In honor of a day in America that led to slavery of all tax paying citizens, April 15, we dedicate this opener. It will not delve much into the history of the income tax’s origin, Gail has already handled that quite well and I urge you to read her works related to it. In them we revisit the period around 1913 and its many federal government related acts of aggression against We the People with the income tax being a big one.
I want to focus more on the way out of it, which #47 and Scott Bessent are orchestrating, now that we know tariffs are going to stay in play. We know the Fed is in process of being neutered and in the process, our petro dollar based fiat currency reserve will change to a version closer to what we had pre 1971 when gold was still the standard bearer and markets were less volatile with their bubbles and busts. Those were the days that brought us these immortal words that are still how it all should go,
#47 already told all of us how our nation can earn it – by him and future Presidents using tariffs.
So, let’s focus on how Trade thinks this may be positioned to go.
National Piggy Bank
Very few people will deny that it seems the entire world has used us as one. My goodness, the tossing money at illegal aliens, NGOs, fraudsters, foreign nations, and a sundry of criminal causes and enterprises of the moment for decades has been mind blowing. Most of us had no idea that trade imbalances were being built through unfair trade practices as long as that cheap shiz from China, Bangladesh, Meh-i-co and such kept showing up on our doorsteps. Once it was starting to be exposed, most of us could not get it off our minds how we have been lied to and used continuously for questionable to horrible purposes that had less than zero long lasting benefit to us. The worst part is it has resulted in a $38+ trillion and climbing national debt. We have all been paying excess taxes to support thieves and war pigs the entire time going back to the Vietnam War.
That is coming to an end. Many simultaneous actions are being undertaken by #47 which will stem the tide and then seemingly all at once, eliminate it. Our role is to keep the pressure on elected officials and the judiciary. We need to help Trump be Trump, to be followed by Vance being Vance, Rubio being Rubio, etc.
Who holds the largest amount of the debt? The same entity that will have #47’s hand pick take over as Chairman soon. Expect things to radically, but quietly change at the Fed and with the changes the national debt picture. Besides lower interest rates, it will probably include the spin out of Fannie Mae and Freddie Mac into private entities that removed contingent debt from our collective books, marking our strategic reserves of gold and silver to market, market moves internationally to sell some debt, and possibly bankrupting a few complicit mega national banks and even Fed banks that have insufficient cash to meet their requirements.
That is even leaving out the effects of the potential use of stablecoin with blockchain tech.
All of the planned and already staged actions reduce inflation and interest rate volatility. So why is that so important? Simply, for every 1% reduction in the fed funds rate, there is a reduction in debt service interest of $500 – 600 billion. The current rate is 150-200 basis points (1.5 – 2.0%) higher than debt markets, economic activities, employment, and inflation indicate it should be. This has gone on for the entire first plus year of #47’s term. That tells us that at the time of this post that close to $1.5 trillion of our annual deficit is bogus just on that one issue. Why? The Fed has been doing it because some large international banks, their masters, have been running out of cash liquidity. Cutting to the chase – it has been an ongoing manipulation that hurts We the People in exchange for propping up their elitist scum bucket friends.
The dirty, not so secret, secret is they are upside down on derivatives in the big banking world. The Fed with their mega bank cronies, including the Euros, are trying to keep enough cash in the connected banking system to stay afloat. They do that by keeping the Fed Funds rate higher than the economics indicate plus while rolling the currency printing presses. You do not have to be a financial expert to tell which banks are most endangered. Just consider the individual responses to #47 and Bessent’s policies and statements. The move away from fiat currency puts holes in and in some cases sinks many of their boats. Even with that, many nations and mega banks are capitulating worldwide starting in Switzerland and progressing through the EU as Bessent turns the screws. Add in the effects of taking Iran out as a lever of their power and it seems tough times are ahead for many EU globalists. Spain has been particularly offended of late. Oh well…
The obstruction led by Jerome Powell has been criminal and even treasonous in my book. He has been screwing all of us, not just #47, in an effort to save the globalist cabal’s kingdom. America Last has been the Dems and Fed’s mission for many years.
