EV market is in imploding, when the Gov forces a product on the people that do not want it, it fails, another EV manufacturer goes bankrupt. Biden is going to use the SPR to lower rates, which in turn will slow inflation, not reverse it. This will be used to make the argument of a rate cut before the election. The [DS]/D's have lost their base and they are losing more of it each and everyday. Soon as we approach war and the economy crashes they will lose the rest. The D's are going to try to stop this, they have a secret plan to take out Biden and replace him with another. The D's know they cannot win with Biden, they will use the illegals and their cheating systems, this will not work, the elections are safeguarded but not the way everyone thinks.
Fisker filed for Chapter 11 bankruptcy on Tuesday after trying and failing to secure more investment to stay afloat, the company announced. The company once attracted robust interest and hype, marketing itself as the Apple of vehicles, but it struggled to run as a public company and was stuck with thousands of EVs that it did not sell, according to The Wall Street Journal.
Fisker raised about $1 billion from various investors, but it ran through most of its cash before defaulting on a debt payment to one of its leading investors, according to the WSJ. The company saw key executives head for the exits as it struggled to roll out its first model, the Ocean SUV, which was plagued by complaints about quality, including problems with the brakes.
A significant number of Pizza Hut restaurants face closure due to an ongoing financial dispute with one of its major franchisees.
As reported by Daily Mail, a total of 150 restaurants are set to close, with an additional 129 across Illinois, Georgia, South Carolina, and Wisconsin on the brink of shutting down as part of the dispute.
The closure wave began unexpectedly in Northwest Indiana, where several Pizza Hut outlets ceased operations. Signs on the doors read “location closed” or “We apologize for any inconvenience. We are temporarily closed,” NWI.com first reported.
The root of the issue lies in the contractual disagreements and financial strain between Pizza Hut and Texas-based EYM Group, which operates multiple restaurant brands nationwide.
According to court records, the franchisee defaulted on its payments to Pizza Hut, failing to pay 3 million owed in late 2022 and 2.6 million owed in 2023. EYM Group has been seeking to sell its Pizza Hut restaurants, citing inflation, labor costs, a lack of innovation, and other factors as contributing to its financial struggles.
US retail sales came in below expectations for a second straight month in May as gas station revenues fell sharply, the government said Tuesday, while the data for April was revised lower.
The report suggests consumers are spending less than expected,a good sign for the Federal Reserve as it continues its fight to bring elevated inflation down to its long-term target of two percent by keeping interest rates higher.
Source: breitbart.com
If you actually read the post you're quote posting, you'd see that BIDEN's plan is to cut benefits by 21% in 2033 🙄 https://t.co/r5KJz5z5qh
President Joe Biden is prepared to release more oil from the country’s strategic reserves if gas prices increase during the summer. This is the latest plan by the Biden administration to counter higher prices at the pumps and the more expensive prices on various goods due to inflation.
A Biden administration energy adviser suggested gas prices are “still too high” for many in the country and said he favors taking action to “cut them down a little bit further.”
“We will do everything we can to make sure that the market is supplied well enough to ensure as low [a] price as possible for American consumers,” Special Presidential Coordinator for Global Infrastructure and Energy Security AmosHochstein told the Financial Times. “I think that we have enough in the SPR if it’s necessary.”
Earlier this year Biden Regime canceled its plan to refill the Strategic Petroleum Reserve because oil is “way too expensive.”
Source: thegatewaypundit.com
Will this effect the inflation rate. Of course it will, they are setting up the rate cut.
JUST IN: 88% of economists believe the US economy is heading for a soft landing in the next 12 months.
Only 1 economist out of 43 surveyed by Bloomberg expects a recession in the US.
By comparison, 10% of polled economists expect a hard landing but not a downturn.
— The Kobeissi Letter (@KobeissiLetter) June 17, 2024
as the Fed has been projecting a soft landing since July 2023. Meanwhile, 56% of Americans currently believe the economy is in a recession. Can the Fed achieve a “soft landing” still?
Foreign holdings of US stocks has reached an all-time high allocation of ~60%.
In 4 years, the percentage has increased ~15% and exceeds 2000 Dot-com bubble levels.
Since 2009, foreign holdings of US equities has DOUBLED.
— The Kobeissi Letter (@KobeissiLetter) June 18, 2024
while the Nasdaq 100 has skyrocketed by 1729%. By comparison, the MSCI World ex USA index has risen only 147%. Foreign investors are piling into US markets.
