- You can spend and live the way you want, but one day you will face a bill.
- Sebastian (Evolution of Democracy)
Many Types of Bills
Prime Minister Netanyahu declared that France, UK and Canada is wrong. He stopped short of including the US even though President Trump agrees with the above three concerning Gaza and the Middle East. He doesn't want to lose all his free weapons and aid. The World Court has already labeled Netanyahu a genocide criminal and we worried that his real intention with the war on Hamas was to grab more land. He showed his colors by stating that his army will occupy all of Gaza. He is an ego maniac. Everybody is wrong except him.
Hats Off...
...Thomas Friedman, the opinion writer for the N.Y. Times. This courageous, Jewish journalist wrote an open letter in his column. He referred to Netanyahu when he said, "Israel is not our alley." He means the way he has conducted the conflict has put us in a terrible position. We agree. His bill is overdo. Israel needs to vote him out of office, for good.
End of Penny?
It now costs almost a nickel to mint a penny. Trump has ended any new circulation. Speaking of the nickel, it will soon join the penny in economic purgatory. Estimates are over 13-cents to make a nickel. We can put the blame clearly on the Federal Reserve and both of our political parties. Their combined actions of not protecting American workers, debt spending and give-a-ways to the rich is destroying the purchasing power of the dollar that can be seen with inflation and our on-going, rising, disastrous debt. This is not all on President Trump, but he showed his true colors with the phony name, "Big Beautiful Bill." When you offer more tax cuts to the rich that will explode our deficits, yet again, this is irresponsible.
We predict this will lead to an international currency crisis. It will give incentive to those who oppose Trump like the EU. It plays into our enemies hand. Led by China along with the BRICS, they will see their objective as another piece of America is damaged. Together, their solution will be a new reserve currency under the IMF. They will issue a basket currency of the leading nations. Each will get a percentage. The US may be the highest percentage, but our dollar will be devalued to around 89-cents. To put that in perspective, it was $110 in January and closed at 99.11 last Friday. Trump's tax cuts will end up being a tax on everyone. It will create another 15% in inflation. Stop this madness!
Bias Proof
CBS news network has shown the door to its CEO. Why, you ask? Because her political views did not follow her superiors. This shows network bias. It is not just Fox. Influence is rampant in America. Dear Reader, we try to offer you the truth, but with so much confusion, this is difficult.
Love in Action - Netherlands
His life portrayed the concept and the Dutch are living examples of love in action. It is taught within their culture and school system to be grateful for all the US soldiers who died to liberate their country from the Nazi's. Their citizens adopt a grave in the Margraten Cemetery of all US military who died fighting on their soil. Every year on the US Memorial Day, the adoptees visit the grave stone and place a flower on the site. We say, "God bless them."
Meanwhile,
Walgreens has begun closing 1200 stores. UPS is laying off 20,000 workers. As we have shown you in previous pieces, layoffs are happening globally. Japan's Panasonic is shredding 10,000. Sweden's Volvo is cutting 3,000 jobs. That is a big number for a small auto maker. We see the recent rally in the market running out of juice with falling volume. Hope you had a nice, holiday weekend... Peace.