The major ratings agencies have been telling the world for years that our growing national debt is a huge problem. It has not been a secret to anybody. Despite knowing that, the world invested into the debt of America, Inc. Instead of seeking funds from selling debt, It seems that the #47 generated trillions in investment into America to avoid tariffs. That spikes fed revenues over a relatively short period of time and leads to the win in The Golden Age that follows once the old guard’s thieving is kaput.
So what does all of that mean for We the People?
Trump Accounts & More
Now that we have identified a relatively easy solution to $1.5 trillion or more in annual deficit just with Fed interest rates being normalized, let’s look at another big ticket annual cost. How many reading this know how much of the federal budget, not the annual overspend (deficit), is comprised of the entitlement program of Social Security?
It is approximately 21% ($1.5 T) of the expenditures annually. Funny, that amount appears again.
One way to look at it is that it is a pretty big chunk that makes up much, if not all of the annual deficit even with the efforts of DOGE and other savings have kicked in. You do understand that the feds do not really lockbox your Social Security contributions, right? It all goes into the same pot and is used for the same grifting even with the separate accounting. They are Ponzi scheming. They are using a growing population’s contributions (including a previously exploding illegal alien population using fake ID’s/SS numbers) to fund existing enrollee funds allocations. Please tell me you remember they just removed over 12 million SS account recipients over the age of 110 or so. All were recipients of monthly checks and likely “voted” in our elections. You do know that most of that money was going to fake ID illegals who funneled it back to their handlers who fund the crooked politicians and government criminals.
Which is one major reason why the cabal members wanted a lot of older people to die with the COVID plandemic (scamdemic, hoax, whatever you want to call it). Scare enough of the sheeple into taking clot shots that accelerate the death rate to improve the actuarial tables to help fund the projected outflow to the criminals.
The problem they experienced has been that more people began to be skeptical about all of the COVID boosters and the fear porn they used. Fool me once applied as the resulting health issues of jabees became ill and died. The first two clot shots did some damage to the 70% or so of Americans who took them. However, to achieve the full kill effect they targeted, they needed far more sheeple to have 5+ shots. You know that is the number from PAVACA’s incredible research.
Meanwhile, MAGA patriots saw through it even when our germaphobe leader still backed his Warp Speed program. He read the tea leaves and backed off somewhat. He went on to have Bobby take over HHS and fully supported him to complete his personal withdrawal from weighing in on the issue, thankfully.
Now, a large number of younger MAGA patriots are doing what Charlie Kirk said to do all along – love Jesus, love country, get married and have babies. #47 along with JD became close to Charlie. They believed in him and the mission of TPUSA. So after he was elected he saw that TPUSA could help save America short and long term. Now the only defense that have are paid fake MAGA influencers who are rapidly declining in influence as their shilling is revealed.
We all knew the enemies of America would drink their own kool-aid and kill themselves off eventually, they always do. The Karens and Kens of baby making age are not into having kids anyway. Most Karens cannot even get a Ken interested in them. much less a MAGA male. Once the illegals were heading home, the left has effectively been isolated and continues to destroy themselves in incredibly stupid attempts to stay relevant.
Enter Trump Accounts and increased BBB child tax credits. Trump Accounts are rewards for baby making to encourage a return to understanding capitalism and the American Way. Funding initially will come from entities and private business people such as Michael Dell and wife. Promises from #47 indicate there is more on the way and it appears funding can even come from future “dividends” he declares from the coffers of America, Inc. Those revenues would undoubtedly come from, drumroll please, tariffs.
If families also invest funds in to their children’s accounts and the feds manage the funds as proposed well, the index accounts they use to produce anticipated historical returns of 8-15% over time will allow our young people to roll the dice and leave the funds invested. Or they can use for education, buy a home, and so on. Program details will be coming in advance of the July roll out.
But wait, there is MOAR!
Back To Social Security
Building Trump Accounts into the psyche and lexicon of the American public opens the door for younger adults to seek personal investment and private retirement funding exclusive of the current Social Security methodology and delivery because they doubt it will exist when they get there. For the record, I doubted as well some four decades ago and yet, here we are still receiving benefits.
