RUTHFULLY YOURS

https://www.realclearmarkets.com/articles/2020/12/11/why_we_must_restore_america

Americans take it for granted that they can continue to enjoy one of the highest standards of living in the world. And with the Dow at 30,000, why worry?

When asked to list major economic problems, Americans are most likely to cite income inequality at the top of the list. That issue dominated this year’s debates among Democrat Party presidential hopefuls. The perceived problem is unfairness in sharing the national wealth. It is assumed that somehow the hidden machine that produces national wealth will continue to function on its own. The golden goose will keep laying eggs; thus, we need to spread more around for everyone.

The reality that the incoming Biden administration will confront is that our trajectory is not sustainable. Today’s concerns about redistributing wealth will give way to worries about how to create wealth in the first place.

The most telling piece of data published over the last 12 months appeared last week, without attracting any comment: for the first time on record, the U.S. dollar no longer was the dominant currency in international payments, according to the Society for Worldwide Interbank Financial Telecommunication (SWIFT). More transactions were conducted in euros. Eventually, China’s RMB will challenge the dollar as well.

This matters because the dollar’s status as the main global-reserve currency gives the U.S. trillions of dollars of cheap loans from the rest of the world. Central banks held $7 trillion in dollar reserves as of June 30, 2020, mostly invested in U.S. Treasury securities, and private companies hold many trillions more to pay for trade in goods and services.

https://www.businessinsider.com/barr-knew-hunter-biden-tax-probes-months-before

Attorney General William Barr knew about two criminal investigations into Hunter Biden’s financial dealings for months before the US general election but kept them from the public, The Wall Street Journal reported Thursday.
The news is a remarkable twist in Barr’s tenure as President Donald Trump’s attorney general, during which he repeatedly took steps to benefit the president and feed into his conspiracy theories.
According to The Journal, Barr knew about the Biden tax investigations since at least the spring but tried to keep them under wraps in accordance with Justice Department rules meant to keep prosecutors from taking overt investigative steps that could affect the outcome of an election.
The Journal’s report is likely to infuriate Trump, who has been frustrated with Barr in recent months and came close to firing him on several occasions before aides talked the president out of it.

Attorney General William Barr knew for months about two investigations into Hunter Biden’s financial activity but worked to shield them from the public, The Wall Street Journal reported late Thursday.

The news is a remarkable twist in Barr’s tenure as President Donald Trump’s attorney general, during which time he repeatedly took steps to aid the president and feed into his talking points about the Russia investigation, the Obama administration, and the 2020 election.

https://www.americanthinker.com/articles/2020/12/pen_america_mocks_1st_amendm

On Saturday, I received an email from Stephen Fee, the Communications Director for PEN America, alerting me to a virtual gala celebration on December 8 to honor Barack Obama with its 2020 Voice of Influence Award.

Among other topics, Obama will share with the PEN audience how “disinformation — and media outlets willing to spread it — are an immediate threat to democracy.” PEN’s mission, so they tell us, is “to protect free expression in the United States and worldwide.”

Is this a hoax? Obama deserved the Nobel Peace Prize more than he deserves this award. A report released by the Committee to Protect Journalists (CPJ) in October 2013 showed that only in Bizarro World would Obama merit such an honor.

In the way of background, a group of foreign journalists founded the CPJ in 1981 to protect their colleagues around the world from harassment by authoritarian governments. The CPJ is not exactly part of the much-bruited “right-wing noise machine.” Au contraire!

Over the years the CPJ board of directors has included any number of liberal luminaries, among them Christiane Amanpour, Gwen Ifill, Tom Brokaw, Dan Rather, Clarence Page, and even serious leftists like Victor Navasky, longtime editor of the Nation. The principal author of the report was Leonard Downie, Jr., former executive editor of the Washington Post. In the opening paragraph of the report, Downie sliced right to the heart of the issue:

In the Obama administration’s Washington, government officials are increasingly afraid to talk to the press. Those suspected of discussing with reporters anything that the government has classified as secret are subject to investigation, including lie-detector tests and scrutiny of their telephone and e-mail records. An “Insider Threat Program” being implemented in every government department requires all federal employees to help prevent unauthorized disclosures of information by monitoring the behavior of their colleagues.

https://www.frontpagemag.com/fpm/2020/12/will-america-become-chinas-vassal-gary-gindler/

On election day, Fox News betrayed President Trump, and this has puzzled many patriots. The confusion vanishes if one assumes that this episode could be just a small part of the process of China’s colonization of America. China has already colonized some countries in the Pacific region, South America, and Africa for all practical purposes. Add to this list the de facto colonization of northern Italy and a large part of Russia in Eastern Siberia. Also, communist China greedily devours real estate and businesses in the United States.

Therefore, the 2020 presidential election should be seen as an integral part of this process.

From this perspective, Trump and Biden symbolize two diametrically opposed approaches to America’s future. If Biden made it clear that he was ready to swear allegiance to the new master, Trump is fighting for America’s economic and political independence. Biden is helped not only by the so-called “Democrats” and numerous anti-Trump Republicans but also by the world socialist movement.

The current leading force of palace intrigues in China is Xi Jinping’s group of supporters of Soviet methods: “Xi Jinping belongs to the faction long forgotten in China, which at one time was aligned with the Soviet Union and Joseph Stalin.” When this group came to power, a wave of repressions swept across China, like two drops of water similar to Stalin’s repressions of the 30s and 40s. China’s economic policy is generally reminiscent of the Soviet one. For example, foreign companies’ penetration into Chinese markets is only possible if joint ventures with China are established, and all the know-how is transferred to the Chinese side.

Donald Trump, of course, is fighting for the presidency. Nevertheless, for Trump, the presidency is only part of a more significant challenge. Trump seeks not only to win these elections but to destroy once and for all the leftist movements in general. Obviously, it includes China and the so-called “Democrats.” That is a much more important goal, and it looks like Trump would prevail. What if Trump loses? In this case, all his actions will be aimed at ensuring that by the next electoral cycle – in 2022 – no one in his or her right mind would even think to vote for (D)ecadence.