[gatestoneinstitute.org] Under this new digital currency, any transfer of funds to family, friends, charities, or clients would be able to be tracked by the nation's central bank that issued this virtual money. Big Brother will be in your wallet every hour or every day. You will not be able to buy a stick of gum without a Federal Reserve computer knowing where, when, and to whom you just put down a buck.
We should be rightfully concerned about inflation, energy independence, aggressor nations armed with nuclear weapons, and woke public policies that denigrate the very foundation of this great country. But these are jabs compared to the enormous destructive power of a digital currency "option" slipped into Executive Order 14067.
When I was a sparring partner for professional boxers many, many years ago, I was taught to be wary of the jab. It is a tactic used to distract an opponent while setting him up for a devastating power punch that takes him down for the count.
Biden is throwing jabs.
The power punch is a little noticed Executive Order with the innocuous number 14067 and its title, "Ensuring Responsible Development of Digital Assets."
In a 21st Century world where cryptocurrency and cybercrime are now embedded threats to our collective financial security, this Executive Order would seem to address these issues. That is the jab.
In fact, this order includes language that allows the Federal Reserve System to "explore" the possibility of introducing digital currency into the United States. This means that your cash becomes so much colored paper. That would not be the only catastrophic impact on our society and the nation's economy. Under this new digital currency, any transfer of funds to family, friends, charities, or clients would be able to be tracked by the nation's central bank that issued this virtual money. Big Brother will be in your wallet every hour or every day. You will not be able to buy a stick of gum without a Federal Reserve computer knowing where, when, and to whom you just put down a buck.
Like any jab, its starts with a feint.
"At this stage, the Fed is just introducing the subject into the public debate and is weighing the options," according to Eswar Prasad, a Cornell University economics professor who was interviewed by the Associated Press in an Aug. 24 story.
Apologists for the White House insist that the Executive Order does not implement digital currency or give Washington the power to control it. Assuming that is true, what it does accomplish is to introduce the possibility of even considering a currency move so radical, so profound, and so disruptive that it make George Orwell's "1984" nightmare novel a day in the park?
We should be rightfully concerned about inflation, energy independence, aggressor nations armed with nuclear weapons, and woke public policies that denigrate the very foundation of this great country. But these are jabs compared to the enormous destructive power of a digital currency "option" slipped into Executive Order 14067. Nations have risen and fallen far from the battlefield, their destinies determined by their economic policies. We should bring our collective outrage to confront even the idea of introducing digital currency in America's future: if it becomes reality, we will not recognize our democracy.
Posted by: Super Hose ||
03/08/2023 12:30 Comments ||
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#5
Well, that'll certainly make it more convenient to buy fentanyl.
Posted by: Abu Uluque ||
03/08/2023 13:28 Comments ||
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#6
They already know every credit card transaction.
Every check is now scanned, no more clerks.
Cash withdrawals and/or transfers are reported vis-a-vi money laundering rules.
How do they lock down the dark money?
Or the people that have no money and trade children for food?
[MAILCHIMP] On March 7th, two of the four US citizens kidnapped shortly after crossing the border into Mexico were found dead. This raises several questions, but perhaps the most significant is how this will change the United States' policy on Mexican cartels.
The cartels have a long and deep-rooted history of flushing the American system with drugs, laundering money, and other illicit activities. However deserving of the designation as a terrorist group, we have seen in recent history how our actions on terrorist groups have played out...just look at Pakistan.
Any action taken against the cartels would ultimately damage American and Mexican relations. As the US moves away from its ties with the Chinese, that's the last thing anyone wants. It's a tricky situation, and the solution isn't black and white...but maybe everyone should lay off the white stuff for a while.
#1
Our military is compromised. Try to use them against the cartel and their NPCs will start taking out family members, most of whom live off installations. Which would be a wake up call to the Swamp what would happen if they decided to do the same thing to the remaining Americans within the borders.
#2
"Plata o plomo is a Colombian Spanish slang phrase that translates to “silver or lead.” A person saying the phrase is telling the listener to either accept a bribe (plata, meaning “silver,” a common slang term for money in Colombia) or lose their life (plomo, a metonym for “lead bullet”). plata o plomo largely entered public consciousness in the 1970s through the activities of the Medellín Cartel. The cartel, lead by Pablo Escobar, flooded American markets with cocaine throughout the 1970s–80s. It was Escobar who famously used the phrase plata o plomo to threaten government officials with harm if they didn’t accept his bribes."
#3
Rebellious Thugs of Bareilly
Once waylaid our famblies, and daily,
But since the Nabob went
And built a cantonment,
They're snug as a bug in a bailey.
[YouTube] China's facing a food crisis, and it doesn't look like it's going to go away any time soon. In this episode of China Uncensored, we look at why China's arable land is shrinking, what China's doing to increase the food supply, and why food security is so linked to the CCP's legitimacy.
#3
China has needed to import food for years. As of 2009, apparently, they’ve had to import more than they exported, and it’s just gotten worse since then — rising middle classes expect not to starve.
#4
If you mix Chinese food with German food an hour later you are hungry for power.
