RUTHFULLY YOURS

https://www.frontpagemag.com/biden-housing-scheme-could-ignite-another-2008-mortgage-crisis/

Politicians in Washington have very short memories, so they repeat the same mistakes over and over.

It was only 17 years ago that the “subprime” mortgage crisis torpedoed the economy and sent the financial markets into the biggest tailspin since the Great Depression. Millions of Americans lost their jobs. One of the matches that lit that bonfire was Freddie Mac and its cousin, Fannie Mae, offering generous, taxpayer-guaranteed mortgage insurance to risky borrowers on loans with low down payments.

It all blew up in the faces of the taxpayers even though the Washington experts said the chances of these mortgages going bust and taxpayers taking a loss was less than one in a thousand.

The biggest taxpayer bailouts went not to the Wall Street banks and investment companies but to Fannie and Freddie.

Here we go again. The latest scheme by the Biden administration is to encourage families to borrow more money by using the equity in their home as collateral. Home equity loans are often very risky. If prices fall, home equity can become negative. There is nearly $18 trillion in home equity, and it’s one of the largest sources of savings and ownership for American families.

Now the Biden administration wants to encourage Americans to borrow even more at a time when credit card and auto debts are at an all-time high. If homes fall in value, families could slip underwater and default — just like during the subprime crisis.

As The Wall Street Journal points out, the other “likely losers” from this scam “would be taxpayers.” The evidence is indisputable from 2008 that the mortgages that ended in default were low-down-payment and low-equity loans.

Why in the world would President Joe Biden want to go down this dangerous road again?

https://issuesinsights.com/2024/06/13/when-will-the-ministry-of-truth-shut-down-the-lyin-biden-ads/

President Joe Biden’s reelection ad campaign contains a boatload of misinformation and disinformation. Will the censors shut it down? Will the media alert their readers and viewers to the falsehoods? We all know the answers to those questions.

The political left is obsessed with shutting down any speech that doesn’t agree with its narrative. And it has successes to show for it. The Twitter files are the preeminent example. There exists a censorship-industrial complex, “a state-sponsored system targeting ‘disinformation,’” says journalist Matt Taibbi, who had access to the Twitter files, that strike “at the essence of the right to free speech.”

Hardly two years ago, and just a little more than a year into one of the worst administrations in U.S. history, the Biden White House created a Disinformation Governance Board. Its mission was to do the “critical work across several administrations” of addressing “disinformation that threatens the security of our country,” which meant punishing speech the Democrats don’t want the public to hear.

It didn’t last long. In less than four months it was dissolved. Turns out that people didn’t trust it. Many instinctively knew that it’s real mission was to censor political opponents and the free expression of private citizens who don’t hold the “correct” opinions and beliefs.

It would have also been good cover for the Democrats’ incessant lying, recently manifesting itself in the Biden campaign ads. Following is some of the inflammatory, and intentionally misleading, content from those ads, followed by the facts.

https://www.frontpagemag.com/the-myth-that-biden-had-nothing-to-do-with-the-prosecutions-of-trump/

The five criminal and civil prosecutions of former President Donald Trump all prompt heated denials from Democrats that President Joe Biden and Democrat operatives had a role in any of them.

But Biden has long let it be known that he was frustrated with his own Department of Justice’s federal prosecutors for their tardiness in indicting Trump.

Biden was upset because any delay might mean that his rival Trump would not be in federal court during the 2024 election cycle. And that would mean he could not be tagged as a “convicted felon” by the November election while being kept off the campaign trail.

Politico has long prided itself on its supposed insider knowledge of the workings of the Biden administration. Note that it was reported earlier this February that a frustrated Joe Biden “has grumbled to aides and advisers that had (Attorney General Merrick) Garland moved sooner in his investigation into former President Donald Trump’s election interference, a trial may already be underway or even have concluded…”

If there was any doubt about the Biden administration’s effort to force Trump into court before November, Politico further dispelled it — even as it blamed Trump for Biden’s anger at Garland: “That trial still could take place before the election and much of the delay is owed not to Garland but to deliberate resistance put up by the former president and his team.”

