-banned, suspended and deleted us from your news feeds. They are disappearing us. But we are here. We will not waver. We will not tire. We will not falter, and we will not fail. Freedom will prevail.
Subscribe to Geller Report newsletter here — it’s free and it’s critical NOW when informed decision
Saturday, September 25, 2021
Friday, September 24, 2021
Why Not?
Our Marie Newman is one of 2 ILLINOIS CONGRESS MEMBERS VOTE AGAINST FUNDING ISRAEL'S IRON DOME
Jerusalem Post photo
DC - Two Democrat members from Illinois of the US House - Marie Newman (IL-3) and Chuy Garcia (IL-5) joined with the Liberal Left Thursday to oppose American financial aid to Israel's key protection from radical terrorist attacks.
The bill to help Israel retain its missile defense system called the "Iron Dome" passed the House with an
The Ingraham Angle 9/23/21
Most of the southern border is wide open. Expect a mass migration (millions) from Central America to develop within the next few weeks.
Thursday, September 23, 2021
Wednesday, September 22, 2021
One million Haitians are expected to arrive during the remainder of 2021
- retired cruise ships have been put back into service
- the ships are boarded in Haiti by migrants for a 12 hour trip
- the ships unload in Veracruz. Mexico
- migrants are then bused to the U.S. border
- migrants are given humanitarian aid and then bused or flown to dispersal sites throughout the U.S.
- the Mexican bus company is the same company that transported central American migrants earlier this year
- the source of funding for the cruise ships and buses is unknown
- total travel time for a typical Haitian migrant is 3.5 days
- each migrant is required to report to U.S. Immigration within 60 days
- government officials are sworn to secrecy
Haitians being sent back? That was just for the photo opportunity.
Officials: Many Haitian migrants are being released in U.S.
Many have been released with notices to appear at an immigration office within 60 days.
A migrant migrant wades across the Rio Grande from Ciudad Acuña, Mexico, to Del Rio, Texas, on Sept. 20, 2021. | Fernando Llano/AP Photo
DEL RIO, Texas — Many Haitian migrants camped in a small Texas border town are being released in the United States, two U.S. officials said, undercutting the Biden administration’s public statements that the thousands in the camp faced immediate expulsion.
Haitians have been freed on a “very, very large scale” in recent days, according to one U.S. official who put the figure in the thousands. The official, with direct knowledge of operations who was not authorized to discuss the matter Tuesday and thus spoke on condition of anonymity
Many have been released with notices to appear at an immigration office within 60 days, an outcome that requires less processing time from Border Patrol agents than ordering an appearance in immigration
Tuesday, September 21, 2021
Monday, September 20, 2021
Buying Votes Instead of Repairing City Finances
CHICAGO (AP) — Chicago Mayor Lori Beetlejuice pitched a pilot program Monday giving $500 monthly payments to 5,000 low-income households, part of the city’s proposed $16.7 billion spending plan that relies on an infusion of federal relief funds to close budget gaps for several years.
Beetlejuice, a first-term Democrat, characterized the proposed $31.5 million cash assistance program as a way to help “hard-hit, low income households in need of additional economic stability.” The payments would last a year.
Jobama Slide Begins
Hannah Miao@HANNAHMIAO_
A trader works on the floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., August 20, 2021.
Andrew Kelly | Reuters
U.S. stock futures began the week deeply in the red as investors continued to move to the sidelines in September amid several emerging risks for the market.
Futures on the Dow Jones Industrial average lost 535 points, or 1.6%. S&P 500 futures fell 1.3%. Nasdaq 100 futures dropped 1.1%.
There were a number of reasons for the sell-off:
Investors fear a contagion sweeping financial markets from the troubled China property market. Hong Kong equities saw a big sell-off during the Asia trading session on Monday. The benchmark Hang Seng
Military Brass is more F----d Up than anyone thought
Former Joint Chiefs chair: Nothing unusual about Milley’s contacts with China, think about what this guy is saying
“Having communications with counterparts around the world is routine,” Michael Mullen said.
Michael Mullen, then chair of the Joint Chiefs of Staff, testifies at a March 31, 2011, hearing on Capitol Hill. | Carolyn Kaster/AP Photo
By DAVID COHEN
Michael Mullen, former chair of the Joint Chiefs of Staff, on Sunday said there was nothing abnormal about the reported conversations between Gen. Mark Milley and his counterparts in China.
According to authors Bob Woodward and Robert Costa, Milley reached out to China in the waning days of the Trump administration, attempting to reduce tensions by assuring China that no American attack was imminent — and asking that China not do anything without consulting the U.S. military leadership.
Sunday, September 19, 2021
So Unethical it's Corruption Per Se
The Crooks Running The Federal Reserve Have Been Getting High On Their Own Supply
September 17, 2021 by Michael Snyder
Liquidity injections are like a drug, and the financial markets just can’t get enough of them. But as they were endlessly juicing the stock market, officials at the Federal Reserve broke one of the cardinal rules of drug dealing. You never get high on your own supply. It turns out that quite a few of the big dogs over at the Fed have very large investments which greatly benefitted from all of the cash that the Federal Reserve was endlessly pumping into the marketplace. If that sounds “extremely corrupt” to you, that is because it is extremely corrupt, and it is another example that shows why the Federal Reserve should be completely abolished.