When you pay taxes, remember that the bottom 20% of income earners do almost no work, do not pay taxes, and receive government aid. The next lowest 20% pay minimal taxes but also receive government support.
Considering credits, the bottom half effectively pay about $667 per year. In contrast, the top 1% of income earners contribute roughly 38.8% of all federal income taxes, and the top 10% pay about 70% of the total federal income taxes. Most of the rest is paid by the Middle-income earners.
Many low-income households receive transfer payments from government programs like Medicaid, Supplemental Nutrition Assistance Program (SNAP), Temporary Assistance for Needy Families (TANF), and housing assistance.
In 2023, about 70.6 million Americans received benefits from programs administered by the Social Security Administration (SSA), including Social Security and Supplemental Security Income (SSI). Additionally, millions more benefit from other social safety net programs. For example, in the 2022 fiscal year, approximately 41.2 million people received SNAP benefits.
In short, nearly the bottom half of the population is either paying no taxes, very little taxes, and/or receiving benefits. Every new social program for the non-payers represents a forced transfer of wealth from the working to the non-working and a transfer of government services from the taxpaying to the non-taxpaying.
Chrissy Teigen says she fears that Trump will come after her if he returns to the White House. Funny how all these Hollywood celebrities that tweeted blatant pro pedophile "jokes" are petrified of the orange man like he might actually arrest them for something. If they did… pic.twitter.com/janForxPfW
Some her tweets that everyone found suspicious considering pizza is an official code word used by pedophiles on social media: -Seeing little girls half naked is just…I want to put myself in jail.
-I am going to jail over pizza -looking pretty pedo bearish cruising the parking lot
-the cleanest and the best pleasure is to have s** with a 13 year old up until now…hahaha Why are these creeps in Hollywood so afraid of Trump?
The FBI learned as far back as 2016 that Hunter Biden and his partners had plotted to set up a new venture in tax-friendly Liechtenstein that would be capitalized by a whopping $120 million investment from the controversial owner of the Ukrainian energy firm Burisma Holdings, according to documents obtained by Just the News that have been kept from the American public for eight years.
The mega-deal was not referenced inside Hunter Biden's now infamous laptop or during the 2019 impeachment proceedings involving Ukraine, but was instead chronicled in a trove of 3.39 million documents the FBI seized from Hunter Biden and his business partners during an investigation of securities fraud nearly a decade ago.
The cache of documents was recently turned over by former Hunter Biden business partner Devon Archer to the House Oversight Committee as part of its impeachment inquiry into President Joe Biden's conduct.
The new evidence shows the major investment plan was being built at the time when Hunter Biden was serving on Burisma's board of directors and Joe Biden was still serving as Barack Obama's vice president in charge of U.S.-Ukraine policy.
Source: justthenews.com
The Biden White House is apparently working to kill a bill that would require Presidents to disclose any foreign income their family receives and if family are conducting business while traveling on Air Force One
the bipartisan bill and lined up three Democrats to support these new ethics requirements But after the White House contacted those Democrats, Porter says all three suddenly withdrew their support
A private social network run by a self-identified Chinese government agent provides illegal immigrants with resources to get into the U.S. and evade border authorities, a Daily Caller News Foundation investigation discovered.
The American Self-Guided Tour Channel is a Chinese-language group with over 8,000 members on the encrypted instant messaging platform Telegram that serves as both a forum for discussing Chinese illegal immigration and a hub for documents detailing specific routes to the U.S., a DCNF review of the channel found.
Documents in the Telegram channel translated by the DCNF identify U.S. border wall gaps, instruct Chinese nationals on how to answer questions from Border Patrol agents and provide scripts for requesting asylum.
Furthermore, the channel is overseen by an individual who spreads Chinese Communist Party (CCP) propaganda, bans accounts who fail to toe the Party line and identifies himself as a Chinese police officer.
The American Self-Guided Tour Channel also serves as a hub for travel guides facilitating Chinese illegal immigration, some of which identify specific border crossing points between the U.S. and Mexico, t
Twelve years ago, in 2012, former President Barack Obama created the Deferred Action for Childhood Arrivals (DACA) program via executive order, which has allowed close to a million illegal aliens to avoid deportation from the United States.