Note in passing how a presidential candidate’s legal right to oppose a politicized indictment months before an election by his opponent’s federal attorneys is smeared by Politico as “deliberate resistance.”

https://tomklingenstein.com/americans-must-criticize-our-corrupt-courts/

In the wake of his conviction in a New York court, President Trump has complained that the process was rigged against him, that the whole proceeding was a corrupt effort to persecute him with a view to influencing the 2024 presidential election. In response, many of his opponents have criticized him for undermining public confidence in our system of criminal justice and thus harming our democracy—a criticism that has been magnified by many in the media.

These critics, however, are missing the point and undermining a principle that is in fact essential to preserving our republic: namely, that criticism of the justice system when it errs or overreaches is necessary to preserving freedom under the rule of law.

Those who founded our nation were aware of this necessity.

Alexander Hamilton, representing the defendant in the famous libel case People v. Croswell, warned that “the most dangerous, the most sure, the most fatal of tyrannies” operated “by selecting and sacrificing single individuals, under the mask and forms of law, by dependent and partial tribunals.”

“Against such measures,” Hamilton continued, “we ought to keep a vigilant eye and take a manly stand. Whenever they arise, we ought to resist, and resist till we have hurled the demagogues and tyrants from their imagined thrones.” No sensible American would look back on these remarks and think that, by them, Hamilton was undermining democracy.

Hamilton’s great rival, Thomas Jefferson, acted on a similar view. As president, Jefferson pardoned publishers who had been convicted under the Sedition Act of 1798. Jefferson’s course of action here was inseparable from his belief that the Act was unconstitutional and that the courts of the United States had made themselves party to serious injustices by convicting defendants under it. Indeed, the pardoning power is included in the United States Constitution, and in many state constitutions, and is used routinely, precisely because prosecutors and courts can make mistakes and sometimes even willfully abuse their power over the lives and liberties of citizens.

https://issuesinsights.com/2024/06/12/the-shady-stagnant-wealth-that-supports-hamas/

The tycoons funding the ferocious – and mostly artificially engineered – student demonstrations in support of the genocidal, Iranian-financed terrorist organization Hamas, and its goal of destroying the state of Israel, did not attain their money through any entrepreneurial excellence and innovation on their parts.

They are, rather, in one way or another, trust fund heirs – Leftist Lord Fauntleroys, if you will – or wheeler dealers of the commodities markets, cannibalizing on the misfortune of others around the globe rather than producing new products or services; or shifty hotel magnates with a lack of vision as stationary as their properties.

David Rockefeller Jr.’s Rockefeller Brothers Fund has bestowed nearly a half million dollars during the past five years to one of the organizers of the unlawful student demos at Columbia University and other campuses, the anti-Zionist Orwellian-named “Jewish Voice for Peace,” as well as providing grants to notorious left-wing donor George Soros’ Tides Foundation. Soros’ operations themselves help fund both Jewish Voice for Peace and IfNotNow, another organizer of the demonstrations.

The entrepreneurial genius of John D. Rockefeller — whose Standard Oil, originating with Rockefeller’s $4,000 investment, enabled America to grow to economic global superpower status — is long gone. He died 87 years ago, a quarter century after Standard was judged to have become a monopoly and forcibly broken into dozens of companies. Since then his descendants have used his wealth and name in great measure to fuel their political ambitions and impose their imprint on American culture under the guise of philanthropy.

In 1934, Rockefeller established trusts for his children consisting of oil stock and real estate; they would themselves establish trusts, which divide into new trusts for succeeding generations upon their deaths. Money managers keep the wealth from dissipating and the principal is kept out of the hands of the beneficiary descendants, who live off the interest. The sale of much of Rockefeller Center’s Midtown Manhattan buildings to Japanese interests in the latter half of the 1980s as property values boomed unlocked billions in cash for the family.

https://issuesinsights.com/2024/06/11/the-unvarnished-truth-about-that-blockbuster-jobs-report/

Editor’s note: This has been revised and updated from an editorial that ran over the weekend.

