April 09, 2024

Les Belles Histoires Des Pays D'en Haut - Seraphin Et Le Roi De France ( English Subtitles )






BECAUSE WE LIKE THE TRUTH

You can find us on Twitter


Democrats Sign WEF Treaty To Secretly Hide Insects in Popular U.S. Foods

Democrats Sign WEF Treaty To Secretly Hide Insects in Popular U.S. Foods


 


 Democrats have signed a World Economic Forum (WEF) treaty that will allow U.S. food companies to hide bugs and insects in popular foods without telling the public.

Senate Democrats in Minnesota blocked an amendment that would have required foods containing bugs to be clearly labelled on the package.

On April 4, the omnibus agriculture policy bill, also known as S.F. 4225, was passed by the Minnesota Senate. According to the bill’s author, Sen. Aric Putnam, D-St. Cloud, the “overwhelming majority” of the bill related to policy recommendations from the Minnesota Department of Agriculture.

Alphanews.org reports: Before the bill was passed, Sen. Torrey Westrom, R-Alexandria, put forward an amendment that would require food to be properly labeled if it contains either insect products or artificial “cell-cultured” food such as lab-grown meat.

Speaking to his amendment, Westrom said “this just sets forth that if there’s bugs in your food for protein, cricket flour, whatever it is, it needs to be labeled. The consumers need to know. If your meat is cell-cultured and grown in a petri dish, you also need to know. Consumers should have that knowledge as they shop in the stores.”

While Putnam agreed that “consumers should know what they are consuming,” the St. Cloud legislator opposed Westrom’s amendment. In opposing the amendment, Putnam described the issue as a “future problem” and said legislators need to know what fiscal impact the labeling requirement will have before approving it.

“Everybody wants to have consumer awareness of the food that they eat, but some of us want to do it in a thoughtful way,” he said.

Westrom has also introduced the language of the amendment as a stand-alone bill, which is co-sponsored by Putnam. Putnam’s Agriculture, Broadband, and Rural Development Committee held a hearing on that bill earlier this session.

“One thing that came from that discussion is that currently there is only one space in the entire country that is selling cell-cultivated meat and that was a restaurant in San Francisco that has already stopped doing it,” Putnam said.

Sen. Nathan Wesenberg, R-Little Falls, spoke to the importance of Westrom’s amendment, saying “it’s imperative that these labels be on foods.” The rural state senator warned that mislabeled food could cause severe consequences for those who have allergies and anaphylactic conditions.

Sen. Jim Abeler, a Republican who owns a restaurant in Anoka, called the amendment a “no-brainer.”

“Let’s tell people what’s in their food that some people don’t even consider to be food,” he said. “Just because there’s no money in the bill doesn’t mean we can’t establish a policy.”

Despite the Republican effort to pass the labeling requirements, Westrom’s amendment was ultimately defeated in a 33-34 vote. However, the Senate did adopt an amendment from Sen. Rich Draheim, R-Madison Lake, that will require the Department of Agriculture to “evaluate options for labeling requirements for cell-cultured meat” and report back to the legislature next year. Draheim’s amendment did not address insect products.

“My main concern was the lab-grown meat or the cell-grown meat,” Draheim said. “I heard in testimony from three different companies that are producing lab-grown meat. So I think it’s going to be here sooner than some think.”

Ultimately, the omnibus agriculture policy bill itself was passed by the Minnesota Senate with bipartisan support; 58 senators voting in favor, nine senators voting against. Of the nine senators who opposed the bill, eight were Republicans and one was a Democrat.

video:

https://rumble.com/v4o2bak-p-diddy-insider-sickening-child-sex-tapes-involving-elite-vips-given-to-fbi.html


Sean Adl-Tabatabai

Knight of Joseon (https://joseon.com)

https://thepeoplesvoice.tv/democrats-sign-wef-treaty-to-secretly-hide-insects-in-popular-u-s-foods/.

https://thepeoplesvoice.tv/.