Standards for DACA, championed by President Joe Biden, were set so low that tens of thousands of illegal aliens with prior arrest records for crimes including murder, rape, kidnapping, and sex abuse were able to secure deferred deportation status and work permits to stay in the United States.
Federal records published in November 2019 by former President Donald Trump’s administration reveal the scale to which illegal aliens with prior arrests were able to apply for and be granted DACA.
As of October 2019, the federal government had granted DACA to nearly 68,000 illegal aliens with prior arrest records, while fewer than 30,000 illegal aliens with prior arrests were denied DACA or had their DACA status terminated as a result.
More than 25,000 illegal aliens were granted DACA despite having been arrested for drunk driving, along with roughly 3,300 previously arrested for assault, nearly 1,500 previously arrested for burglary, almost 600 previously arrested for hit-and-run, 259 previously arrested for sex abuse or child rape, more than 170 previously arrested for kidnapping, 62 previously arrested for rape, more than 30 previously arrested for animal cruelty, 15 previously arrested for murder, five previously arrested for manslaughter, and two previously arrested for having child pornography.
Source: breitbart.com
MAJORITY OF HISPANICS NOW FAVOR MASS DEPORTATION (Newsweek)
A recent poll found that a majority of Hispanic people favor the mass deportation of undocumented immigrants living in the U.S. illegally.
The CBS News/YouGov poll found that a majority of registered voters overall (62… pic.twitter.com/VfxDnZSf54
percent) would favor the government starting “a new national program to deport all undocumented immigrants currently living in the U.S. illegally.” Thirty-eight percent said they would oppose it.
Biden lets in an illegal alien wanted for murder who allegedly breaks into a home, attacks a young girl, absconds, then rapes and beats and violently murders a mother of five and his administration’s response?
Bypass Congress to give unconstitutional mass amnesty to illegals.
The use of deadly force was legal and justified in the March 19 early morning fatal shooting of Bryan Malinowski by federal agents in his West Little Rock, Arkansas, home, according to Pulaski County Prosecutor Will Jones, who said in a June 14 letter that there would be no charges in the case.
Mr. Malinowski was executive director of the Bill and Hillary Clinton National Airport in Little Rock until that morning, when a convoy of 10 law enforcement vehicles entered his upscale neighborhood and agents from the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF), holding automatic rifles in the ready position, placed tape on his video doorbell, announced their presence, and in less than one minute, broke into the home while he was sleeping. Mr. Malinowski, a gun collector, woke up, grabbed his gun, exchanged gunfire with ATF agents, and Mr. Malinowski was shot dead in front of his wife.
The ATF had obtained a warrant to search his home for guns and evidence. The agency believed that Mr. Malinowski was selling guns without a $200 Federal Firearms License and without asking buyers for the proper information. According to an affidavit of probable cause, some of the guns that he had sold were recovered during the commission of a crime, although the crimes didn’t involve the direct use of guns.
It’s unclear why the ATF didn’t contact Mr. Malinowski at his workplace or during normal waking hours.
Source: zerohedge.com
This was a hit job, did this just have to do with the selling of weapons that is perfectly legal, The ATF created a new rule to make it not legal, but the SC said it was unconstitutional. So what else happened here.
A political hurricane blew all over the old continent in the last European Elections.
The Globalist forces in most countries got crushed and lost significant political ground to conservative, populist, nationalist forces that emphasize national sovereignty and reject Brussels’ current policies such as the crippling ‘green new deal’, unchecked mass migration, military support for Ukraine, among others.
Russian President Vladimir Putin arrived in the North Korean capital of Pyongyang on his first visit to the country in 24 years. He was greeted with streets decked out in Putin portraits, Russian flags, and banners – one of which read on the side of a building, “We warmly welcome the President of the Russian Federation.”
Putin in an op-ed piece published in state media just before his arrival said he appreciates North Korea's firm backing and support related to the Ukraine conflict. He emphasized both countries will continue to “resolutely oppose” the West's ambitions “to hinder the establishment of a multipolar world order based on justice, mutual respect for sovereignty, considering each other’s interests.” He wrote that the two countries will work to establish trade and payment systems “that are not controlled by the West” while jointly resisting US-led sanctions, which he called “illegal, unilateral restrictions.”