President Joe Biden might think that last week’s jobs report shows that “the great American comeback continues.” Democrats might believe that “the numbers don’t lie – things are great,’ Rep. Maxwell Alejandro Frost put it. And leftist media mavens have no doubt convinced themselves that “the American job market is so good, Republicans have literally found themselves speechless — again.”

So why aren’t Americans themselves celebrating? Why is Biden’s claim that he created 15.6 million jobs — “more than any president in U.S. history” — that the unemployment rate is at historic lows, and that wages are rising, all falling on deaf ears? It’s a head-scratcher, right?

Well, not if you dig just a tiny bit deeper into the employment data, then you realize that all the hoopla about jobs under Biden is entirely statistical fiction, one happily repeated by Biden’s media vanguard.

Let’s break it down:

15.6 Million New Jobs? Not Even Close

Take Biden’s claim that 15.6 million more people have jobs. This is wildly misleading because the measure he’s using doesn’t count the number of people with jobs, it counts how many paying jobs there are.

https://www.city-journal.org/article/the-foundation-of-american-folly

It’s November 2023, and, following the October 7 attacks by Hamas terrorists that killed some 1,400 Israelis and at least 31 Americans, thousands of demonstrators march through New York City, calling for the destruction of the Jewish state. Chants of “from the river to the sea, Palestine will be free” echo through the streets, along with “there is only one solution: intifada revolution.” Among the crowd is the infamous Palestinian American activist Linda Sarsour, who warns through a megaphone that a cabal of wily Jews has conspired to place “their little posters” (of kidnapped Israeli civilians) across the city, seeking to entice people to rip them down. While many onlookers might look like “ordinary people,” she says, the Jews have “their little people all around the city,” surveilling others. Sarsour is there to deliver such rhetoric in part because she’s been paid to be there: her nonprofit, MPower Change, has received $300,000 in grant funding from the Ford Foundation “to build grassroots Muslim power.”

It’s May 2023, and protesters have stormed the Capitol building in Washington, D.C., to demand that lawmakers not accept spending cuts during negotiations to lift the debt ceiling. Many are so disruptive that the police arrest them and drag them out. These are activists of the Center for Popular Democracy, an extreme left-wing organization that has collected $35.2 million from the Ford Foundation since 2012. Four months later, they will be imitated by 150 youth activists from the “climate revolution” group the Sunrise Movement, 18 of whom will be arrested after occupying the Speaker of the House’s office. The Sunrise Movement also receives Ford Foundation money—$650,000 for “training and organizing.”

It’s April 2023, and, a world away, the China Development Research Foundation (CDRF), a think tank set up and directed by the Chinese state, is hosting a conference in Beijing to discuss how to “promote the formation of an internationally accepted ESG system with Chinese characteristics,” including through China’s globe-spanning influence and infrastructure plan, the Belt and Road Initiative. But this effort by America’s top geopolitical adversary isn’t too far afield for the Ford Foundation to fund; it has given CDRF $600,000 to help realize its ambitions.

These examples from just the last year—collected via a semi-random tour of the Ford Foundation’s vast Grants Database—represent a tiny fraction of the nearly $1 billion that the foundation gives away yearly, on average. Almost a century old and sitting on a mountainous $16.4 billion endowment in 2022, the foundation is a “philanthropic” giant—one of the five largest in the U.S. If it were a for-profit firm, its market capitalization would rank it among the Fortune 500. Instead, “guided by a vision of social justice,” as its mission statement puts it, the Ford Foundation’s enormous flood of untaxed money flows annually to an immense ecosystem of overwhelmingly left-wing—and often outright revolutionary—causes.

https://www.americanthinker.com/articles/2024/06/rejecting_the_status_quo_is_the_only_way_to_survive.html

Can men give birth?  Do cow farts cause tornadoes?  Must “disinformation” tsars censor words to protect free speech?  Should Democrats jail opponents in order to save “democracy”?  If you listen to the propaganda press, these are some of the most important queries of our time.  It feels as if we’ve fallen down Lewis Carroll’s rabbit hole or entered the absurdist plot of a Tom Robbins or Kurt Vonnegut novel.  How can we make sense of our increasingly senseless world?