Earlier this week, the entire nation was stunned when news of this scandal first started to break…
Federal Reserve Chairman Jerome Powell directed staff to review the central bank’s ethics rules for appropriate financial activities after disclosures that several senior central bank officials made multiple multimillion-dollar stock trades in 2020, while others held significant investments.
That sounds really bad, right?
But then more of the specific details started coming out and it got even worse…
Powell held between $1.25 million and $2.5 million of municipal bonds in family trusts over which he
Some Valid Points
Fired for Being White
Fired for Being White
Paul Craig Roberts
The British Arts Council has appeared as another assassin of white people. The British Arts Council’s policy of “diversity” has resulted in the English Touring Opera firing half of its orchestral musicians for being white.
Think about this. You are a person with the desire and discipline to master a musical instrument and become a member of a performing orchestra. You have done well and have been a long-time member of the orchestra of the English Touring Opera, but suddenly you and half the orchestra get messages that you count for nothing and are fired because you are
Bush and Milley Have Chosen Obama's False History of America
It has been the project of the political left for quite some time to convince Americans that there is nothing exceptional about their country. To "fundamentally transform" a culture, you must first poison the roots of what has already been growing. So for a century, Marxists have disparaged American history as steeped in genocide, imperialism, and avarice. They have exploited the imagery of virtue and vice to convince moral people that their nation rose from immorality. This has reached its logical apex with the historically illiterate 1619 Project, supported by elite news publications and academic institutions, reimagining America's birth as bathed not in liberty, but rather enslavement.
Killing American history is not just a matter of destroying our collective identity as Americans, but also the vehicle for undermining notions of personal freedom. Barack Obama famously revealed how little he understood about the United States when he mocked the idea of "exceptionalism" altogether: "I believe in American exceptionalism," he said after becoming president, "just as I suspect that the Brits believe in British exceptionalism and the Greeks believe in Greek exceptionalism." After taking heat for
Saturday, September 18, 2021
Spend, spend, spend, spend
Sneak peak at mayor’s spending plan shows millions for community development, affordable housing and homeless support
The grand total of new investments is $1.2 billion. Some influential aldermen got an advanced look.
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Mayor Lori Lightfoot moved up her 2022 budget address by a month to coincide with the unveiling of her plan to spend the $1.9 billion avalanche of federal stimulus funds on its way to Chicago.
That’s where much of the action will be during this year’s budget hearings as
Extreme Danger Lurks in River North!
A man was fatally shot in a drive-by on the Near North Side.
The 33-year-old was standing next to his vehicle about 3:50 a.m. in the 800 block of North Orleans Street when someone inside a blue SUV opened fire, police said.
Don't let the trendy bars and glitzy high-rises fool you. Keep away.
Doing everything she can to chase business out of Chicago
Beetlejuice (with a limited understanding of fiscal matters) plans to increase Chicago’s property tax levy by $76.5M in 2022
The levy increase covers $22.9 million for the automatic escalator tied to the consumer price index; $25 million to bankroll the 2022 installment of Lightfoot’s $3.7 billion capital plan; and $28.6 million captured from “new property.”
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Chicago’s property tax levy will rise by $76.5 million in 2022, but Mayor Lori Lightfoot will hold the line on all other taxes, fines and fees thanks to a once-in-a-lifetime avalanche of federal stimulus funds, influential aldermen have been told.
Last year, Lightfoot raised property taxes by $94 million and persuaded a divided
Friday, September 17, 2021
Corruption at the Fed
Fed Chief Powell, other officials owned securities central bank bought during Covid pandemic
PUBLISHED FRI, SEP 17 202110:40 AM EDT UPDATED 4 HOURS AGO
Steve Liesman@STEVELIESMAN
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KEY POINTS
Federal Reserve Chairman Jerome Powell has ordered a review of ethics rules for the central bank after an outcry over officials owning individual securities.
CNBC found Powell owned municipal bonds of the same type bought by the Fed during the Covid-19 pandemic in 2020.
Two regional Fed presidents likewise owned assets of the same type the Fed was buying as the coronavirus threatened the U.S. economy’s health.
The central bank’s code of conduct says officials “should be careful to avoid any dealings or other conduct that might convey even an appearance of conflict between their personal interests, the interests
Check out the guy that takes himself too seriously
Black Caucus Chairman Jason Ervin delivers early endorsement of Lightfoot reelection
Mayor Lori Lightfoot has said it’s “not a gimme” that she will seek a second term. If Lightfoot does run again, she’ll have a powerful ally in her corner: Ald. Jason Ervin (28th), chairman of the City Council’s Black Caucus.
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Mayor Lori Lightfoot has said it’s “not a gimme” that she will seek reelection. But, if she does run for a second term, she’ll have a powerful political ally in her corner.
Ald. Jason Ervin (28th), chairman of the City Council’s Black Caucus, said he expects Lightfoot to run again, and when and if she does declare her candidacy he’ll