The Most Splendid Housing Bubbles in America (March 2024 Update) thumbnail

The Most Splendid Housing Bubbles in America (March 2024 Update)

By Wolf Richter

Biggest Price Drops from 2022 Peak: San Francisco, Seattle, Portland, Denver, Phoenix, Dallas, Las Vegas

20-City Index drops for 3rd month in a row, forming Double Top.  Only Washington DC sets a new all-time high.

The home price index for the 20 metros that the S&P CoreLogic Case-Shiller Home Price Index covers declined by 0.1% from the prior month, the third month in a row of declines. Year-over-year, the index was up 6.6%.

Year-over-year, wait a minute… today’s “January” 2024 reading is three months off the October 2023 peak, while January 2023 was seven months off the June 2022 peak. Year-over-year comparisons are meaningful when the index is very seasonal, and comparisons match the high in the current year to the high in the prior year, and the low in the current year to the low in the prior year. But this is not the case here. The highs are in different seasons (June v. October), because they were caused by factors other than the slight (if any) seasonality of the Case-Shiller index.

So the year-over-year change (+6.6%) compares today’s “January” reading which is three months off the October peak to January 2023 which was seven months off the June peak and was the bottom of a non-seasonal trough. For that same reason, the year-over-year changes will diminish over the next few months.

Today’s S&P CoreLogic Case-Shiller Home Price Index for “January” is a three-month moving average of home prices whose sales were entered into public records in November, December, and January. The fact that it is a three-month moving average irons out some of the seasonality.

The index uses the “sales-pairs method,” comparing the sales price of the same house over time, thereby eliminating the issues – including seasonality due to the seasonal change in mix – associated with median prices (see “Methodology” toward the end of the article).

The long view of the 20-Cities Index shows the mind-blowing surge over the past few years; and it shows a bizarre non-seasonal double top that has never occurred in the history of the index, with the first top in June 2022 and the second top in October 2023.

You can also see that there is little seasonality in the index going back over 20 years:

To qualify for the Most Splendid Housing Bubbles, the metro must have experienced home-price inflation since 2000 of at least 180%. The indices were set at 100 for the year 2000. Today’s index value for Miami, which we’ll get to in a moment, of 429 is up 329% since 2000, making Miami the most splendid housing bubble on this list.

Home-Price Inflation. By measuring how many dollars it takes to buy the same house over time via the “sales pairs” method, the Case-Shiller index is a measure of home-price inflation. So Miami had 329% home price inflation since 2000. By comparison, consumer price inflation, as measured by CPI, was 83% over the same period.

Prices were below their 2022 peaks in 9 metros of the 20 metros in the Case-Shiller index (% from their respective peak in 2022, month of peak):

  1. San Francisco Bay Area: -13.4% (May 2022)
  2. Seattle: -12.6% (May 2022)
  3. Portland:  -7.9% (May 2022)
  4. Denver:  -7.1% (May 2022)
  5. Phoenix:  -6.5% (June 2022)
  6. Dallas: -5.8% (June 2022)
  7. Las Vegas: -5.1% (July 2022)
  8. San Diego: -1.5% (May 2022)
  9. Los Angeles: -0.3% (May 2022)…..

*****

Continue reading this article at Wolf Street.

TAKE ACTION

The Prickly Pear’s TAKE ACTION focus this year is to help achieve a winning 2024 national and state November 5th election with the removal of the Biden/Obama leftist executive branch disaster, win one U.S. Senate seat, maintain and win strong majorities in all Arizona state offices on the ballot and to insure that unrestricted abortion is not constitutionally embedded in our laws and culture.

Please click the TAKE ACTION link to learn to do’s and don’ts for voting in 2024. Our state and national elections are at great risk from the very aggressive and radical leftist Democrat operatives with documented rigging, mail-in voter fraud and illegals voting across the country (yes, with illegals voting across the country) in the last several election cycles.

Read Part 1 and Part 2 of The Prickly Pear essays entitled How NOT to Vote in the November 5, 2024 Election in Arizona to be well informed of the above issues and to vote in a way to ensure the most likely chance your vote will be counted and counted as you intend.

Please click the following link to learn more.

Chinese-Owned Chemical Giant Expanding Into U.S. Heartland Led By Members Of Communist Party, Influence Orgs thumbnail

Chinese-Owned Chemical Giant Expanding Into U.S. Heartland Led By Members Of Communist Party, Influence Orgs

By The Daily Caller

Top executives behind a Chinese chemical manufacturer planning to build two U.S. factories belong to the Chinese Communist Party (CCP) and affiliated influence outfits, a Daily Caller News Foundation investigation has found.

Capchem Technology USA, the wholly-owned subsidiary of China-based Shenzhen Capchem Technology (Capchem), is slated to build a $120 million factory in Ohio and a $350 million plant in Louisiana. At the same time, Capchem records and social media posts that the DCNF translated show the company employs dozens of CCP members. Executives at Capchem and Capchem USA have also held positions at organizations affiliated with CCP influence operations, a DCNF review of Capchem’s website, Chinese social media account and executives’ social groups found.

The DCNF’s investigation is based, in part, on information provided by the Heritage Foundation and Heritage Action. The DCNF previously reported that Capchem, which makes chemicals used for batteries in electric vehicles, has received tens of millions of dollars in subsidies from Chinese government agencies, including a blacklisted Chinese government entity that plays an instrumental role in the CCP’s “Military-Civil Fusion” efforts.

“Communist Chinese companies have no place on American soil,” New York Republican Rep. Elise Stefanik, chair of the House Republican Conference, told the DCNF. “The Communist Chinese-owned company has a concerning history of advancing CCP military technology, presenting a clear and pressing national security threat.”

A Capchem spokesperson acknowledged that “some” of its employees are CCP members, but that “the company doesn’t have exact statistics about the number of them.”

However, a DCNF review of Capchem’s Chinese social media account found that the firm reported employing 44 CCP members as of June 2020. A separate social media post from 2023 identifies Capchem President Zhou Dawen as Party Secretary of the company’s CCP branch.

A “Party branch” is the smallest “grass-roots” CCP organization, and is required in Chinese institutions containing three or more Party members, according to the Supreme People’s Procuratorate, which is China’s state organ for legal supervision.

“As a privately controlled company, Party member identity does not influence company management or operations,” the spokesperson told the DCNF.

Yet, the CCP Central Committee’s Organization Department says party committees are meant to “guide and oversee enterprises in obeying state laws and regulations, unite their employees, safeguard the legitimate rights and interests of all parties and promote the sound development of their enterprises, with a focus on carrying out the [CCP]’s principles and policies.”

In July 2019, Capchem’s own social media account shows the CCP Committee in the Pingshan District of Shenzhen recognized Zhou as an “Outstanding Party Secretary” during an event celebrating the CCP’s 98th anniversary.

“This honor doesn’t belong to me personally, it belongs to all of Capchem’s Party branch comrades,” Zhou said during the 2019 event, according to the post. “As an old CCP member, I have a responsibility and duty to do my best for the Party’s cause.”

“My experience tells me, as long as we work according to the instructions assigned by our superior Party unit, work conscientiously, obey the law and what may come, the enterprise will most certainly overcome obstacles and usher in a better future,” Zhou said.

Capchem’s spokesperson admitted Zhou is “a member, but he is at retirement age,” adding that Capchem USA “does not employ any member of the Chinese Communist Party.”

But Capchem USA executives have been affiliated with groups identified by U.S. government entities as serving CCP’s “United Front” strategy. “United Front” groups engage in “influence activities and intelligence operations,” according to the House Select Committee on the CCP.

The “United Front” system is led by the United Front Work Department (UFWD), a “Chinese intelligence service” responsible for coordinating domestic and foreign “influence operations,” according to the U.S. government-funded U.S.-China Economic and Security Review Commission.

Capchem Chairman Qin Jiusan is identified in a Louisiana business filing as a director of Capchem USA.

Qin’s company bio previously disclosed his membership in the Pingshan branch of the Chinese People’s Political Consultative Conference (CPPCC). The U.S.-China Economic and Security Review Commission identified the CPPCC as one of several “important actors within the United Front system” in a 2023 report.

The CPPCC’s English-language charter states that delegates must “uphold the leadership” of the CCP, “take advantage of the CPPCC as a United Front organization,” and “keep state secrets.”

Qin is also a member of the Pingshan branch of the All-China Federation Of Industry And Commerce (ACFIC), according to the Shenzhen municipal government and CPPCC websites.

The UFWD lists ACFIC as a “subordinate,” and ACFIC describes itself as CCP “led” and tasked with linking the CCP “with people in non-public economic activities.”

A Capchem spokesperson confirmed Qin is a “local member” of the CPPCC and ACFIC. Capchem itself is also a corporate member of ACFIC, the spokesperson added.

However, Qin’s CPPCC affiliation disappeared from his company profile after the DCNF reached out for comment.

Capchem previously scrubbed references to its products being used in “high-end military equipment” and within the “military and aerospace industries” from its website after being contacted for comment by the DCNF.

“When these companies start scrubbing their websites, it’s clear that we’re on the right track,” Mike Howell, director of The Heritage Foundation’s Oversight Project, told the DCNF.

‘Follow Closely In The Party’s Steps’

In May 2023, Capchem announced that a “top advisor” to ACFIC’s Shenzhen branch, who was also a former China Ministry of Aerospace official, inspected the firm’s headquarters and met with company chairman Qin Jiusan.

The Shenzhen UFWD’s social media account also contains posts indicating that United Front officials have inspected Capchem facilities several times, including in February 2020 and April 2022. Photos from the 2020 and 2022 inspections show Qin leading UFWD minister Li Guangming on a tour of Capchem’s headquarters.

In August 2022, Qin spoke at a UFWD event in Shenzhen, according to the Shenzhen UFWD’s social media account. In his remarks, Qin described a speech given roughly two weeks earlier by President Xi Jinping as “profound,” telling the audience it “clarified a series of major theoretical and practical questions concerning United Front work in a new era.”

“As the vice chairman of Pingshan District’s ACFIC, I will take the lead in strengthening my personal study [of Xi’s teachings],” Qin said, adding that he would also “follow closely in the party’s steps.”

“Exacerbating our reliance on companies like Capchem for the domestic manufacture of energy products would be a self-defeating mistake,” Bryan Burack, senior policy advisor for China and the Indo-Pacific at the Heritage Foundation’s Asian Studies Center, told the DCNF.

Capchem USA CEO Charlie Yao also previously belonged to an organization that the Chinese government has identified as serving the United Front, a Capchem spokesperson said.

Yao “was a member of the All-China Youth Federation from 1995-2000,” the spokesperson told the DCNF.