As for the potential for a military treaty, the Seoul-based Yonhap news gives the following background:
Analysts said Kim and Putin may adopt a joint declaration that calls for both sides to elevate the level of military, security and economic cooperation but saw a low possibility of them clinching a treaty akin to a military alliance. North Korea and the former Soviet Union signed a treaty of friendship and mutual assistance in 1961, when the North's national founder Kim Il-sung visited Moscow.
The treaty included a provision for the so-called automatic military intervention, under which if one side is under an armed attack, the other provides military troops and other aid without hesitation. But the deal was scrapped in 1996 after the Soviet Union established diplomatic ties with South Korea in 1990 and collapsed the following year.
North Korea is believed to possess 50 nuclear weapons – 20 more than in the past year, the Stockholm International Peace Research Institute (SIPRI) revealed in its annual report published on Monday on global militaries.
SIPRI’s “Yearbook 2024 Armaments, Disarmament and International Security” report assesses the known arsenals of nuclear states as well as global military development. It once again found that the vast majority of known nuclear weapons are in the possession of America and Russia, but that communist China is making significant efforts to expand and modernize its own arsenal. Notably, the report documented “the first time China is believed to have some warheads on high operational alert” in 2024.
Multiple landmine explosions have maimed or killed North Korean soldiers clearing land and carrying out mine-related operations in frontline areas, the South Korean military said Tuesday, amid evidence that the DPRK is carrying out work inside the demilitarized zone (DMZ).
Over 20 North Korean soldiers apparently involved in such work also encroached on the Military Demarcation Line (MDL) that bisects the DMZ on Tuesday morning, leading the ROK military to fire warning shots and conduct warning broadcasts for the second time in recent weeks.
In a statement to media, a Joint Chiefs of Staff (JCS) official speaking under the condition of anonymity said North Korea has been reinforcing tactical roads, installing “unidentified structures” that appear to be anti-tank barriers, installing mines and clearing land to bolster security along the inter-Korean border since April.
— Patri0tsareinContr0l (@Patri0tContr0l) June 18, 2024
Fauci complains that Trump wasn’t tyrannical enough during COVID, saying he missed opportunities to use the “bully pulpit of the Presidency” to tell people what to do.
So Trump is a dictator… but he won’t force anyone to do anything they don’t want to do 😆
Kathy Hochul is considering the implementation of a new mask mandate—but not quite like the one she supported while aiding and abetting Andrew Cuomo as lieutenant governor, or decreed while governor. This time, Hochul may mandate that you can’t wear one, even if you want to!
Yes, you read that right—but why the sudden u-turn?
An “alarming uptick” in anti-Jewish behavior and aggression? Who could have possibly anticipated that? I mean, after the government (both state and federal) permitted maniacs who applauded and celebrated terrorism and war crimes to run amok and wreak destruction (all under the guise of “freedom of expression”), could anyone have predicted that their appetites for chaos would move beyond defacing statues and blocking traffic to blood instead?
But wait, there’s been an “uptick” of crime? How can that be? Am I imagining things or have “they” been telling us that crime is down everywhere? Oh that’s right, crime is off-the-charts…anywhere that Democrats hold political power, like New York City.
What’s rather funny though is that this breed of modern Democrat politician is so supremely inept, they’re managing to alienate basically everyone, even their own support; conservatives already hated
After a joint investigation involving the Spanish authorities and intelligence from the FBI, the ISIS-linked organization behind the threats to Real Madrid players and fans was foiled
A joint investigation involving the Spanish authorities and intelligence including the FBI foiled the organization behind threats towards Real Madrid CF players
A joint investigation involving the FBI has foiled a group linked to ISIS, after terror threats were made against Real Madrid players and spectators attending games.
A collaborative effort involving Spain's Information Service of the Civil Guard also used Europol intelligence to infiltrate the I'lam Foundation propaganda organization. According to El Confidencial, nine individuals have been arrested in Girona, Cadiz, Almeria and Tenerife in relation to the threats – with two individuals sent to pre-trial detention.
Source: .themirror.com
Q
The deliberate dishonesty on display here from the regime is absolutely insane. Biden is a vegetable. We can all see he’s a vegetable. There’s video after video after video of him being a vegetable.
And yet they lie and lie and lie because they hate you and they hate this… https://t.co/wHN4xV3cMf
It's the idea that somehow, some way the President will be swapped out as the Democratic Party‘s candidate ahead of the 2024 election.
‘Dropping out would be a big risk.