BECAUSE WE LIKE THE TRUTH

You can find us on Twitter

April 08, 2024

Why US Public Debt Is Unsustainable And Is Destroying The Middle Class

 

Why US Public Debt Is Unsustainable And Is Destroying The Middle Class


Authored by Daniel Lacalle

In a recent tweet, a talented financial analyst and investor stated: “The “debt is unsustainable” narrative has been around for 40 years plus. What’s astonishing to me is how the people who push this narrative never ask themselves, “Why has it been sustainable for so long?”.

There is a widespread idea that the fiscal imbalances of a world reserve currency issuer would end in an Argentina-style bankruptcy. However, the manifestation of unsustainability did not even appear as drastic in Argentina itself. Hey, Argentina continues to exist, doesn’t it?

Excessive public debt is unsustainable when it becomes a burden on productive growth and leads the economy to constantly rising taxes, weaker productivity growth, and weaker real wage growth. However, the level of unsustainable accumulation of debt may continue to rise because the state itself imposes public debt on banks’ balance sheets and the state forces the financial sector to take all its debt as the “lowest risk asset.” However, law and regulation have merely imposed and forced this construct. Rising debt bloats the government’s size in the economy and erodes its growth and productivity potential.

Many diabetic and obese people continue to eat too much unhealthy food, thinking nothing has happened so far. That does not mean their eating habits are sustainable.

Those who ignore the accumulation of public debt tend to do so under the idea that nothing has happened yet. This is a reckless way of looking at the economy, a sort of “we have not killed ourselves yet; let us accelerate” mentality.

An ever-weaker private sector, weak real wages, declining productivity growth, and the currency’s diminishing purchasing power all indicate the unsustainability of debt levels. It becomes increasingly difficult for families and small businesses to make ends meet and pay for essential goods and services, while those who already have access to debt and the public sector smile in contentment. Why? Because the accumulation of public debt is printing money artificially.

When money is created in the private sector through the financial system, there is a process of wealth creation and productive money creation. The financial system creates money for projects that yield a genuine economic return. Some fail, others soar. That is the process of productive economic growth and progress. Only when the central bank manipulates interest rates, disguises the cost of risk, and increases the money supply to monetize unproductive deficit spending can it distort this process.

Private banks in an open economy create money to accelerate progress and free-floating interest rates limit the accumulation of unproductive and dangerous risk. When the central bank wants to disguise the worsening solvency of fiscally imprudent governments, it does so by tampering with interest rates—making fiscally irresponsible governments’ borrowing cheaper—and artificially increasing the amount of currency in the system, monetizing public debt—a destructive process of money creation as opposed to the saving-investment function of banking.

When the fiscal position is unsustainable, the only way for the state to force the acceptance of its debt—newly created currency—is through coercion and repression.

A state’s debt is only an asset when the private sector values its solvency and uses it as a reserve. When the state imposes its insolvency on the economy, its bankruptcy manifests in the destruction of the purchasing power of the currency through inflation and the weakening of real wage purchasing capacity.

The state basically conducts a process of slow default on the economy through rising taxes and weakening the purchasing power of the currency, which leads to weaker growth and erosion of the middle class, the captive hostages of the currency issuer.

Of course, as the currency issuer, the state never acknowledges its imbalances and always blames inflation and weak growth on the private sector, exporters, other nations, and markets. Independent institutions must impose fiscal prudence to prevent a state from destroying the real economy. The state, through the monopoly of currency issuance and the imposition of law and regulation, will always pass on its imbalances to consumers and businesses, thinking it is for their own good.

The government deficit is not creating savings for the private economy. Savings in the real economy accept public debt as an asset when they perceive the currency issuer’s solvency to be reliable. When the government imposes it and disregards the functioning of the productive economy, positioning itself as the source of wealth, it undermines the very foundation it purports to protect: the standard of living for the average citizen.