The All-China Youth Federation (ACYF) is a “patriotic United Front organization” that operates “under the leadership” of the CCP, according to the Chinese government.

John Dotson, deputy director of Global Taiwan Institute, called ACYF a “CCP-operated agency” and “United Front” organization.

“Any of ACYF’s officials would be subject to Party orders, Party discipline, etc.,” Dotson told the DCNF.

Capchem’s spokesperson, however, claimed that “neither Shenzhen Capchem nor Capchem USA has a relationship with individuals or entities involved in the CCP’s United Front.”

Burack told the DCNF that, given all Capchem’s CCP and United Front ties, he views the company as “part of the CCP’s influence apparatus.”

‘No Such Thing As A Private Company In China’

Capchem USA currently has plans to build chemical manufacturing facilities for electric vehicles in Lawrence County, Ohio and Ascension Parish, Louisiana.

Capchem USA also stands to benefit from U.S. government largess. Ohio’s Lawrence County recently granted Capchem USA a 50% tax break and Louisiana offered the firm a “$2 million performance-based grant for infrastructure expenses,” among other state incentives. Likewise, Capchem could also benefit from the web of subsidies in the Inflation Reduction Act, which President Joe Biden signed into law in 2022.

The company’s plans, however, have come under scrutiny from lawmakers who believe the firm’s Chinese government ties present a national security threat.

“Examples like Capchem are all the more reason we need to ensure Chinese companies are not eligible to receive U.S. taxpayer funding to further entrench our reliance on CCP-dominated supply chains in strategic industries,” Wisconsin Republican Rep. Mike Gallagher, chairman of the House Select Committee on the CCP, told the DCNF. “There is no such thing as a private company in China.”

AUTHOR

PHILIP LENCZYCKI

Investigative reporter.

RELATED ARTICLES:

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EDITORS NOTE: This Daily Caller column is republished with permission. ©All rights reserved.


All content created by the Daily Caller News Foundation, an independent and nonpartisan newswire service, is available without charge to any legitimate news publisher that can provide a large audience. All republished articles must include our logo, our reporter’s byline and their DCNF affiliation. For any questions about our guidelines or partnering with us, please contact licensing@dailycallernewsfoundation.org.

Looking to get your book published? There’s none better than Peppertree Publishing in Sarasota, Florida thumbnail

Looking to get your book published? There’s none better than Peppertree Publishing in Sarasota, Florida

By Dr. Rich Swier

We had the great pleasure of speaking with Julie Ann Bakkar, founder and publisher of Peppertree Publishing in Sarasota, Florida. As Julie Ann likes to say, “We are here for you!” And they are, trust me, because they published my latest book.

Julie Ann, along with her colleague Teri Lynn Franco, are the leaders of the proud team at Peppertree Publishing, a company that has published thousands of books for a wide variety of authors in the United States and globally.

Watch our interview with Julie Ann.

ABOUT PEPPERTREE PUBLISHING

Peppertree Publishing offers professional publishing with a personal touch!

Together Julie Ann Bakkar and Teri Lynn Franco have planted the book publishing seed and with great enthusiasm have launched this fine company to aspiring authors who have dreams and aspirations of turning their manuscripts into masterpieces.

Although based in Sarasota, Florida their authors come from all over the globe and embracing this opportunity with both hands and are able to share their untold stories worldwide. It gives Julie Ann and Teri great joy to see their authors’ faces when we present their books to them for the first time.

Peppertree Publishing set out as a goal to give voice to writers by offering a comprehensive array of genres such as: fiction, nonfiction, inspirational, religious, poetry, children’s stories, biography, autobiography, educational titles, and cookbooks.

All projects that come to the Peppertree Publishing are thoroughly screened and evaluated before acceptance and are professionally edited and enhanced by their graphic design team. Julie Ann and Teri are proud of their authors, who have incorporated meticulous research and have a passion for writing that shows how they care for their readership.

Julie Ann welcomes everyone to reach out to them by stopping by their office for a chat or take the grand tour of their website PeppertreePublishing.com and find out how you can turn your creative words into a published book.

©2024. . All rights reserved.

Young People Aren’t Nearly Angry Enough About Government Debt thumbnail

Young People Aren’t Nearly Angry Enough About Government Debt

By Laura Williams

Young people sometimes seem to wake up in the morning in search of something to be outraged about. We are among the wealthiest and most educated humans in history. But we’re increasingly convinced that we’re worse off than our parents were, that the planet is in crisis, and that it’s probably not worth having kids.

I’ll generalize here about my own cohort (people born after 1981 but before 2010), commonly referred to as Millennials and Gen Z, as that shorthand corresponds to survey and demographic data. Millennials and Gen Z have valid economic complaints, and the conditions of our young adulthood perceptibly weakened traditional bridges to economic independence. We graduated with record amounts of student debt after President Obama nationalized that lending. Housing prices doubled during our household formation years due to zoning impediments and chronic underbuilding. Young Americans say economic issues are important to us, and candidates are courting our votes by promising student debt relief and cheaper housing (which they will never be able to deliver).

Young people, in our idealism and our rational ignorance of the actual appropriations process, typically support more government intervention, more spending programs, and more of every other burden that has landed us in such untenable economic circumstances to begin with. Perhaps not coincidentally, young people who’ve spent the most years in the increasingly partisan bubble of higher education are also the most likely to favor expanded government programs as a “solution” to those complaints.

It’s Your Debt, Boomer

What most young people don’t yet understand is that we are sacrificing our young adulthood and our financial security to pay for debts run up by Baby Boomers. Part of every Millennial and Gen-Z paycheck is payable to people the same age as the members of Congress currently milking this system and miring us further in debt.

Our government spends more than it can extract from taxpayers. Social Security, which represents 20 percent of government spending, has run an annual deficit for 15 years. Last year Social Security alone overspent by $22.1 billion. To keep sending out checks to retirees, Social Security goes begging to the Treasury Department, and the Treasury borrows from the public by issuing bonds. Bonds allow investors (who are often also taxpayers) to pay for some retirees’ benefits now, and be paid back later. But investors only volunteer to lend Social Security the money it needs to cover its bills because the (younger) taxpayers will eventually repay the debt — with interest.

In other words, both Social Security and Medicare, along with various smaller federal entitlement programs, together comprising almost half of the federal budget, have been operating for a decade on the principle of “give us the money now, and stick the next generation with the check.” We saddle future generations with debt for present-day consumption.

The second largest item in the budget after Social Security is interest on the national debt — largely on Social Security and other entitlements that have already been spent. These mandatory benefits now consume three quarters of the federal budget: even Congress is not answerable for these programs. We never had the chance for our votes to impact that spending (not that older generations were much better represented) and it’s unclear if we ever will.

Young Americans probably don’t think much about the budget deficit (each year’s overspending) or the national debt (many years’ deficits put together, plus interest) much at all. And why should we? For our entire political memory, the federal government, as well as most of our state governments, have been steadily piling “public” debt upon our individual and collective heads. That’s just how it is. We are the frogs trying to make our way in the watery world as the temperature ticks imperceptibly higher. We have been swimming in debt forever, unaware that we’re being economically boiled alive.

Millennials have somewhat modest non-mortgage debt of around $27,000 (some self-reports say twice that much), including car notes, student loans, and credit cards. But we each owe more than $100,000 as a share of the national debt. And we don’t even know it.

When Millennials finally do have babies (and we are!) that infant born in 2024 will enter the world with a newly minted Social Security Number and $78,089 credit card bill for Granddad’s heart surgery and the interest on a benefit check that was mailed when her parents were in middle school.

Headlines and comments sections love to sneer at “snowflakes” who’ve just hit the “real world,” and can’t figure out how to make ends meet, but the kids are onto something. A full 15 percent of our earnings are confiscated to pay into retirement and healthcare programs that will be insolvent by the time we’re old enough to enjoy them. The Federal Reserve and government debt are eating the economy. The same interest rates that are pushing mortgages out of reach are driving up the cost of interest to maintain the debt going forward. As we learn to save and invest, our dollars are slowly devalued. We’re right to feel trapped.

Sure, if we’re alive and own a smartphone, we’re among the one percent of the wealthiest humans who’ve ever lived. Older generations could argue (persuasively!) that we have no idea what “poverty” is anymore. But with the state of government spending and debt…we are likely to find out.

Despite being richer than Rockefeller, Millennials are right to say that the previous ways of building income security have been pushed out of reach. Our earning years are subsidizing not our own economic coming-of-age, but bank bailouts, wars abroad, and retirement and medical benefits for people who navigated a less-challenging wealth-building landscape.

Redistribution goes both ways. Boomers are expected to pass on tens of trillions in unprecedented wealth to their children (if it isn’t eaten up by medical costs, despite heavy federal subsidies) and older generations’ financial support of the younger has had palpable lifting effects. Half of college costs are paid by families, and the trope of young people moving back home is only possible if mom and dad have the spare room and groceries to make that feasible.

Government “help” during COVID-19 resulted in the worst inflation in 40 years, as the federal government spent $42,000 per citizen on “stimulus” efforts, right around a Millennial’s average salary at that time. An absurd amount of fraud was perpetrated in the stimulus to save an economy from the lockdown that nearly ruined it. Trillions in earmarked goodies were rubber stamped, carelessly added to young people’s growing bill. Government lenders deliberately removed fraud controls, fearing they couldn’t hand out $800 billion in young people’s future wages away fast enough. Important lessons were taught by those programs. The importance of self-sufficiency and the dignity of hard work weren’t top of the list.

Boomer Benefits are Stagnating Hiring, Wages, and Investment for Young People

Even if our workplace engagement suffered under government distortions, Millennials continue to work more hours than other generations and invest in side hustles and self employment at higher rates. Working hard and winning higher wages almost doesn’t matter, though, when our purchasing power is eaten from the other side. Buying power has dropped 20 percent in just five years. Life is $11,400/year more expensive than it was two years ago and deficit spending is the reason why.

We’re having trouble getting hired for what we’re worth, because it costs employers 30 percent more than just our wages to employ us. The federal tax code both requires and incentivizes our employers to transfer a bunch of what we earned directly to insurance companies and those same Boomer-busted federal benefits, via tax-deductible benefits and payroll taxes. And the regulatory compliance costs of ravenous bureaucratic state. The price paid by each employer to keep each employee continues to rise — but Congress says your boss has to give most of the increase to someone other than you.

Federal spending programs that many people consider good government, including Social Security, Medicare, Medicaid, and health insurance for children (CHIP) aren’t a small amount of the federal budget. Government spends on these programs because people support and demand them, and because cutting those benefits would be a re-election death sentence. That’s why they call cutting Social Security the “third rail of politics.” If you touch those benefits, you die. Congress is held hostage by Baby Boomers who are running up the bill with no sign of slowing down.