According to Democratic bigwig, Obama campaign guru David Axelrod, the Biden team scheduled one of the earliest presidential debates in history (June 27 on CNN) to prove to naysayers that Joe's not going anywhere.
I believe Obama pushed him into this to show the world that they need to remove Biden
‘The only people who could force him out would be Barack Obama, Bill Clinton, Nancy Pelosi and Chuck Schumer,' one Democratic strategist told DailyMail.com. ‘It would have to be the four of them collectively.'
The sentencing was set for July 11 — three days before the Republican convention!
Source: thegatewaypundit.com
Interesting here by Special Counsel Jack Smith.
In seeking his gag order against Trump in classified docs case, Smith appears to concede that FBI agents may be unarmed in the course of official business (raids) if "operational considerations" dictate so.
“SOP” argument? Does anyone believe FBI agents conducted searches of Biden's home carrying standard weapons, ammo, and handcuffs as agents did during MAL raid? As I have indicated, more info on MAL raid and Biden consensual search to come. Smith motion on left, FBI firearms policy on right
Also– why did Smith change the word "considerations" in the official FBI firearms policy to "necessities" in his motion? More sloppy work or intentionally deceitful?
policy was in play during those searches? I was told recently by a former FBI agent that when he visited the White House, Secret Service made him lock up his firearm in a secure location.
In other words, he was not allowed to be armed inside the White House. Does that policy also apply to the homes of current presidents? If so, does it also apply to former presidents who are protected by the Secret Service? Something tells me we will learn quite a bit about the disparity in the Biden search vs the Trump raid.
-Are there riot fences around the Supreme Court tonight? No -Are there bicycle rack fences? Yes -Is that normal? Yes, kind of. -Are there more bike rack fences than normal? Yes, it seems that way. -What does that mean? Probably means they expect a crowd of people soon. pic.twitter.com/vCP20IkmTt
This seems like this is a setup. SC will make a decision on immunity. Are they expecting Trump supports to show up, most likely yes. Will they have agent provocateurs on site dressed up as Trump supporters, yes. If the ruling comes down that the President does not have immunity are they going to try to get a riot going, most likely.
the Connecticut Bar warned state lawyers that dissenting opinions in the Alvin Bragg lawfare suit against President Donald Trump will not be tolerated.
This is the latest move by Democrats to silence and control the American people. Unapproved thoughts will not be tolerated.
Of course, Democrats can do this when they control all of the levers of power in the country.
Greta Van Susteren: A warning from a lawyers group the Connecticut Bar Association the warning is directed at lawyers who dare to speak out and express disdain for fairness of former President Donald Trump’s trial in New York on Friday.
The Connecticut Bar Association released this message it reads in part quote “Public officials have issued statements claiming that the trial was a sham a hoax and rigged our justice system is corrupt and rigged the judge was corrupt and highly unethical and at the jury was partisan and precooked.”
Source; thegatewaypundit.com
MSNBC Analyst Suggests Black Voters Shifting To Trump Because Of 'Disinformation' pic.twitter.com/r9QTfky33M
A loose-coalition of anti-Trump groups are planning ahead of November to try to resist actions they fear could be taken by a second potential Trump administration, by preparing lawsuits and planning to intervene in immigration raids.
According to a report by the New York Times, groups like the far-left Center for American Progress (CAP) and Never Trump groups such as Principles First are teaming up to prepare lawsuits to stop feared potential crackdowns on illegal immigration and abortion access, and efforts to reducing the size of the federal bureaucracy or use troops to restore order.
Some things the groups are working on include a conference at New York University next month on “Autocracy in America – A Warning and Response,” making plans on fighting deportation and creating a model for volunteers nationwide to record and intervene in immigration raids, drafting potential lawsuits, and recruiting sympathetic plaintiffs.
Democrat governors have formed a group called the Reproductive Freedom Alliance to organize resistance to any potential federal actions to limit abortions.
![Ep 3381a - Gov Pushed EV’s, Now They Are Going Bankrupt, [JB] Ready To Drain SPR, Rate Cut](https://x22report.com/wp-content/uploads/2024/06/youtube_financial_spr-300x169.jpg)
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![[Image created by the DCNF using screenshots from American Self-Guided Tour Channel]](https://cdn01.dailycaller.com/wp-content/uploads/2024/06/Telegram-Channel-Mexico-route-e1718064696799.jpg)