America’s dean of word wizardry, Mark Twain, once quipped, “Truth is stranger than fiction, but it is because Fiction is obliged to stick to possibilities; Truth isn’t.”  Boy, was he right!  For years we’ve been bouncing around in a pinball universe designed by Orwell, Huxley, and Bradbury.  When the government isn’t policing our language or arresting little old grandmothers for engaging in wrongthink, it’s busy helping Mexican drug-smugglers hook Americans on Chinese fentanyl and encouraging young boys to chop off their willies.  The Gestapo FBI spends most of its time hunting patriots as “domestic terrorists” and orchestrating elaborate entrapment schemes to justify bloated budgets.  The Josef Mengeles at the CDC work to create new diseases that will require experimental “cures.”  The Department of (in)Justice can’t stop locking up Americans for their political beliefs while lecturing the country about the importance of thwarting tyranny.  So much insanity now grips the United States that the great dystopian novels of the last century appear downright tame by comparison! 

The easiest way to navigate this Kafkaesque environment is to follow a simple rule: whatever the government says, believe the opposite.  Obama promised that socialized medicine would lower health care costs without benefiting illegal aliens; a decade and a half later, the only people who can afford Obamacare are the illegal aliens who get it for free!  Homeland (in)Security doofus Mayorkas still claims the U.S. border is secure, even as foreign terrorists and Chinese nationals flash middle fingers at television cameras documenting America’s invasion.  Joe Biden, Nancy Pelosi, and Chuck Schumer passed an “Inflation Reduction Act” that has done nothing but exacerbate inflation.  Obama doesn’t care; the border has disappeared; and rampant inflation is the goal!  When everything our political leaders say is a lie and every policy betrays its purpose, Americans live in a Bizarro World where words mean nothing.  

https://amgreatness.com/2024/06/10/the-left-knows-leftism-doesnt-work/

Do not expect the radical left to survey the wreckage of socialism and communism in history and accept that statism impoverishes people and erodes their freedoms. There will never be admissions by our elite that progressivism exists mainly for the acquisition of power by the utopian and virtue-signaling few, who ensure that they are never subject to the baleful implementation of their ideological agendas on the rest of us.

Still, leftists look around at what they have done to America in the last four years and implicitly know that the plan did not work, the people detested it, or both.

How do we know this? By a variety of barometers.

None of the major Biden “achievements”—10 million illegal aliens across a nonexistent border, key components of the cost of living 25-30 percent higher than in 2020, wars and chaos abroad, DEI racial and tribal obsessions, wars on fossil fuels—poll at even 40-45 percent. Biden’s own approval ratings, as the nominal architect of the most left-wing agenda since the Roosevelt administration, hover between 36 and 34 percent.

But most importantly, the left is not running on its record of the last three-and-a-half years but instead studiously ignoring it, at least temporarily through November. Suddenly, we aren’t hearing so much about cancelling pipelines and freezing federal oil leases, or so much demonization of the “greedy” oil companies. Instead, Biden is further draining the strategic petroleum reserve and begging OPEC in general and the no-longer-demonized Saudi Arabia in particular to pump oil as fast as possible.

We were lied to for nearly four years that the border was “secure,” as 10 million foreign nationals flooded across. Then we were told Biden was helpless to stop the deluge since he had no legal right to enforce federal immigration law through executive orders—a ridiculous excuse that even he would soon drop. Despite their eagerness for new constituencies, no one on the left dares to openly praise the influx of the last four years, much less demand more illegal immigration.