EPISODE · Jul 11, 2023 · 49 MIN
BINDENOMICS PLAGERIZES DISSASTER: FOREGIVENESS OF COLLEGE DEBT, REPARATION, STIMULUS CHECKS, ENTITLEMENTS, GREEN NEW DEAL, OPEN BORDERS, ARE FUNDED BY BORROWED MONEY NOT TAXPAYERS' MONEY.
from The American Enterprise Manifesto: My America's Vision of Peace and Nonviolence for Humanism · host Jerry Rhoads
BINDENOMICS PLAGERIZES DISSASTER: FOREGIVENESS OF COLLEGE DEBT, REPARATION, STIMULUS CHECKS, ENTITLEMENTS, GREEN NEW DEAL, OPEN BORDERS. Dy the deficit or short-term debt, and handouts to millions oF working Americans, including millions of illegal immigrants. Who is to blame for this ridiculous scenario. Both parties are complacent by deferring fiscal accountability using cooked methods of accounting. At no level are the governmental bodies using generally accepted accounting principles. In California, the legislature passed a bill to require GAAP, then reversed itself and dropped it when the public discovered that California is under water when considering all of the commitments not accrued nor recorded. In fact it was discovered that the budgets were treating borrowing as cash receipts to balance their budgets, then lying that they has surplus. This prevails throughout institutional accounting. While Bidenomics plagiarizes Reaganomics he is hiding the derivative bubble the economy is setting on. Caused by past and present Congress ignoring generally accepted accounting procedures and the debt clock for measuring the American Dream financial future is destroyed by their mismanagement. While the Chinese CCP, Inc. controls the trade supply chain and shipping with its Monopsony government and Monopoly two-way shipping business. Basically, China has taken over the supply lines in Asia, Africa, South and Central America, Europe with CosCo builders of cargo ships and containers for their 5,400-cargo ship fleet covering 20 American ports and 100 ports around the world. (90% of the supply line goods are shipped by seas and oceans. 75% on Chinese container cargo ships). This includes Big Tech, Big Pharma, Big Steel and excludes Exxon/Mobil and OPEC using their own tankers. While Congress fiddles, China has already won the trade war without a shot fired. My point is our Department of Defense and State Department wastes money on open borders, W.O.M.D's and woked up military values, rather than reversing this Chinese dominance of global trade. As they make inroads into India, OPEC, Russia, Iran, and Western Hemisphere for back dooring American sovereignty. Also, making inroads with the WHO, WTO, International Monetary Fund for World banking, where they have a trillion-dollar line of credit in two tranches to invest in Africa and Latin America mining and oil production. And currently they are appointed co-chairs of the UN Security Council. While our State (weak kneed offense) Department acquiesces to China's planned "Wolf Warrior Belt of the Road and Seas" takeover of Taiwan, Japan, Philippines, India, Viet Nam, Indonesia, South Korea, South Africa, Russia, Iran, OPEC as suppliers for CosCo shipping to America and 30 other countries that export more to the US then US exports to them. And they have their sights on replacing the dollar with their crypto currency through the central international monetary fund, import-export bank for calculating exchange rates, and controlling pricing of loaded shipped goods internationally. . My point is China isn't going to Destroy American democracy, but continue to employ our distribution, trucking, rail, and airdrop, to stock our wholesale, retail businesses, to sell their Asian consortium products, while pricing and controlling their two-way, world shipping monopoly. Their two largest cargo ships, the Tessa and Giant, carry up to 24,000 20-foot containers out of Shanghai's 14,000-acre container farm managed by state-of-the-art robotics, eliminating manual labor. And their 20 deep harbor ports price goods as landed costs, not loaded costs, and then return with our exports to other worldwide ports as loaded costs. oying our credit rating with excessive borrowing of $32trillion current, and $184 trillion long term obligations. Underwater by $25 trillion using GAAP obligations versus total assets of USA, Inc. (per debt clock www.usdebtclock.org and www.openthebooks.com).
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BINDENOMICS PLAGERIZES DISSASTER: FOREGIVENESS OF COLLEGE DEBT, REPARATION, STIMULUS CHECKS, ENTITLEMENTS, GREEN NEW DEAL, OPEN BORDERS, ARE FUNDED BY BORROWED MONEY NOT TAXPAYERS' MONEY.
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