The Fed Enabling Biden and Congress’ Destructive Agenda

08-03-21 09:24:00,

 BlogviewRon Paul Archive

The Fed Enabling Biden and Congress’ Destructive Agenda


Bookmark Toggle AllToCAdd to LibraryRemove from Library • B

Search Text Case Sensitive  Exact Words  Include Comments

    According to the Congressional Budget Office (CBO), 2021 will be the second year in a row in which the federal debt exceeds Gross Domestic Product (GDP). CBO also projected that this year’s federal deficit will be 2.3 trillion dollars, which is 900 billion dollars less than last year. However, CBO’s projections do not include the 1.9 trillion dollars “stimulus” bill Congress is likely to pass.

    The CBO’s report was largely ignored by Congress and the media. One reason the report did not get the attention it deserves is Federal Reserve Chairman Jerome Powell’s continued commitment to making sure Fed policies enable Congress to spend as much as Congress deems necessary to address the economic fallout from the coronavirus panic.

    As financial analyst Peter Schiff points out, the Fed’s commitment to ensuring the government can run up massive debt means the Fed will not allow interest rates to increase to anywhere near what they would be in a free market. This is because increasing interest rates would cause the federal government’s debt payments to rise to unsustainable levels. Yet, the Fed cannot admit it is going to keep rates near, or even below, zero indefinitely without unsettling the markets. So, the Fed continues to promise interest rate hikes in the future and the markets pretend to believe the Fed. When (or if) the lockdowns end, the Fed will find a new crisis justifying “temporarily” keeping interest rates low.

    The Federal Reserve has not just endorsed massive federal spending, Fed Chairman Powell has also endorsed masks, vaccines, and social distancing to defeat the coronavirus and restore the economy. It is disappointing, but not surprising, to see the Fed go full Fauci.

    The overreaction to coronavirus is a cause of the explosion in federal spending and debt we have witnessed over the last year. However, federal spending already greatly increased from January 2017 until the lockdowns.

     » Lees verder

    Is Technology Enabling Human CULLING? The Rise of Genetic Editing Suggests It Is

    13-11-19 05:09:00,

    By Jenny Jane

    Human genetic editing has become a reality. This terrifying advance in technology comes with high risks to not only those children who are genetically modified (without their permission I might add,) but to the whole human race. The repercussions of such meddling are far-reaching and potentially devastating.

    What was once science fiction has now become a confirmed scientific possibility not only within reach, but being practiced illegally in China.

    Scientists have discovered how to genetically edit embryos.

    Frontiers in Genetics reports in the Journal article Parental Selective Reproduction: Genome-Editing and Maternal Behavior as a Potential Concern by Andrea Lavazza that a Chinese geneticist implanted two modified embryos into two women. Two women were impregnated with genetically modified children.

    At the end of November 2018, Chinese geneticist He Jiankui declared he implanted embryos, that had been genetically modified with the CRISPR-Cas9 technique (Ran et al., 2013; Doudna and Charpentier, 2014), into two women…In January 2019, He was suspended from his university—Southern University of Science and Technology of China, in Shenzhen—and placed under house arrest by the Chinese authorities. (source)

    The Chinese geneticist He Jiankui implanted the genetically modified embryos into two women after modifying the embryos in an attempt to make them more resistant to HIV. However, most research says that his experiment is unlikely to be successful. He is unlikely to have prevented HIV in the children and there are a whole host of side effects that come with his meddling, including the weakening of the immune system and risk to vital organs.

    Lavazza continues:

    The procedure [CRISPR-Cas9 technique] has been the object of much criticism from the strictly medical-scientific point of view: among other things, it has been defined as “misguided, premature, unnecessary and largely useless” (Cyranoski, 2018). On the one hand, guaranteeing only partial genetic protection against HIV, which could also be obtained with other medical methods, the procedure, which has not yet been sufficiently tested, does not seem to compensate for the high risks it entails. (source)

    The proponents of human genetic editing cite the possibilities of curing or preventing diseases as reasons to start (or in some cases continue) using the technique.

     » Lees verder