Young people generally support Social Security and the public health insurance programs, even though a 2021 poll by Nationwide Financial found 47 percent of Millennials agree with the statement “I will not get a dime of the Social Security benefits I have earned.”

In the same survey, Millennials were the most likely of any generation to believe that Social Security benefits should be enough to live on as a sole income, and guessed the retirement age was 52 (it’s 67 for anyone born after 1959 — and that’s likely to rise). Young people are the most likely to see government guarantees as a valid way to live — even though we seem to understand that those promises aren’t guarantees at all.

Healthcare costs tied to an aging population and wonderful-but-expensive growth in medical technologies and medications will balloon over the next few years, and so will the deficits in Boomer benefit programs. Newly developed obesity drugs alone are expected to add $13.6 billion to Medicare spending. By 2030, every single Baby Boomer will be 65, eligible for publicly funded healthcare.

The first Millennial will be eligible to claim Medicare (assuming the program exists and the qualifying age is still 65, both of which are improbable) in 2046. As it happens, that’s also the year that the Boomer benefits programs (which will then be bloated with Gen Xers) and the interest payments we’re incurring to provide those benefits now, are projected to consume 100 percent of federal tax revenue.

Government spending is being transferred to bureaucrats and then to the beneficiaries of government spending who are, in some sense, your diabetic grandma who needs a Medicare-paid dialysis treatment, but in a much more immediate sense, are the insurance companies, pharma giants, and hospital corporations who wrote the healthcare legislation. Some percentage of every college graduate’s paycheck buys bullets that get fired at nothing and inflating the private investment portfolios of government contractors, with dubious, wasteful outcomes from the prison-industrial complex to the perpetual war machine.

No bank or nation in the world can lend the kind of money the American government needs to borrow to fulfill its obligations to citizens. Someone will have to bite the bullet. Even some of the co-authors of the current disaster are wrestling with the truth.

Forget avocado toast and streaming subscriptions. We’re already sensing it, but we haven’t yet seen it. Young people are not well-informed, and often actively misled, about what’s rotten in this economic system. But we are seeing the consequences on store shelves and mortgage contracts and we can sense disaster is coming. We’re about to get stuck with the bill.

*****

This article was published by AIER, American Institute For Economic Research, and is reproduced with permission.

Image Credit: Shutterstock

TAKE ACTION

The Prickly Pear’s TAKE ACTION focus this year is to help achieve a winning 2024 national and state November 5th election with the removal of the Biden/Obama leftist executive branch disaster, win one U.S. Senate seat, maintain and win strong majorities in all Arizona state offices on the ballot and to insure that unrestricted abortion is not constitutionally embedded in our laws and culture.

Please click the TAKE ACTION link to learn to do’s and don’ts for voting in 2024. Our state and national elections are at great risk from the very aggressive and radical leftist Democrat operatives with documented rigging, mail-in voter fraud and illegals voting across the country (yes, with illegals voting across the country) in the last several election cycles.

Read Part 1 and Part 2 of The Prickly Pear essays entitled How NOT to Vote in the November 5, 2024 Election in Arizona to be well informed of the above issues and to vote in a way to ensure the most likely chance your vote will be counted and counted as you intend.

Please click the following link to learn more.

Biden’s New Rule on Auto Emissions Will Accelerate Death Spiral for Auto Manufacturers thumbnail

Biden’s New Rule on Auto Emissions Will Accelerate Death Spiral for Auto Manufacturers

By Ronald Stein

For one of the wealthier countries on this planet, America, with 330 million that represents about 4% of the world’s 8 billion on this planet, President Biden is speeding ahead with EV mandates to ditch most new gas cars by 2030.

Biden may not be cognizant that 80 percent of the 8 billion on this planet earning less than $10 a day, which is more than 6 billion on this earth, may never be able to enjoy the materialistic living styles of those in wealthier countries, nor ever own an automobile.

In America, the elites have bought EV’s, and the elites may continue to buy EV’s, BUT we’re quickly running out of elites!

  • The average debt in America is almost $60,000 across credit cards, mortgages, auto loans, and student loans.
  • The common folk need a workhorse vehicle, not just a second car toy that sits in the garage to be used on short ventures!
  • The current EV ownership profiles are reflected in the oligarchic elite that are highly educated, highly compensated, multi-car families, with low mileage requirements for the families second car.
  • Current EV owner profiles are dramatically different from most vehicle owners as they are single-car owners, not as highly educated, nor as highly compensated, and have higher mileage requirements for their workhorse vehicle.

Mandating a change to EV ownership and further austerity onto those that can least afford, the Nation and the other 96% on this planet may face a rebellion from those that need transportation.

Biden seems to be oblivious to the fact that there are more than 1.4 billion vehicles in the world, and almost 300 million trucks in the world, there’s been a mandate movement to have EV’s replace ICE vehicles to reduce emissions from the vehicular transportation sector.

Well, to-date, the mandate to EV’s has been a failure as we’re running short of elites that are buying them, and the auto manufacturers are starting to absorb the financial hits !

The previous worldwide gasoline usage peak was in 2019 before the Pandemic.

  • Today, there are 30 million EVs on the world’s roads that are owned by the elites that can afford them, and are mainly 2nd vehicles parked in the garage, or with low mileage usage, vs the high mileage workhorse vehicles that are internal combustion engines.
  • Today, there are also hundreds of millions of workers that now work virtually since the Pandemic and thus do not “drive” to work as often.

Well, even with those 30 million EV’s and millions of workers not driving as much, gasoline usage continues to rise. The International Energy Agency (IEA) reports that global gasoline consumption in 2023 blew past the pre-lockdown 2019 peak !

By re-enforcing the mandates to EV’s, Biden is forcing automobile manufacturers into a death spiral, as most of the 8 billion on this planet will never be able to afford an EV !

*****

This article was published by The Heartland Institute and is reproduced with permission.

TAKE ACTION

The Prickly Pear’s TAKE ACTION focus this year is to help achieve a winning 2024 national and state November 5th election with the removal of the Biden/Obama leftist executive branch disaster, win one U.S. Senate seat, maintain and win strong majorities in all Arizona state offices on the ballot and to insure that unrestricted abortion is not constitutionally embedded in our laws and culture.

Please click the TAKE ACTION link to learn to do’s and don’ts for voting in 2024. Our state and national elections are at great risk from the very aggressive and radical leftist Democrat operatives with documented rigging, mail-in voter fraud and illegals voting across the country (yes, with illegals voting across the country) in the last several election cycles.

Read Part 1 and Part 2 of The Prickly Pear essays entitled How NOT to Vote in the November 5, 2024 Election in Arizona to be well informed of the above issues and to vote in a way to ensure the most likely chance your vote will be counted and counted as you intend.

Please click the following link to learn more.

Digital World Acquisition Corp. Stockholders Approve the Proposed Merger With Trump Media & Technology Group Corp. thumbnail

Digital World Acquisition Corp. Stockholders Approve the Proposed Merger With Trump Media & Technology Group Corp.

By Dr. Rich Swier

MIAMI, FL / ACCESSWIRE / March 22, 2024 / Digital World Acquisition Corp. (“Digital World” or the “Company“) announced today that the Company’s stockholders voted to approve, among other things, the proposed merger (the “Merger” and together with the other transactions contemplated by the Merger Agreement, as defined below, the “Business Combination“) of DWAC Merger Sub Inc., a Delaware corporation and wholly owned subsidiary of the Company (“Merger Sub“), with and into Trump Media & Technology Group Corp., a Delaware corporation (“TMTG“), pursuant to an Agreement and Plan of Merger, dated as of October 20, 2021 (as amended by the First Amendment to the Agreement dated May 11, 2022, the Second Amendment to the Agreement, dated August 9, 2023, the Third Amendment to the Agreement, dated September 29, 2023, and as it may further be amended or supplemented from time to time, the “Merger Agreement“).

The vast majority of the votes cast at the meeting voted to approve the Business Combination.

Following the Business Combination, TMTG will continue as the surviving corporation and as a wholly owned subsidiary of the Company (after giving effect to the consummation of the Business Combination, “Trump Media & Technology Group Corp.“). The common stock of Trump Media & Technology Group Corp., following the consummation of the Business Combination, is anticipated to begin trading on the Nasdaq Stock Market LLC (“Nasdaq“) under the ticker symbols “DJT” and “DJTWW.”

The formal results of the vote were included in a Current Report on Form 8-K filed by the Company with the Securities and Exchange Commission on March 22, 2024.

“We are immensely grateful to our stockholders and our working group for their continued trust and support. This vote underscores their confidence in the merger with TMTG and the path we have set for the future. With many of our headwinds behind us, we look forward to working with TMTG and our dedicated team to close this merger. It’s exactly one year after my appointment as the CEO of Digital World, and this milestone not only reflects the progress we’ve made but also reaffirms our commitment to this strategic direction. I am particularly grateful for the opportunity to lead Digital World and the trust we received today from our shareholders. Looking forward, I am excited to aim to continue to drive value and success for our company as a director of TMTG once we become a public company,” said Eric Swider, CEO of Digital World.

“This accomplishment shows the unshakeable commitment of Digital World, its investors, and the entire Truth Social workforce to creating a movement to defend free expression on the Internet,” said TMTG CEO Devin Nunes. “As we transition into a public company, we look forward to greatly enhancing and expanding Truth Social and providing Americans with an enduring safe harbor from Big Tech’s stifling censorship and suppression.”

Advisors

Paul Hastings LLP acted as legal counsel to Digital World.

Nelson Mullins Riley & Scarborough LLP acted as legal counsel to TMTG.

EF Hutton, LLC served as sole underwriter and exclusive placement agent for Digital World.

About Digital World Acquisition Corp.
Digital World Acquisition Corp. (Nasdaq: DWAC) is a special purpose acquisition company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. To learn more, visit www.dwacspac.com.

About TMTG
The mission of TMTG is to end Big Tech’s assault on free speech by opening up the Internet and giving people their voices back. TMTG operates Truth Social, a social media platform established as a safe harbor for free expression amid increasingly harsh censorship by Big Tech corporations.

Forward-Looking Statements
This press release contains certain forward-looking statements within the meaning of the federal securities laws with respect to the proposed Business Combination between the Company and TMTG. These forward-looking statements generally are identified by the words “aim,” “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “plan,” “may,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result” and similar expressions, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties.

Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to: (i) the risk that the Business Combination may not be completed in a timely manner, by Digital World’s Business Combination deadline or at all, which may adversely affect the price of Digital World’s securities, (ii) the failure to satisfy the conditions to the consummation of the Business Combination, (iii) the risk that certain ongoing or new disputes and disagreements with the sponsor or related to certain TMTG stockholders may be not resolved and delay or ultimately prevent the consummation of the Business Combination, (iv) the lack of a third-party fairness opinion in determining whether or not to pursue the proposed Business Combination, (v) the occurrence of any event, change or other circumstance that could give rise to the termination of the Merger Agreement, (vi) the failure to achieve the minimum amount of cash, (vii) redemptions exceeding a maximum threshold or the failure to meet The Nasdaq Stock Market’s initial listing standards in connection with the consummation of the contemplated transactions, (viii) the effect of the announcement or pendency of the Business Combination on TMTG’s business relationships, operating results, and business generally, (ix) risks that the Business Combination disrupts current plans and operations of Digital World, (x) the outcome of any legal proceedings that may be instituted against TMTG or against Digital World related to the Merger Agreement or the Business Combination, (xi) the risk of any investigations by the SEC or other regulatory authority relating to any future financing, the Merger Agreement or the Business Combination and the impact they may have on consummating the transactions, (xii) Truth Social, TMTG’s initial product, and its ability to generate users and advertisers, (xiii) changes in domestic and global general economic conditions, (xiv) the risk that TMTG may not be able to execute its growth strategies, (xv) risks related to the future pandemics and response and geopolitical developments, (xvi) risk that TMTG may not be able to develop and maintain effective internal controls, (xvii) costs related to the Business Combination and the failure to realize anticipated benefits of the Business Combination or to realize estimated pro forma results and underlying assumptions, including with respect to estimated stockholder redemptions, (xviii) Digital World’s ability to timely comply with Nasdaq’s rules and complete the Business Combination, (xix) risks that Digital World or TMTG may elect not to proceed with the Business Combination, and (xx) those factors discussed in Digital World’s filings with the SEC, including in the Registration Statement. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties that are described in the “Risk Factors” section of the Registration Statement, the Proxy Statement and any related supplements, and in Digital World’s Annual Report on Form 10-K, as amended, for the year ended December 31, 2022, as filed with the SEC on October 30, 2023 and January 9, 2024 and in other reports Digital World files with the SEC. You should not place undue reliance on any forward-looking statements, which are based only on information currently available to Digital World (or to third parties making the forward-looking statements).

These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and while Digital World and TMTG may elect to update these forward-looking statements at some point in the future, they assume no obligation to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise. Neither Digital World nor TMTG gives any assurance that Digital World, TMTG, or the combined company, will achieve its expectations.

Contact Information
Investor Relations to DWAC:
Name: Alex Cano
Email: investorrelations@dwacspac.com
Investor Relations to Trump Media & Technology Group Corp.:
Name: Shannon Devine (MZ Group | Managing Director – MZ North America)
Email: shannon.devine@mzgroup.us

SOURCE: Digital World Acquisition Corp.

©2024. Dr. Rich Swier. All rights reserved.

RELATED ARTICLE: Trump Social Media Company Merger APPROVED, Trump’s Windfall Upwards of $3 Billion or More

Trump Social Media Company Merger APPROVED, Trump’s Windfall Upwards of $3 Billion or More thumbnail

Trump Social Media Company Merger APPROVED, Trump’s Windfall Upwards of $3 Billion or More

By The Geller Report

Shareholders have just voted to make Trump Media & Technology Group, the parent company of Truth Social, a publicly traded company. This could net Trump a windfall of $4 billion.

The President would need to seek a waiver to liquidate his stock before the end of a lockup period in order to use the cash to secure a $450 million bond in the Letitia James, “Get Trump” fraud case to then appeal the decision.

Trump has nearly $500 million in cash, but experts claim he needs $1 billion in cash to secure a bond that size.

TMTG stock will trade on Nasdaq as “DJT” as early as next week. F*ck Letitia James. Buy it.

Trump social media company will go public as DWAC shareholders approve merger

By: Dan Mangan, CNBC, March 22, 2024:

  • Shareholders in Digital World Acquisition Corporation voted to approve a merger with Donald Trump’s social media company.
  • The tie-up could net the former Republican president an eventual windfall of $3 billion or more.
  • The vote by DWAC shareholders comes two-and-a-half years after that so-called SPAC announced plans to merge with Trump Media & Technology Group, which owns the Truth Social app platform.
  • It also comes as Trump faces the possibility that New York Attorney General Letitia James will start trying to collect on a massive $454 million civil fraud judgment against him next week.

Shareholders in Digital World Acquisition Corporation voted Friday to approve a merger with Donald Trump’s social media company, a deal that could net the former president an eventual windfall of $3 billion or more.

The vote by DWAC shareholders comes about two-and-a-half years after the so-called special purpose acquisition company announced plans to merge with Trump Media & Technology Group, the private firm that owns the Truth Social app platform.

It also comes as Trump faces the possibility that New York Attorney General Letitia James on Monday will start trying to collect on a massive $454 million civil fraud judgment against him.

Shares in the newly combined company, Trump Media, could begin to be publicly traded next week under the stock symbol DJT, Trump’s initials.

Continue reading.

AUTHOR

Pamela Geller

RELATED ARTICLES:

DWAC shares soar as merger with Trump social media company appears closer

Trump’s Truth Social To Go Public Via Merger With DWAC

EDITORS NOTE: This Geller Report is republished with permission. ©All rights reserved.

Biden’s New Zero Agenda Spells Trouble Down On The Farm And Supermarket thumbnail

Biden’s New Zero Agenda Spells Trouble Down On The Farm And Supermarket

By Bonner Cohen

Feeling the heat from farmers dumping manure in front of government buildings across the Continent, European Commission President Ursula von der Leyen is pumping the brakes on a pillar of the European Union’s Net-Zero climate policy and withdrawing an EU-wide bill that would force farmers to reduce the use of chemical pesticides by 50% by 2030.

With elections to the European Parliament in Brussels set for later this year, backing away from one of Net-Zero’s most radical measures is an act of political realism. Europe is being rocked by soaring energy and food prices, much of it brought on by the political class’s obsession with lowering greenhouse gas emissions from all sources, including agriculture. With peasants running amok, the “climate crisis” will just have to wait.

Blissfully oblivious to what’s happening across the pond, the Biden administration is doubling down on its own version of Net-Zero emissions, and the American public may be in for some nasty surprises. And a new report by the Columbus, Ohio-based Buckeye Institute shows just how nasty those surprises will be. The report “Net-Zero Climate-Control Policies Will Fail the Farm”, was authored by Trevor W. Lewis and M. Ankith Reddy.

The problems start with provisions in the 2022 Inflation Reduction Act and Biden administration regulations favoring EVs over traditionally-powered vehicles in the agricultural sector, the report says.

Forced Transition to EVs

“First, EVs are significantly less reliable and more expensive to purchase repair, power, and maintain than combustion engine vehicles, making them impractical and ill-suited to working farms. Farm equipment must be durable and capable of operating in all weather conditions,” the Buckeye report points out. “Tractors and farm equipment must operate in off-road environments on poorly paved roads under constant risk of collisions that can permanently damage an electric vehicle’s sensitive parts, rendering it useless.”

“EV batteries drain faster in extreme cold and heat, and EVs lose range in the rain due to lower resistance between the car and the road and power diversion to the windshield wipers and headlights…Replacing an electric vehicle battery typically costs from $5,000 – $15,000, and general EV repairs require more labor and cost 25% more than standard vehicles,” the report adds.

“These reliability and financial concerns make EVs unattractive as farm equipment and make running a successful farm more expensive, but Biden administration rules will all but force farmers to buy or subsidize them anyway,” Lewis and Reddy note.

Reliance on Intermittent Energy

“Second, a nationwide transition to electric energy depends entirely on intermittent, unreliable zero-emission sources of electric power, namely wind and solar. Wind and solar do not produce power consistently throughout the day, and the variation in renewable power makes it harder for operators to schedule power demand, which makes energy prices volatile and ultimately more expensive,” the report says.

Easing the strains intermittent power puts on an already shaky electric grid requires bringing more natural gas power plants online, lest the country face more blackouts and brownouts. But in July 2023, the report notes, the White House Council on Environmental Quality increased the bureaucratic red tape on the approval of new natural gas projects.

“The Biden administration’s efforts to force farmers to adopt electric equipment ill-suited to farming and to replace natural gas generators with unreliable renewable energy sources is a recipe for unsustainable farming. Unfortunately, Washington’s central planners seem oblivious to that stubborn fact and remain committed to making Europe’s mistakes,” Buckeye points out.

Tracking Emissions from Farm to Table

American farmers also find themselves in the bull’s eye of ESG (environmental, social, and governance) reporting requirements proposed by the Biden White House. In March 2022, the Securities and Exchange Commission (SEC) proposed a mandatory ESG disclosure rule that would apply to every publicly traded company. “The rule would mandate costly ESG emissions reporting for a firm’s entire supply chain, requiring large publicly traded food processing companies, grocery stores, and restaurant groups to track and report emissions from farm to table,” the report explains. “Large companies looking to reduce their overall emissions would stop purchasing food from farms with high emission rates, once again applying financial costs and pressures to the American farmer.”

“With its heavy use of artificial fertilizers and fossil fuels, livestock methane emissions, weed and bug sprays, and genetically modified crops, agriculture has been targeted by ESG fiduciaries,” Lewis and Reddy note. And now, farmer Brown is being targeted by the Biden SEC.

The EU calls one of its Net-Zero agriculture programs “Farm to Fork.” But Europe’s farmers are in open revolt, and the powers that be in Brussels have taken notice. And the SEC’s power grab may also be in for some rough sledding. The Biden plan faces a stiff court challenge, with plaintiffs arguing that the SEC – under the “major questions doctrine” adopted by the current Supreme Court – lacks congressional authority to regulate an industry’s, including agriculture, entire supply chain.

*****

This article was published by CFACT, Committee For A Constructive Tomorrow, and is reproduced with permission.

Image Credit: Wikimedia Commons

TAKE ACTION

The Prickly Pear’s TAKE ACTION focus this year is to help achieve a winning 2024 national and state November 5th election with the removal of the Biden/Obama leftist executive branch disaster, win one U.S. Senate seat, maintain and win strong majorities in all Arizona state offices on the ballot and to insure that unrestricted abortion is not constitutionally embedded in our laws and culture.

Please click the TAKE ACTION link to learn to do’s and don’ts for voting in 2024. Our state and national elections are at great risk from the very aggressive and radical leftist Democrat operatives with documented rigging, mail-in voter fraud and illegals voting across the country (yes, with illegals voting across the country) in the last several election cycles.