Posted by: Deacon Blues ||
03/08/2023 20:44 Comments ||
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#5
Shutting down Ukraine food production simultaneously with eliminating the use of nitrates in European farming is either, insidious, stupid or an outstanding diet plan.
Posted by: Super Hose ||
03/08/2023 21:50 Comments ||
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[Gateway] A new poll from Rasmussen has found that most Americans believed that the COVID-19 virus leaked from a lab in Wuhan and that officials covered it up.
This comes on the heels of new reports which seem to confirm the lab leak theory at the very least.
Gateway Pundit was one of the first sites to suggest it was a lab leak.
It’s amazing to think that this was a supposed ’conspiracy theory’ just months ago, according to Democrats and the media.
[Reason] Officials shield government abuses from litigation by claiming “national security.” The Supreme Court declined to weigh in.
Abusive government behavior has again been found to be too sensitive to national security to face legal challenges in the court system. Last week, the U.S. Supreme Court declined to review a lower court's dismissal of the Wikimedia Foundation's lawsuit against a National Security Agency surveillance program revealed a decade ago by Edward Snowden. With "state secrets privilege" barring litigation, that leaves upcoming congressional debates over renewal of the law authorizing the program as the only recourse for civil liberties advocates.
"The U.S. Supreme Court today denied the Wikimedia Foundation's petition for review of its legal challenge to the National Security Agency's (NSA) 'Upstream' surveillance program," Wikimedia announced February 21. "Under this program, the NSA systematically searches the contents of internet traffic entering and leaving the United States, including Americans' private emails, messages, and web communications. The Supreme Court's denial leaves in place a divided ruling from the U.S. Court of Appeals for the Fourth Circuit, which dismissed Wikimedia's case based on the government's assertion of the 'state secrets privilege.'"
"This decision is a blow to the rule of law," commented Alex Abdo, of the Knight First Amendment Institute at Columbia University, which worked with Wikimedia and the American Civil Liberties Union (ACLU). "The government has now succeeded in insulating from public judicial review one of the most sweeping surveillance programs ever enacted. If the courts are unwilling to hear Wikimedia's challenge, then Congress must step in to protect Americans' privacy by reining in the NSA's mass surveillance of the internet."
The "Upstream" surveillance program at issue collects "communications 'to, from, or about'" a foreign target designated under Section 702 of the Foreign Intelligence Surveillance Act, according the NSA. In the clearer language of the Electronic Frontier Foundation, "upstream surveillance involves collecting communications as they travel over the Internet backbone, and downstream surveillance (formerly PRISM) involves collection of communications from companies like Google, Facebook, and Yahoo."
[American Thinker] As the next presidential election approaches, the leader of the Republican Party, and America, is Donald Trump.
In 2015, the Republican Party was dead. There was no clear leader and little enthusiasm even as the end of Barack Obama’s presidency was on the horizon. Republicans suffered convincing losses in the two previous presidential elections, and a Bush versus Clinton rematch reincarnate was plausible for a time. The party’s 2014 midterm election gains were more of a referendum on Barack Obama than an endorsement of the Republican Party. But the key reason those scenarios were short-lived was because of Donald Trump.
While the Democrats, media, and Republican establishment (now referred to as the Uniparty) were busy mocking Trump’s candidacy, he was energizing and awakening a previously dormant base of the electorate. The base, which eventually became known as "the forgotten man," was composed of right-leaning Americans who felt they did not have a champion who was truly fighting for them. Trump was at first a breath of fresh air. But when the shock of his candidacy transitioned into reality, it became clear he was the pro-America candidate Americans had been longing for since Ronald Reagan.
[Shafaq News] On Feb 26, Syria’s President Bashar al Assad welcomed representatives and diplomats from Arab League ...an organization of Arabic-speaking states with 22 member countries and four observers. The League tries to achieve Arab consensus on issues, which usually leaves them doing nothing but a bit of grimacing and mustache cursing... countries who visited to show "solidarity" following the February 6 earthquake that killed thousands. Syria’s full return to the vaporous Arab League is practically a fait accompli. Yet as a result, questions about the future of Lebanese-Syrian relations loom, especially given Assad’s rehabilitation in eyes of the Arab rulers. Those who once saw him as part of the problem, as he brutally suppressed all forms of opposition and strengthened his reliance on Iran, now see him as part of the solution to the region’s security.
The primary question being asked is how will Assad use this new boost in legitimacy to strengthen his hand in neighboring Lebanon Hezbollahstan
Continued on Page 49
Posted by: trailing wife ||
03/08/2023 00:00 ||
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A multi-volume chronology and reference guide set detailing three years of the Mexican Drug War between 2010 and 2012.
Rantburg.com and borderlandbeat.com correspondent and author Chris Covert presents his first non-fiction work detailing
the drug and gang related violence in Mexico.
Chris gives us Mexican press dispatches of drug and gang war violence
over three years, presented in a multi volume set intended to chronicle the death, violence and mayhem which has
dominated Mexico for six years.
Rantburg was assembled from recycled algorithms in the United States of America. No
trees were destroyed in the production of this weblog. We did hurt some, though. Sorry.