The Fake President Joe Biden has given a rousing speech to Congress, wherein he promoted the Chinese as a new threat on par with Adolf Hitler.
This is really weird.
(This is the State of the Union speech, but it isn’t called that because of some protocol which makes it so a President’s first State of the Union is not called the “State of the Union.”)
President Joe Biden declared on Wednesday (Apr 29) that the United States is “on the move again” 100 days after he took office, in a speech to a joint session of Congress that he used to promote a US$1.8 trillion plan he said is needed to compete with China.
Biden appeared in the chamber of the US House of Representatives at an event scaled back this year because of the pandemic, removing his mask to speak to a small group of Democratic and Republican lawmakers, other officials and guests arrayed before him.
Seizing on the need to rebuild after the coronavirus pandemic to advance Democratic priorities at a time of political polarisation, Biden told the joint session and millions of people watching on television that “America is ready for a takeoff.”
“Now, after just 100 days, I can report to the nation: America is on the move again, turning peril into possibility, crisis into opportunity, setback into strength,” Biden said.
He argued that a new spending and tax-credit package, which together with an earlier infrastructure and jobs plan, totals around US$4 trillion, rivaling the annual federal budget – is a once-in-a-generation investment vital to America’s future.
See, I told you it wasn’t $2 trillion.
If they’re now admitting $4 trillion, it’s going to actually be $8 trillion.
I hope you don’t have any cash in the bank!
“Tonight, I come to talk about crisis — and opportunity,” he said. “About rebuilding our nation — and revitalising our democracy. And winning the future for America.”
Biden argued that the spending plans were needed to keep up with China, which his administration sees as a major strategic challenger.
“China and other countries are closing in fast,” he said.
In fact, China has already surpassed the United States economically. They did not accomplish that by printing money. Countries that attempt to boost their economy by printing money end up with trillion dollar loaves of bread.
This is real:
Zimbabwe kept printing money until they needed 100 trillion dollar bills.
The rest of the world sees what the US government is doing with this money printing scheme, and they are attempting to get rid of their dollars.
Right now, I tell everyone not to have any more cash than they need for daily expenses. Buy precious metals, Rolexes, collector cars, guns – anything. Just do not hold dollars.
Biden got ultra aggressive about China.
He said he had spent a lot of time talking to Chinese President Xi Jinping.
“He’s deadly earnest about becoming the most significant, consequential nation in the world. He and others, autocrats, think that democracy can’t compete in the 21st century with autocracies. It takes too long to get consensus,” he said.
Biden is trying to thread the needle between Republicans opposed to more spending and the tax increases needed to pay for it, and liberal Democrats who believe Biden needs more aggressive plans.
There is no way you can increase taxes enough to pay for this.
This is all following the “Modern Monetary Theory” (MMT) ideology, which says that debt is actually good and if you can print more money that you take in, you’re winning – but even with that ideology, you have to increase taxes to prevent total inflation.
The numbers they are putting forward do not make sense, even in MMT, and the only reason they would be doing this is if they were purposefully trying to collapse the dollar.
These are two separate issues – starting a war with the Chinese and purposefully collapsing the dollar – but he is tying them together in this speech because they are both top issues for the elite he represents.
The Democratic president spoke of a willingness to speak with lawmakers on both sides of the aisle to come to an agreement. He is to meet the top Democratic and Republican lawmakers at the White House on May 12 to try to find common ground.
His plan includes US$1 trillion in spending on education and childcare over 10 years and US$800 billion in tax credits aimed at middle- and low-income families, according to a White House fact sheet.
It also includes US$200 billion for free, universal preschool and US$109 billion for free community college regardless of income for two years, the White House said.
The American Families Plan and the infrastructure and jobs plan the White House introduced this month could represent the most significant government transformation of the economy in decades.
To pay for the plans, Biden has proposed an overhaul of the US tax system. Wednesday’s “American Families Plan” is funded by raising the top marginal tax rate for the wealthiest Americans to 39.6 per cent from its current 37 per cent.
It nearly doubles the tax on investment income – known as capital gains – for Americans who earn more than US$1 million. The US$2 trillion-plus infrastructure plan is funded by an increase in corporate taxes.
News of the capital gains tax proposal caused stock markets to drop briefly last week.
The Biden administration says the tax reform plan is designed to reward work, not wealth, and “reform the tax code so that the wealthy have to play by the same rules as everyone else”.
There is no mention of Amazon, which will continue to skirt taxes, as they have from the beginning.
The plans are being designed to not include Amazon, and to simply drain the middle-middle and upper-middle class, which are the target. They want everyone to be poor, except the super-rich, so they’re doing this fake communism, which targets people who are not actually rich, but doing pretty good – because they have to be dragged down to the level of the blacks.
Someone who makes a couple million dollars a year is not “the elite,” even if moronic millennials believe that is the case. In fact, people in that upper-middle and upper class section of society actually are good for society, and do create jobs. This is very different than the billionaire parasite class, who actually have most of the money, and who the supposed “socialists” in the Democrat Party do not want to ever tax.
It’s not “the 1%” that are the issue. It is the 0.00001%.
It is a couple thousand people on earth that are hoarding all this wealth. You can find the statistics.
This is from 2017, when things were not nearly as bad as they are post virus hoax:
That’s the problem, and it’s a problem that none of these AOC people will actually discuss.
Instead, they want to not touch these billionaires, and loot the middle and upper-middle class.
It’s all a gigantic hoax – yet again.
We would be able to compete with China if we didn’t allow this kind of parasitism by this small handful of people.
(The second image says “the world,” and I don’t think we should be concerned about third worlders who only make a dollar a day sweeping the street or whatever. But it does put things into perspective. And again – it’s much worse since 2020 and the virus hoax, which made everyone in the world poorer, except the billionaires, who more than doubled their wealth.)
China is successful because they don’t allow this kind of parasitism. There are billionaires in China, but mostly, China aims to create a stable middle class.
Libertarian morons defended this lunatic system of allowing these oligarchs to be created in America, presumably because most of them thought they were talking about people who made a couple million dollars a year or whatever.
Sean Hannity for example will inexplicably defend Jeff Bezos profiting off of the virus hoax.
He argues that being against billionaires looting the country is “communism.”
Billionaires did not “work for their money.” You cannot work for a billion dollars. This kind of wealth always involves various scams linked in with government corruption.
No one who talks about any of these issues makes any sense, but one thing is clear: both Hannity and AOC will defend Jeff Bezos.
It’s all part of a planned agenda to remove social mobility, to remove the classes. They want only two classes: the ultra rich and everyone else. Technically there will be a third class that serves the ultra-rich by managing everyone else.
Everything Joe Biden does is pushing towards creating this New World Order.
The biggest thing standing in its way is a Big Autistic Panda Bear who just wants to be left alone.