Read Part 1 and Part 2 of The Prickly Pear essays entitled How NOT to Vote in the November 5, 2024 Election in Arizona to be well informed of the above issues and to vote in a way to ensure the most likely chance your vote will be counted and counted as you intend.

Please click the following link to learn more.

How Did American Capitalism Mutate Into American Corporatism? thumbnail

How Did American Capitalism Mutate Into American Corporatism?

By Jeffrey Tucker

In the 1990s and for years into our century, it was common to ridicule the government for being technologically backwards. We were all gaining access to fabulous things, including webs, apps, search tools, and social media. But governments at all levels were stuck in the past using IBM mainframes and large floppy disks. We had a great time poking fun at them.

I recall the days of thinking government would never catch up to the glories and might of the market itself. I wrote several books on it, full of techno-optimism.

The new tech sector had a libertarian ethos about it. They didn’t care about the government and its bureaucrats. They didn’t have lobbyists in Washington. They were the new technologies of freedom and didn’t care much about the old analogue world of command and control. They would usher in a new age of people power.

Here we sit a quarter-century later with documented evidence that the opposite happened. The private sector collects the data that the government buys and uses as a tool of control. What is shared and how many people see it is a matter of algorithms agreed upon by a combination of government agencies, university centers, various nonprofits, and the companies themselves. The whole thing has become an oppressive blob.

Every major company that once stayed far away from Washington now owns a similar giant palace in or around D.C., and they collect tens of billions in government revenue. Government has now become a major customer, if not the main customer, of the services provided by the large social media and tech companies. They are advertisers but also massive purchasers of the main product too.

Amazon, Microsoft, and Google are the biggest winners of government contracts, according to a report from Tussel. Amazon hosts the data of the National Security Agency with a $10 billion contract, and gets hundreds of millions from other governments. We do not know how much Google has received from the US government, but it is surely a substantial share of the $694 billion the federal government hands out in contracts.

Microsoft also has a large share of government contracts. In 2023, the US Department of Defense awarded the Joint Warfighter Cloud Capability contract to Microsoft, Amazon, Google, and Oracle. The contract is worth up to $9 billion and provides the Department of Defense with cloud services. It’s just the beginning. The Pentagon is looking for a successor plan that will be bigger.

Actually, we don’t even know the full extent of this but it is gargantuan. Yes, these companies provide the regular consumer services but a main and even decisive customer is government itself. As a result, the old laughing stock line about backwards tech at government agencies is no more. Today government is a main purchaser of tech services and is a top driver of the AI boom too.

It’s one of the best-kept secrets in American public life, hardly talked about at all by mainstream media. Most people still think of tech companies as free-enterprise rebels. It’s not true.

The same situation of course exists for pharmaceutical companies. This relationship dates even further back in time and is even tighter to the point that there is no real distinction between the interests of the FDA/CDC and large pharmaceutical companies. They are one and the same.

In this framework, we might also tag the agricultural sector, which is dominated by cartels that have driven out family farms. It’s a government plan and massive subsidies that determine what is produced and in what quantity. It’s not because of consumers that your Coke is filled with a scary product called “high fructose corn syrup,” why your candy bar and danish have the same, and why there is corn in your gas tank. This is entirely the product of government agencies and budgets.

In free enterprise, the old rule is that the customer is always right. That’s a wonderful system sometimes called consumer sovereignty. Its advent in history, dating perhaps from the 16th century, represented a tremendous advance over the old guild system of feudalism and certainly a major step over ancient despotisms. It’s been the rallying cry of market-based economics ever since.

What happens, however, when government itself becomes a main and even dominant customer? The ethos of private enterprise is thereby changed. No longer primarily interested in serving the general public, enterprise turns its attention to serving its powerful masters in the halls of the state, gradually weaving close relationships and forming a ruling class that becomes a conspiracy against the public.

This used to go by the name “crony capitalism” which perhaps describes some of the problems on a small scale. This is another level of reality that needs an entirely different name. That name is corporatism, a coinage from the 1930s and a synonym for fascism back before that became a curse word due to wartime alliances. Corporatism is a specific thing, not capitalism and not socialism but a system of private property ownership with cartelized industry that primarily serves the state.

The old binaries of the public and private sector – widely assumed by every main ideological system –have become so blurred that they no longer make much sense. And yet we are ideologically and philosophically unprepared to deal with this new world with anything like intellectual insight. Not only that, it can be extremely difficult even to tell the good guys from the bad guys in the news stream. We hardly know anymore for whom to cheer or boo in the great struggles of our time.

That’s how mixed up everything has become. We’ve clearly traveled a long way from the 1990s!

Some might observe that this has been a problem far back in time. Starting with the Spanish-American War, we’ve seen a merger of public and private as involving the munitions industry.

This is true. Many Gilded Age fortunes were wholly legitimate and market-based enterprises but others were gathered from the nascent military-industrial complex that began to mature in the Great War and involved a vast range of industries from industry to transportation to communications.

Of course in 1913, we saw the advent of a particularly egregious public-private partnership with the Federal Reserve, in which private banks merged into a unified front and agreed to service US government debt obligations in exchange for bailout guarantees. This monetary corporatism continues to vex us to this day, as does the military industrial complex.

How is it different from the past? It’s different in degree and reach. The corporatist machine now manages the main products and services in our civilian life including the entire way we get information, how we work, how we bank, how we contact friends, and how we buy. It is the manager of the whole of our lives in every respect, and has become the driving force of product innovation and design. It has become a tool for surveillance in the most intimate aspects of our lives, including financial information and inclusive of listening devices we’ve willingly installed in our own homes.

In other words, this is no longer just about private companies providing the bullets and bombs for both sides in a foreign war and obtaining the rebuilding contracts after. The military-industrial complex has come home, expanded to everything, and invaded every aspect of our lives. 

It has become a main curator and censor of our news and social media presence and postings. It is in a position to say which companies and products succeed and which ones fail. It can kill apps in a flash if the well-placed person does not like what it is doing. It can order other apps to add or subtract to a blacklist based on political opinions. It can tell even the smallest company to comply or face death by lawfare. It can seize on any individual and make him a public enemy based entirely on an opinion or action that runs contrary to regime priorities.

In short, this corporatism – in all its iterations including the regulatory state and the patent war chest that maintains and enforces monopoly – is the core source of all the current despotism. 

It obtained its first full trial run with the lockdowns of 2020, when tech companies and media joined in the ear-splitting propaganda campaigns to shelter in place, cancel holidays, and not visit grandma in the hospital and nursing home. It cheered as millions of small businesses were destroyed and big-box stores thrived as distributors of approved products, while vast swaths of the workforce were called nonessential and put on welfare.

This was the corporatist state at work, with a large corporate sector wholly acquiescent to regime priority and a government fully dedicated to rewarding its industrial partners in every sector that went along with the political priority at the moment. The trigger for the construction of the vast machinery that rules our lives was far back in time and always begins the same way: with a seemingly inauspicious government contract.

How well I recall those days in the 1990s when public schools first started to buy computers from Microsoft. Did alarm bells go off? Not for me. I had a typical attitude of any pro-business libertarian: whatever business wants to do, it should do. Surely it is up to the enterprise to sell to all willing buyers, even if that includes governments. In any case, how in the world would one prevent this? Government contracting with private business has been the norm from time immemorial. No harm done.

And yet it turns out that vast harm was done. This was just the beginning of what became one of the world’s largest industries, far more powerful and decisive over industrial organization than old-fashioned producer-to-consumer markets. Adam Smith’s “butcher, baker, and brewery” have been crowded out by the very business conspiracies against which he gravely warned. These gigantic for-profit and public trading corporations became the operational foundation of the surveillance-driven corporatist complex.

We are nowhere near coming to terms with the implications of this. It goes way beyond and fully transcends the old debates between capitalism and socialism. Indeed that is not what this is about. The focus on that might be theoretically interesting but it has little or no relevance to the current reality in which public and private have fully merged and intruded into every aspect of our lives, and with fully predictable results: economic decline for the many and riches for the few.

This is also why neither the left nor the right, nor Democrats or Republicans, nor capitalists or socialists, seem to be speaking clearly to the moment in which we live. The dominating force on both the national and global scene today is techno-corporatism that intrudes itself into our food, our medicine, our media, our information flows, our homes, and all the way down to the hundreds of surveillance tools that we carry around in our pockets.

I truly wish these companies were genuinely private, but they are not. They are de facto state actors. More precisely, they all work hand-in-glove and which is the hand and which is the glove is no longer clear. 

Coming to terms with this intellectually is the major challenge of our times. Dealing with it juridically and politically seems like a much more daunting task, to say the least. The problem is complicated by the drive to purge serious dissent at all levels of society. How did American capitalism become American corporatism? A little at a time and then all at once.

*****

This article was published by the Brownstone Institute and is reproduced with permission.

TAKE ACTION

The Prickly Pear’s TAKE ACTION focus this year is to help achieve a winning 2024 national and state November 5th election with the removal of the Biden/Obama leftist executive branch disaster, win one U.S. Senate seat, maintain and win strong majorities in all Arizona state offices on the ballot and to insure that unrestricted abortion is not constitutionally embedded in our laws and culture.

Please click the TAKE ACTION link to learn to do’s and don’ts for voting in 2024. Our state and national elections are at great risk from the very aggressive and radical leftist Democrat operatives with documented rigging, mail-in voter fraud and illegals voting across the country (yes, with illegals voting across the country) in the last several election cycles.

Read Part 1 and Part 2 of The Prickly Pear essays entitled How NOT to Vote in the November 5, 2024 Election in Arizona to be well informed of the above issues and to vote in a way to ensure the most likely chance your vote will be counted and counted as you intend.

Please click the following link to learn more.

NORTH CAROLINA: Biden’s Weaponized DOJ Prosecutes & Fines Printing Company $30,000 for Upholding Immigration Laws thumbnail

NORTH CAROLINA: Biden’s Weaponized DOJ Prosecutes & Fines Printing Company $30,000 for Upholding Immigration Laws

By Geoff Ross

A North Carolina printing company Printful, Inc. must pay more than $30,000 for violating installed Marxist President Joe Biden’s “protect illegal immigrants policy”

Biden’s weaponized U.S. Department of Justice (DOJ) sued the printing company when they asked to see an employees Green Card which authorizes work and legal status in the United States.

Biden’s DOJ stated the individual had already proved her permission to work by submitting a Social Security card and driver’s license.

Civil Rights Division’s Immigrant and Employee’s Rights poster poster reads “If you have the right to work, don’t let anyone take it away.”