Governments do not create reserves; their debt becomes a reserve only when the productive private sector economy within their political boundaries thrives and the public finances remain under control. The state does show its insolvency, like any issuer, in the price of the I.O.U. it distributes, i.e., in the purchasing power of the currency. Public debt is artificial currency creation because the state does not create anything; it only administers the money it collects from the same productive private sector it is choking via taxes and inflation.

The United States debt started to become unsustainable when the Federal Reserve stopped defending the currency and paying attention to monetary aggregates to implement policies designed to disguise the rising cost of indebtedness from unbridled deficit spending.

Artificial currency creation is never neutral. It disproportionately benefits the first recipient of new currency, the government, and massively hurts the last recipients, real wages and deposit savings. It is a massive transfer of wealth from the productive economy and savers to the bureaucratic administration.

More units of public debt mean weaker productive growth, higher taxes, and more inflation in the future. All three are manifestations of a slow burn default.

So, if the state can impose its fiscal imbalances on us, how do we know if the debt it issues is unsustainable? First, because of the units of GDP created, adding new units of public debt diminishes rapidly. Second, the erosion of the currency’s purchasing power persists and accelerates. Third, because productive investment and capital expenditure decline, employment may remain acceptable in the headlines, but real wages, productivity, and the ability of workers to make ends meet deteriorate rapidly.

Today’s narrative tries to tell us that nothing has happened when a lot has. The destruction of the middle class and the deterioration of the small and medium enterprise fabric in favor of a rising bureaucratic administration that consumes higher taxes but still generates more debt and deficits It does end badly. And all empires end the same way, with the assumption that nothing will happen. The currency’s acceptance as a reserve does come to an end. The persistent erosion of purchasing power and declining confidence in the legally imposed “lowest risk asset” are some of the red flags some are willing to ignore, maybe because they live off other people’s taxes or because they benefit from the destruction of the currency through asset inflation. Either way, it is profoundly anti-social and destructive, even if it is a slow detonation.

The fact that there are informed and intelligent investors who willingly ignore the red flags of weakening the middle class, declining purchasing power of the currency and deteriorating solvency and productivity shows why it is so dangerous to allow governments to maintain fiscal imprudence. The reason why government money creation is so dangerous is because the government is always happy to increase its power over citizens and blame them for the problems its policies create, presenting itself as the solution.

Can debt continue to rise? Of course. The gradual process of impoverishment and serfdom is relatively comfortable when the state can impose the use of the currency and force its debt into your pension by law and regulation.

To think that it will last forever, and nothing will happen is not just reckless “accelerate, we have not crashed yet” mentality. It is ignoring the reality of money. Independent money, gold, and similar, solve this.

Sourced from ZeroHedge

Activist Post

https://www.activistpost.com/2024/04/why-us-public-debt-is-unsustainable-and-is-destroying-the-middle-class.html.




BECAUSE WE LIKE THE TRUTH

You can find us on Twitter

If Only Justin Trudeau was THIS Strong !









BECAUSE WE LIKE THE TRUTH

You can find us on Twitter

April 07, 2024

ΠΑΤΗΡ ΣΑΒΒΑΣ ΑΧΙΛΛΕΩΣ - ΚΟΥΤΣΟΜΠΟΛΙΟ!!! ΑΝ ΤΟ ΣΤΑΜΑΤΗΣΕΙΣ ΘΑ ΓΛΙΤΩΣΕΙΣ ΑΠΟ ΠΟΛΛΑ

Σπάνια ομιλία του Πατήρ Σάββα Αχιλλέως.






ΓΙΑΤΙ ΜΑΣ ΑΡΕΣΕΙ Η ΑΛΗΘΕΙΑ

Μπορείτε να μας βρείτε στο Twitter

POPULAR POSTS OF ALL TIME

Blog Archive

Το εύδαιμον το ελεύθερον, το δ’ ελεύθερον το εύψυχον. – Ευτυχισμένοι είναι οι ελεύθεροι και ελεύθεροι είναι οι γενναίοι. // // Happy are the free and free are the brave.