[DS] Creates A Omnibus Bill Firewall For Protection, Road To 47 Will Counter The [DS] – Ep. 3526
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Watch The X22 Report On Video
<figure id="attachment_24320" aria-describedby="caption-attachment-24320" style="width: 300px" class="wp-caption alignleft"><figcaption id="caption-attachment-24320" class="wp-caption-text">Click On Picture To See Larger Picture</figcaption></figure>The [DS][CB] are trying to coverup their crimes and push more money laundering. The people see it and are rejecting it. Congress with a very low approval rating decided to give themselves a massive raise while people are struggling in the economy they created that is imploding. Trump is going to use the leverage against the [CB]. The [DS] is trying to protect their criminal syndicate and cover up their crimes. They buried many riders within this massive bill. The people see what they are doing and this is the opposite of what the people wanted. The [DS] firewall will not work. Trump has prepared the Road to 47 playbook to counter the [DS]. This newsletter will bypass the fake news and the corrupt politicians. The clock is ticking down.
Economy
https://twitter.com/MarioNawfal/status/1869468690808438890
- public subsidies, yet Congress is giving them a prime site for billionaire owners to cash in—without asking taxpayers. Lawmakers are calling it “economic development,” but let’s be honest: it’s a taxpayer-funded playground for NFL elites, lobbyists, and VIPs, while schools, healthcare, and infrastructure are left on the bench. Stuffed into a must-pass bill, there’s little time for oversight—or for taxpayers to question why their money is being leveraged for luxury suites and skyboxes.
https://twitter.com/elonmusk/status/1869414233483698402
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https://twitter.com/KobeissiLetter/status/1869126254336541155
- inflation periods ended, the index traded flat on average. The only exceptions where the market rallied were a soft landing in the late 1990s and late 1960s. By comparison, the average gain for all other months has been 0.65%. Inflation is taking the spotlight again.
Biden Lied About Everything: Philly Fed Finds All Jobs “Created” In Q2 Were Fake
- Biden Bureau of Labor Statistics would revise jobs for the April 2023-March 2024 period by “up to 1 million”, something which we said would mean that all job report “beats” recorded in the past year will have been misses and the US labor market is in far worse shape than the admin would admit.
- The final results, as everyone knows by now, was a shocking 818K revision lower, just as the Philadelphia Fed had
- the Biden admin lie again, but the collapse in the labor market that had been covered up for much of the past year and was only exposed with the annual benchmark revision, extended into the second quarter.
- “Estimates by the Federal Reserve Bank of Philadelphia indicate that the employment changes from March through June 2024 were significantly different” – read lower – “in 27 states compared with preliminary state estimates from the Bureau of Labor Statistics’ (BLS) Current Employment Statistics (CES)”, the Philly Fed said on December 12.
- “According to the early benchmark (EB) estimates conducted by the Phily Fed, employment was lower in 25 states, higher in two states, and lesser changes in the remaining 23 states and the District of Columbia.”
- Translation: 23 states unchanged, 1 revised higher… and 25 lower.
- By state, the regional Fed bank estimates that largest revision of employment for the nine-month period ended in June will come from California, where it sees a downward revision of 172,700 jobs. Payrolls in Texas may be revised down by 112,100. An extended forecast by the BLS to the third quarter show further declines as well.
Translation: in his latest attempt to create an impression of economic growth, Biden lied about everything, again.
Source: zerohedge.com
https://twitter.com/Mark_R_Mitchell/status/1869044574964051979
https://twitter.com/disclosetv/status/1869460537257705662
https://twitter.com/KobeissiLetter/status/1869469327940112458
- The bigger question at hand is what hints the Fed drops about the path ahead and whether that will ratchet up tension between the Fed chief and President-elect Donald Trump.
- After slicing a full percentage point off borrowing costs since mid-September, Powell & Co. are expected to throttle back on rate cuts. The Fed is likely to at least take a pause at its January meeting, then see where inflation and the labor market stand in March.
- Trump complained loudly and frequently about the gap in his first term — and now it’s set to widen again
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- the Federal Open Market Committee, whose members have a range of opinions on how far and fast they ought to cut and with the Trump White House.
- Trump — who takes office a little more than a week before the January Fed meeting — is known for two things when it comes to the central bank: He likes low rates and complains when he thinks they aren’t low enough.
- During his first term, his hectoring of Powell peaked when the gap between the Fed’s benchmark and its counterpart at the European Central Bank was widest.
- If he follows that form, he’s likely to get cranky soon. As the Fed is expected to pause, the ECB is seen continuing to cut. That is already <a class="media-ui-Link_link-tVkXhPLPofs-" title="Rate Gap That Triggered Trump’s Fed Bashing Set to