It directs applicants to call 1-800-255-7688 if an employer:

  1. Does not hire you or fires you because of your national origin or citizenship status
  2. Treats you unfairly while checking your right to work in the U.S., including while completing the Form I-9 or using E-Verify
  3. Retaliates against you because you are speaking up for your right to work as protected by this law.

A social security number is only valid 90 days when entering the USA as a legal permanent resident.

It is only re-adjudicated as an indefinite social security number after the Department of Homeland Security approves and issues the Green Card and or EAD or Employment Authorization Document.

A social security number and a drivers license does not authorize an individual who is a new legal immigrant to work in the USA. Thus the company was following congressional law when they requested proof of legal residency.

Biden’s weaponized DOJ are violating congressional law and maliciously prosecuted this company as a warning to other companies not to ask for proof of legal permanent residency.

The DOJ’s Assistant Attorney General Kristen Clarke of the Justice Department’s Civil Rights Division stated: “Companies cannot reject workers’ valid documents or require specific or unnecessary documents based on citizenship status when checking their permission to work.”

A Green Card is not an unnecessary document it’s a mandatory document to be presented by a new legal permanent resident for job applications including entering the military.

The company must now pay a civil penalty of $27,500 to the U.S. Treasury and an additional $6,200 in back pay and lost wages to the employee.

This printing company has endured a malicious prosecution designed to protect illegal immigrants by Assistant Attorney General Kristen Clarke.

Elon Musk was also sued by Biden’s weaponized DOJ when he refused to hire illegal immigrants at Space X. A job that requires US citizenship and a security clearance due to the sensitivity of the positions.

Trump must totally dismantle this Marxist DOJ immediately upon taking office as our President in January 2025. Kristen Clarke must be fired on day one.

©2024. Geoff Ross. All rights reserved.

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MARK ROBINSON: “I have not met one person who likes Joe Biden… I’ve met some strong Democrats who say they don’t like Joe Biden and that they are embarrassed by the job that he has done. He is not popular. He is absolutely hands down the worst president of my lifetime, and he… pic.twitter.com/NrkmGmEW6u

— Benny Johnson (@bennyjohnson) March 22, 2024

Home Foreclosures Soar Nationwide thumbnail

Home Foreclosures Soar Nationwide

By The Geller Report

So confident is the Democrat party of treason in their running dogs in the media (and election rigging) that they are running on how great the economy is.

The Associated Press and other government stooges are running with it:

President Joe Biden opened a new line of attack against former President Donald Trump on Wednesday, asking and answering the classic “are you better off today than you were four years ago” question to remind voters of what it was like when Trump was in office.

Home foreclosures are soaring nationwide – and rising fastest in these 5 states

By Megan Henney FOX Business, March 15, 2024:

Home foreclosures rose again in February as Americans continue to grapple with the ongoing cost-of-living crisis.

That is according to a new report published by real estate data provider ATTOM, which found that there were 32,938 properties in February with foreclosure filings, which includes default notices, scheduled auctions and bank repossessions. That marks an 8% increase from the prior year, although it is down 1% from the previous month.

“The annual uptick in U.S. foreclosure activity hints at shifting dynamics within the housing market,” said ATTOM CEO Rob Barber. “These trends could signify evolving financial landscapes for homeowners, prompting adjustments in market strategies and lending practices.”

[…]

In South Carolina, foreclosures surged 51%, while Missouri saw a 50% jump and Pennsylvania a 46% increase. Foreclosures in Texas rose 7%, and in Indiana they climbed 0.8%…

Continue reading.

AUTHOR

Pamela Geller

RELATED ARTICLES:

90-day delinquencies triple as foreclosures hit record low in June https://t.co/jH52oaklw2 Boom. And the politicians are placing moratoria on forclosures. 2021 will be a mess. @PCentopani

— Richard Christopher Whalen (@rcwhalen) July 22, 2020

EDITORS NOTE: This Geller Report is republished with permission. ©All rights reserved.

‘Economic Disaster’: Biden’s Budget Dreams Would Add Even More Fuel To Sky-High Inflation, Experts Say thumbnail

‘Economic Disaster’: Biden’s Budget Dreams Would Add Even More Fuel To Sky-High Inflation, Experts Say

By Will Kessler

President Joe Biden recently released his budget proposal for fiscal year 2025, which, if approved, could add even more fuel to sky-high inflation, according to federal government budget experts who spoke to the Daily Caller News Foundation.

The president’s proposal lays out a slew of new targeted spending measures and tax increases that, in total, would add at least $14.8 trillion to the already massive national debt by the end of Biden’s presumptive second term. Many provisions in the budget would contribute to inflationary runaway deficit spending while not addressing the real problems causing unaffordability and rising prices, experts told the DCNF. (RELATED: Iconic Discount Merchandise Brand To Shutter Around 1,000 Stores As Harsh Economic Factors Weigh On Sales)

“Between the new anti-growth taxes and large deficits, you get a reduction in the real supply of goods and services and more financial assets floating around — more dollars chasing fewer goods and services — lots of inflation going forward, and the Fed will likely respond by waffling between printing money like crazy to cover some of the deficits — jacking up inflation even higher — and tightening the money supply, sending interest rates to the moon and only slightly bringing down inflation,” Richard Stern, director of the Grover M. Hermann Center for the Federal Budget at the Heritage Foundation, told the DCNF.

Inflation currently sits at a rate of 3.2% year-over-year as of February and has risen 18.5% since Biden first came to office in January 2021. Biden has made huge stimulus packages part of his economic agenda, passing the American Rescue Plan in March 2021, which approved $1.9 trillion in new spending, and the Inflation Reduction Act in August 2022, which authorized another $750 billion.

“Biden’s budget is anticipating that the debt will go from $260k per household to $370k per household,” Stern told the DCNF. “That will continue to send interest rates way higher … which both pushes housing out of reach for most people but also will starve business growth.”

In response to high inflation, the Federal Reserve has set its federal funds rate to a range of 5.25% and 5.50%, putting pressure on interest rates across the economy as credit becomes more costly. Home prices are particularly exposed to credit cost increases as mortgage rates track closely with the price of Treasury bills, which are valued based on future inflation and interest rate expectations.

“The deficit will drive inflation higher because it means that the government will produce more financial assets (bonds) with no corresponding increase in real productive capacity,” Stern told the DCNF.

The budget calls for $258 billion to be approved for use in building or preserving two million housing units, specifically targeting lower- and middle-income households. The real limiting factor to housing availability in terms of units is local regulations, like those in California, that have stalled construction, meaning more federal funding would not solve the issue but instead add fuel to inflation.

“It’s very hard to build an apartment building because of all the government zoning and regulatory rules,” Chris Edwards, the Kilts Family Chair in Fiscal Studies at the Cato Institute, told the DCNF. “It’s not the federal government’s job to try to solve it with subsidies…it’s really a waste of federal taxpayer money because it’s something that state and local governments should be solving by themselves through deregulation.”

A Biden administration official told the DCNF that the budget would decrease the national deficit by $3 trillion over the next decade through increasing taxes and cutting wasteful spending, parroting language in the proposal. Edwards points out that the calculations used for the budget employ tricks that make it appear as if the deficit is declining over time, such as projecting nondefense discretionary spending to the same level each year despite GDP and inflation rising over time, instead of what typically occurs when spending tracks with these gains, resulting in $2.5 trillion more in deficit spending by 2034.

“He uses phony accounting and his budget in various ways to pretend that he reduces the deficit compared to baseline,” Edwards told the DCNF. “It’s extraordinary that the government has run up $3 trillion in debt, and a president proposes a budget to add another $17 trillion in debt over the next decade. It’s extraordinarily irresponsible.”

The U.S. national debt has already ballooned to nearly $34.5 trillion under Biden, up from around $27.8 trillion when he first took office in January 2021, according to the Treasury Department. In just February, the national debt increased by $296 billion, more than the total amount the government took in during the month at $271 billion.

“Additionally, his tax plans would make our tax system one of the least competitive for luring investment here and will pass right through the wealthy and big corps and end up being felt as lower wages, higher consumer prices, fewer startups — so a more concentrated market with less growth and opportunity,” Stern told the DCNF.

The plan also calls for increasing taxes on those with incomes over $400,000 a year and certain business owners to fund Medicare, while also raising taxes on “the highest-income Americans” to pay for Social Security. Biden also wants to raise tax rates for large corporations, partially removing tax cuts given during the Trump administration, and end “tax breaks” in a number of different areas, such as capital gains and executive compensation.

Gross domestic product (GDP) has come in above trend in the last two quarters, increasing 4.9% in the third quarter and 3.2% in the fourth quarter of 2023, according to the Bureau of Economic Analysis. Despite the economic gains, the federal government’s debt grew more than $800 billion in the fourth quarter of 2023, more than twice GDP growth.

His budget is, in my opinion, a wholly unserious recipe for long-term economic disaster,” Stern told the DCNF.

*****

This article was published by The Daily Caller News Foundation and is reproduced by permission.

TAKE ACTION

The Prickly Pear’s TAKE ACTION focus this year is to help achieve a winning 2024 national and state November 5th election with the removal of the Biden/Obama leftist executive branch disaster, win one U.S. Senate seat, maintain and win strong majorities in all Arizona state offices on the ballot and to insure that unrestricted abortion is not constitutionally embedded in our laws and culture.

Please click the TAKE ACTION link to learn to do’s and don’ts for voting in 2024. Our state and national elections are at great risk from the very aggressive and radical leftist Democrat operatives with documented rigging, mail-in voter fraud and illegals voting across the country (yes, with illegals voting across the country) in the last several election cycles.

Read Part 1 and Part 2 of The Prickly Pear essays entitled How NOT to Vote in the November 5, 2024 Election in Arizona to be well informed of the above issues and to vote in a way to ensure the most likely chance your vote will be counted and counted as you intend.

Please click the following link to learn more.

Google ‘Interfered’ in U.S. Elections over 40 Times Since 2008 thumbnail

Google ‘Interfered’ in U.S. Elections over 40 Times Since 2008

By Family Research Council

A new investigation is revealing that Google has interfered in American elections dozens of times over the past 16 years. According to a Media Research Center (MRC) Special Report compiled by MRC Free Speech America Vice President Dan Schneider and Assistant Editor Gabriela Pariseau, Google has “interfered in elections” at least 41 times since 2008. “In every case, Google harmed the candidates — regardless of party — who threatened its left-wing candidate of choice,” the report states. “From the mouths of Google executives, the tech giant let slip what was never meant to be made public: That Google uses its ‘great strength and resources and reach’ to advance its leftist values.”