For some of of us oldsters, we remember when many employers stopped offering defined benefit pension plans as 401-k style plans were first developed and approved by the federal government. The standard bearing, universally employer offered Defined Benefit Plans are very expensive for employers to maintain and as the average American lifespan increased, even more so. To protect recipients who worked many years to earn good ones, the federal government established an agency, the Pension Benefit Guaranty Corporation (PBGC), to insure all plans. Employers pay fees to the PBGC that insures all recipients will receive their pensions even it there becomes a situation that there are insufficient funds available in each employer pension plan.
Employers sought a less expensive answer for retirement and the 401-k was devised along with other similar plans. Most employers stopped offering defined benefit plans and offered 401-k plans to replace. Benefits for existing participants in the former were frozen at their current levels for existing employees. The employees then began contributing to their own retirements in the latter. Many employers began offering some level of match of the amount an employee contributed subject to individual plan parameters and federal regulations. The better the employer did financially, the more some would contribute. The employee would choose their investments from a smorgasbord of options in mutual funds, bond funds and money market rates. Over time the vast majority of retirement plans have evolved to this type.
At this point, you should be seeing what may be coming with “Social Security” in the future.
Trump Accounts are the educator, the government does the investing for you, just in index funds instead of interest starved Treasuries. So, instead of the low risk, low ball fake SS investment model; they get to prove themselves worthy of the new method that will still be regulated. Unlike Social Security’s Ponzi scheme, Trump type accounts are actually invested into equities and bond markets using index funds. That helps fuel our capitalism based economy. Win-win applies. The returns people receive based on historical performance of index funds far exceeds inflation, treasury bond rates and bank interest on savings instruments.
Again, the current Social Security program is nothing more than a Ponzi weirded Defined Benefit Pension Plan with the federal government tax revenues funding it based on antiquated ways to take care of the income needs of senior citizens. By giving all adult citizens the option to go with a federal government version of a 401-k, which is what a Trump Account resembles, the government no longer has to fund the SS program for those who seek to have better returns and control over their money and futures. The SS funding gets shored up as needed through tariff revenues as all of the old users pass away.
Independence matters. Making market returns is important. Fueling education and investment into capitalism is crucially important. We did not become the greatest nation on earth by being Marxists and compliant sheeple. Patriotic Americans are bold innovators and hard workers.
Your Budget
I hope I do not have to tell you what lowering the interest rates and increasing the fuel and power generation supplies in America does to the costs of household budgets. Then add in what the BBB did to personal income taxes. The snowball rolling downhill has already begun.
It matters to us in flyover country what happens in the Strait of Hormuz. Destroy the sponsors of terrorism and the world gets flooded with oil that we already have more than ample supply of domestically. What does that tell you about future energy costs, which flows into the cost of products and services?
Lower interest rates do not just apply to home mortgages, car loans, and credit cards; the lower rates apply to funds borrowed by businesses as well as government. The fuel and power costs lowers prices the same ways including transportation costs. Less taxes paid are obvious. All of if increases available consumer spending for more and more American made products, which increases jobs and related wage rates and benefits. Meanwhile illegals are going home, who have been taking many jobs at below market wages without paying taxes, yet, voting and receiving government and medical services
All of the activity increases fed tax revenues, reduces government borrowing (bonds), and reduces the interest cost in the federal budget. That accelerates the elimination of the annual budget deficit as well as national debt over time. More international business investment and growth decreases wars just as all of PDT’s economically driven peace deals have done.
Conclusion
By supporting common sense moves the entire annual deficit at current levels should be eliminated at a good, measured pace. The moves even leave ample room for the support of PDT’s proposed military budget increase as the funding flows into job creation as well as preserving our freedom. That expands our national influence and prevents foreign aggression for decades to come. Peace through strength again proves to be the best deterrent there is.
The war pigs still lose along with all of the forever war politicians aligned with them.
Is that lead AI generated pig Lindsey Graham?
Remember Wolf’s site rules. Note and label all AI. Please be kind to one another, we are all in this together. May God richly bless America and all of you.
Before all things and people – In God We Trust. Also, trust Trump and the plan.
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