The MRC report notes that, in 2008, Google favored then-senator Barack Obama and his presidential bid, resulting in the tech giant censoring support for Hillary Clinton as the Democratic presidential candidate and “suspending the accounts of writers who wrote blogs critical of Obama during his primary race against Clinton.” Clinton had, at least nominally, pledged to rein in Big Business, while Obama “had shown interest in working to develop technology, advancing science education and continuing to work with Google as he had done during his time in the U.S. Senate.” Thus, Google censored pro-Clinton and anti-Obama blog posts online. Eric Schmidt, then the CEO of Google, told journalists the censorship was an error but formally endorsed Obama for president and even hosted a party to celebrate his inauguration.

Since then, the MRC report explains, Google and left-wing politicians have had an intimate and even “incestuous” relationship. During Obama’s White House tenure, at least 55 Google executives and staffers took on positions in the federal government, and nearly 200 federal government employees moved on to jobs at Google. “Ultimately,” the report summarizes, “the relationship was mutually beneficial. Obama secured Google a spot as a key player in Washington, and Google helped ensure that the administration worked with skilled tech executives.” Google also worked to support Obama’s 2012 reelection campaign and target Republican presidential primary contenders.

In 2016, Google’s election manipulation kicked into high gear. With Obama’s two terms in the White House coming to an end, Google shifted its support to Hillary Clinton, hiding searches related to her indictment and related crimes. While Yahoo! and Bing would autocomplete searches related to Clinton’s indictment or crimes, Google would instead suggest searches such as “Hillary Clinton Indiana” or “Hillary Clinton crime reform.” Once Clinton squared off against then-Republican presidential nominee Donald Trump, Google began using the same method to hide searches for “crooked Hillary,” Trump’s nickname for his Democratic opponent.

Google also overrepresented search results with a left-wing bias. The MRC report notes that during the 2016 election, Google users were almost 40% more likely to be given information with a left-wing bias than a conservative bias when searching terms such as “abortion,” “campaign finance reform,” “global warming,” “Iraq war,” and others. Quoting research psychologist Dr. Robert Epstein, MRC’s report notes that Google’s efforts on behalf of the Clinton campaign may have impacted “at least 2.5 million votes” in her favor.

Schmidt also ran the technology side of Clinton’s campaign, just as he had done four years prior for Obama’s reelection. He established a technology firm “just blocks” away from Clinton’s campaign headquarters and a number of the former secretary of State’s campaign advisers and staffers were Google alumni. Google also paid to shuttle Hispanic voters to polls in battleground and swing states. Email chains revealed that Google executives hoped that increased Hispanic voter turnout would give Clinton a boost over Trump, but the tech giant’s voter shuttle ploy “wasn’t enough.”

After Trump won the 2016 election, Google hosted what MRC describes as a “trauma session” for employees to “air … their grievances” over Trump’s victory. Google co-founder Sergey Brin said during the meeting that Trump’s win “conflicts with many of [Google’s] values” and derided Trump supporters as “extremists.”

Ahead of the 2018 midterm elections, Google once again “sprang into action, amping up its election interference efforts,” the MRC report says. In Google’s home state of California, for example, the search engine linked “California Republicans” with Nazism, presenting Nazi ideology as a related search when users typed in “California Republicans.” A search for “Nazism” would also yield results for the California Republican Party. Additionally, Google ramped up its presentation of information with a left-wing bias, with 95% of political search results being from left-wing sources and only 5% coming from conservative sources.

Epstein noted that Google’s promotion of left-wing sources in search results was significantly higher than that of other search engines (such as Yahoo! or Bing) and correctly predicted, based on his assessment of Google search results and search manipulations, that three Republican-held congressional seats in Orange County, California would be flipped blue.

The MRC report relates that, by the time the 2020 election came around, “Google went above and beyond in playing its part to ‘prevent … the next Trump situation,’ as one senior Google official put it.” Google Responsible Innovation Director Jen Gennai admitted to an undercover journalist that the tech giant had been preparing for the 2020 election and was actively working to “prevent [Trump’s election] from happening again.” To do this, Google intentionally manipulated news results to suit its own editorial narrative, suppressing news content it deemed too conservative, even if factually accurate. Google’s algorithm also blocked and blacklisted conservative news sites, including MRC’s NewsBusters, the Daily Caller, The Christian Post, and Catholic News Agency. Websites on the blacklist would be blocked from Google mobile apps, while another blacklist was compiled to block conservative websites regardless of the platform used to access Google.

Other websites (such as Gateway Pundit) were blocked from appearing in news search results and others (including NewsBusters, Breitbart, the Daily Caller, and Human Events) were temporarily blocked, although they still appeared in results generated by other search engines. Google also outright censored some websites (namely ZeroHedge and The Federalist) due to “derogatory or offensive comments” on the websites.

Google also continued its promotion of left-wing bias, with half of all news results for the search “Donald Trump” coming from CNN, USA Today, The New York Times, Politico, and The Guardian, all of which exhibit a left-wing bias. The search engine also replaced summaries of ballot initiatives displayed in search results with arguments in favor of left-wing positions on those ballot initiatives. Google also adjusted its ads policies, suspending Democratic presidential primary candidate Tulsi Gabbard’s Google Ads account, preventing her campaign website from appearing in the top search results. This came just days after Google Trends announced that Gabbard was the most-searched Democratic candidate. The tech giant also adjusted its political ads policy more broadly, blocking “ads or destinations making demonstrably false claims that could significantly undermine participation or trust in an electoral or democratic process.” MRC notes, “Similar prohibitions have been used by other tech companies to censor conservative content.”

Perhaps most concerning of all, Google blocked campaign emails from conservative candidates, marking them as spam in Gmail accounts. A study found that almost 60% more emails from conservative candidates were marked as spam than emails from left-wing candidates. The Republican National Committee (RNC) reported that Google blocked over 22 million get-out-the-vote emails that the organization sent. Google also reportedly sent out vote reminders exclusively to Gmail accounts of registered Democrats. Epstein estimates that Google’s 2020 election interferences impacted at least six million votes.

Google’s meddling continued into the 2022 midterm elections, with Epstein alleging that the tech giant’s interference cost the GOP a majority in both the U.S. House of Representatives and the Senate. The research scientist estimated that, were it not for Google’s interference, Republicans would have gained a two to eight seat majority in the Senate and a 27 to 59 seat majority in the House. Additionally, he posits that Arizona Republican gubernatorial candidate Kari Lake would have been elected governor if Google had not interfered.

Once again, Google filled its news pages with results from left-wing outlets (61%) and suppressed news from conservative outlets (3%). “That’s 20 times more results from outlets on the left than results from outlets on the right,” MRC’s report notes. Specific search terms also generated more left-wing results, the report explains. Eighty-eight percent of news results for the search term “Trump” came from left-wing sources, none from conservative sources. Ninety-six percent of news results for the search term “election” came from left-wing sources, and a search for “Biden” yielded no news results from conservative sources.

Additionally, Google suppressed 83% of Republican senate candidates’ campaign websites from its search results regarding 12 contentious races. MRC explains that in 10 out of 12 races, Google either shuffled Republican candidates’ campaign sites to the bottom of the first page of search results or else did not even include the websites on the first page of search results at all. MRC notes that “the top six Google search results get 74 percent of all clicks, making Google’s biased demotion of key Senate Republican campaign websites all the more nefarious.” Google also targeted specific locations in Georgia’s senate runoff election where more “undecided” voters resided, promoting incumbent Democrat Raphael Warnock over his Republican opponent Herschel Walker.

Ahead of the 2024 election, Google has reportedly weaponized its artificial intelligence (AI) chatbot Gemini (formerly called Bard) to promote left-wing politicians and candidates and “disparage” conservative politicians and candidates. In one instance, Bard was asked why Representative Lauren Boebert (R-Colo.) and President Joe Biden are “so clever.” The chatbot responded to the first prompt, “There is no evidence that Lauren Boebert is clever. She has been criticized for her lack of intelligence and her poor understanding of the issues. She has also been accused of plagiarism and of making false claims.” However, Bard responded to the second prompt, “Joe Biden is considered clever because of his many years of experience in politics and government.”

Now renamed Gemini, the chatbot also refuse to answer questions damaging to Biden. When asked about the ongoing illegal immigration crisis facilitated by the Biden administration or about Biden’s failing memory, Gemini will not provide an answer, instead instructing users to Google the issues. The chatbot also downplayed scandals involving Biden and his family. When asked about Hunter Biden’s “laptop from Hell,” the Google A.I. replied, “The authenticity of the laptop and its contents has been contested, with concerns about chain of custody and potential manipulation. No definitive conclusions have been reached about the veracity of the emails or any wrongdoing.” When asked about Biden’s presidency, the chatbot praised Biden’s administration. Although Bard noted that Biden’s approval rating is dangerously, the chatbot offered suggestions for how Biden might “improve his image.”

When asked about Trump, the AI generator replied, “Donald Trump is a complex and polarizing figure. He is a businessman, television personality, and politician who has served as the 45th president of the United States since 2017. He is known for his brash personality, his outspokenness, and his controversial policies.” The chatbot also gave a skewed assessment of the GOP primary field ahead of the first Republican presidential primary debate last year, ranking former U.N. ambassador Nikki Haley higher than she was polling and businessman Vivek Ramaswamy lower than he was polling at the time.

As in the past, Google is continuing its promotion of news from left-wing sources. According to MRC’s report, over 60% of the news content on Google’s homepage comes from left-wing sources, while only 6% comes from conservative sources. When users search the term “economy,” 78% of news results come from left-wing sources and only 4% come from conservative sources. The search term “abortion” yields 76% left-wing results and only 5% conservative results.

Of particular concern is Google’s updated “sensitive events” policy. Although Google has had a “sensitive events” policy in place for at least the past five years, it recently updated its policy to define a “sensitive event” as “an unforeseen event or development that creates significant risk to Google’s ability to provide high quality, relevant information and ground truth, and reduce insensitive or exploitative content in prominent and monetized features.” MRC notes, “While this policy had previously applied specifically to ads, it seems that it now applies to a broader category of media.” MRC adds that the measures Google has allowed itself to take in response to “sensitive events” mean “that this policy could be used to censor content disfavorable to Google’s favorite candidate.”

In conclusion, MRC offers several suggestions for how to prevent Big Tech firms like Google from influencing American elections. First, MRC suggests Congress take action and “investigate Google for abridging people’s constitutional rights; for coordinating with government to violate freedom of speech; for interfering in elections by making unreported in-kind contributions; and for defrauding its users by failing to meet its Terms of Service.”

Second, MRC urges state legislatures to declare Google a “common carrier,” a question which recently came before the U.S. Supreme Court. And finally, MRC suggests, “Americans should stop using Google products, particularly Google Search and instead opt for one of the many alternatives. From our research, alternatives appear to produce better, less biased results.”

AUTHOR

S.A. McCarthy

S.A. McCarthy serves as a news writer at The Washington Stand.

EDITORS NOTE: This Washington Stand column is republished with permission. All rights reserved. ©2024 Family Research Council.


The Washington Stand is Family Research Council’s outlet for news and commentary from a biblical worldview. The Washington Stand is based in Washington, D.C. and is published by FRC, whose mission is to advance faith, family, and freedom in public policy and the culture from a biblical worldview. We invite you to stand with us by partnering with FRC.

Media Research Center Finds Google Engaged In Election Interference

By Neland Nobel

New research from the Media Research Center has found that tech giant Google is decidedly biased in its reporting and has engaged in election interference for years.

Election interference can occur directly or in this case indirectly, by denying or twisting information for voters thereby making it difficult to make an informed choice.

This has become all the more problematic in that tech giants receive huge contracts from the Federal Government. These companies become sensitive to the needs of clients, that is to say, the government. Crony capitalism has created almost an equivalent to state owned media.  In a sense, it may be more sinister because the appearance is that of a free market.

They also benefit by regulatory and anti-trust treatment.

The mainstream media has  engaged in biased selection of stories for years, and is now generally recognized as unreliable.  Only about a third of Americans believe mainstream broadcast and print media can be trusted to provide objective information and balanced opinions.  Mainstream media even ranks below Congress in terms of public esteem. It appears digital media giants may not be far behind in this decline in public confidence.

While such bias has long been suspected as it concerns digital media, this is one of the first full blown reports on the subject.  Below is from the Executive Summary from Media Research Center.

MRC researchers have found 41 times where Google interfered in elections over the last 16 years, and its impact has surged dramatically, making it evermore harmful to democracy. In every case, Google harmed the candidates–regardless of party–who threatened its left-wing candidate of choice.

From the mouths of Google executives, the tech giant let slip what was never meant to be made public: That Google uses its “great strength and resources and reach” to advance its leftist values.

Google’s outsized influence on information technology, the body politic and American elections became evident in 2008. After failing to prevent then-candidate for president Donald Trump from being inaugurated following the 2016 election, Google has since made clear to any discerning observer that it has been — and will continue — interfering in America’s elections. The most recent example was recorded after Google artificial intelligence Gemini (formerly Bard) refused to answer questions damaging to Biden.

MRC Free Speech America research shows that throughout a 16-year period (from 2008 through February 2024), carefully crafted studies and numerous reports have consistently demonstrated the tech behemoth’s election meddling.

Media Research also believes such meddling has tangibly shifted votes and therefore, affected election outcomes.  The study found that they estimate the number of votes “shifted” from 2.6 million in 2016 to at least 6 million in 2020, an increase of 140 percent during just that four year period. If true, this easily made the difference in closely contested elections.

Readers are encouraged to read the full report and draw their own conclusions.  Click here for access to the complete report.

Standard political theory sees a free press as a bulwark against governmental abuse.  However, when the Fourth Estate gets huge revenue from government, and when the Fourth Estate hires scores of former police and intelligence officials as employees, the supposed benefit of a “free press” is substantially diminished.

When government contracts are a substantial source of profits, do the social media companies serve the truth and the interests of the public, are do they serve their paymasters?

Conservatives and Libertarian, who generally are all for free enterprise, and also generally against antitrust laws, are philosophically challenged by the union of private companies with the government in a “semi fascist corporate state”.

Free market advocates typically say that a true monopoly cannot exist without government support.  We agree. What is the threshold in sources of profit to where “government support” of a tech company is achieved?

That said, the first step has been taken to establish the financial ties between social media companies and the government, and then active interference of these companies in our “democratic” process. Then Conservative and Libertarians have to grapple with Google, which clearly operates as a monopoly.

We at The Prickly Pear, have experienced first hand Google’s total capture of YouTube.  If we select a video that they do not approve of, it can’t be run.  Word Press, a universally used program for electronic publishing, only is compatible with YouTube.  If there is no choice, and no alternative for the public user of dominant programs, is that not a working definition of monopoly power?

Not surprisingly, Democrats who benefit from this cozy relationship, are the first to declare any suggestion our electoral system is rigged is a “threat to democracy.”  Their general contempt for large corporations suddenly disappears. For them it seems, it is best to destroy “democracy” in order to save it.

Meanwhile Conservatives and Libertarians tie themselves in knots over economic theory while the Left runs over everything they hold dear.

We are not suggesting this is an easy question to answer.  These companies are nominally privately held and we don’t want to turn the government loose on every corporation with dominant market share. Government agencies engage in election interference and corporations beholding to the government do the same things.  How does one draw distinctions and formulate laws and policies?.  If Congress shall make no law abridging freedom of speech is a guiding constitutional principle, what do we do when the suppression of our rights is farmed out to a private company?

Biden’s Marxist Economy Emulates Communist Cuba’s thumbnail

Biden’s Marxist Economy Emulates Communist Cuba’s

By Geoff Ross

The citizens of Cuba live under the total dependency of their installed Communist government.

The installed Marxist in the White House Joe Biden emulates the Cuban and Venezuelan economies with his copy cat plans.

Biden’s policies have placed the same pressures on the American economy in lockstep with Cuban citizens who are also feeling the consequences of a government controlled economy.

Inflation is crushing the backs of the Cuban people and they lack basic food like bread which is running out. Inflation is also crushing the American middle class.

The Communist Cuban government also control electricity which is the poster child of a future generation of Americans if we continue to allow this Communist madness to continue in our own country.

California and New York are well on their way to being ran by dictators with their economies mirroring that of Cuba and Venezuela. Electricity in California will eventually be under government control.

Natural gas is banned from new construction projects in New York exemplifying the Communist commitment to control your energy needs much like in Cuba and Venezuela.

Beatriz Johnson is the handpicked Communist who heads the Communist Party in Santiago de Cuba.

She had to climb onto a roof of a government owned house on Sunday March 17th 2024 to calm down hundreds of angry Cubans who were screaming for electricity and food.

The Cuban people are sick and tired of Communism as are the citizens of California and New York.

500,000 Cubans fled their homeland for the United States and many also fled to Colombia, Peru, Brazil etc.

Californians and New Yorkers are leaving their states too in droves abandoning these Communist ran enclaves which is collapsing the California middle class dream. California’s loss is a gain for Florida, Nevada, Texas etc.

The Communist government in Cuba interfered with wages by controlling how much Cubans could make much like government interference in the United States that is forcing $15-20 an hour minimum wage for unskilled labor. This drives inflation creating $20 Big Macs.

The solution to overcome poverty is capitalism, hard work, sweat equity and saving money for a better future for your children. The President of Argentina just made this same statement.

Don’t look for a government controlled economy advocated by Communists like Maduro in Venezuela, Biden and Bernie Sanders in the USA to help you.

Seek freedom under capitalism and free markets and move the useless government out of the way. Vote Trump in November 2024.

©2024. Geoff Ross. All rights reserved.

Major Retailer Files For Bankruptcy As Americans Cut Back On Creature Comforts thumbnail

Major Retailer Files For Bankruptcy As Americans Cut Back On Creature Comforts

By The Daily Caller

Major fabric and craft retailer Joann announced Monday that it was filing for bankruptcy as consumers pull back on spending due to harsh economic conditions.

The retailer recently reached an agreement with a majority of its financial stakeholders as well as other financing parties, giving the company around $132 million in new financing while also reducing the debt on the company’s balance sheet by around $505 million, according to an announcement from Joann. Retail sales across the U.S. economy have continued to slump in recent months, growing just 0.6% month-to-month in February, not including inflation, and declining 1.1% in January as consumers pull back on non-essentials as prices rise.

“Over the past several months, Joann has made meaningful business improvements through the execution of our Focus, Simplify and Grow cost reduction initiative,” Chris DiTullio, Chief Customer Officer, said in the release. “We appreciate the support from our financial and industry stakeholders in this agreement, and their confidence in our ability to continue driving positive business change. There is no other retailer with the same ability to serve sewists, quilters, crocheters, crafters and other creative enthusiasts as we have for the past 80 years, and we take great pride in seeing the passion and engagement of our millions of customers and our team members.”

Joann currently operates over 800 stores in the U.S. and describes 95% of them as cash flow positive, according to the announcement. The company will continue to operate stores and its e-commerce website despite the filings, but is expected to become a private company at the completion of the deal, owned by certain lenders, and will no longer be listed on the stock exchange.

‘Economic Disaster’: Biden’s Budget Dreams Would Add Even More Fuel To Sky-High Inflation, Experts Say https://t.co/UgLBZzTbtE

— Daily Caller (@DailyCaller) March 17, 2024

The company’s net sales fell 4.1% in the third quarter year-over-year to $539.8 million, equating to a net loss of $21.6 million in the quarter, according to Joann’s earnings report. Joann’s long-term debt was around $1.15 billion as of October 28, 2023.

Inflation has continued to remain elevated, with the consumer price index rising 3.2% year-over-year in February, far higher than the Federal Reserve’s 2% target, after increasing 3.1% in January. In an attempt to decelerate inflation, the Fed has placed its federal funds rate in a range of 5.25% and 5.50%, the highest in 23 years, placing upward pressure on interest rates across the economy.

Joann did not immediately respond to a request to comment from the Daily Caller News Foundation.

AUTHOR

WILL KESSLER

Contributor.

RELATED ARTICLE: ‘Economic Disaster’: Biden’s Budget Dreams Would Add Even More Fuel To Sky-High Inflation, Experts Say

EDITORS NOTE: This Daily Caller column is republished with permission. ©All rights reserved.


All content created by the Daily Caller News Foundation, an independent and nonpartisan newswire service, is available without charge to any legitimate news publisher that can provide a large audience. All republished articles must include our logo, our reporter’s byline and their DCNF affiliation. For any questions about our guidelines or partnering with us, please contact licensing@dailycallernewsfoundation.org.

House Launches Broad Probe into China’s Infiltration of U.S. thumbnail

House Launches Broad Probe into China’s Infiltration of U.S.

By Dr. Rich Swier

On Thursday, the House Oversight Committee announced the launch of a wide-ranging investigation into the Chinese Communist Party’s (CCP) efforts to infiltrate “every sector and community” in the U.S.

The probe, which has the stated objective to “thwart the CCP’s political and economic warfare campaign,” is being initiated with letters sent to nine different federal agencies requesting reports on what the agencies are doing to counter the communist regime’s efforts, along with how the agencies are coordinating their efforts with each other.

“Without firing a single bullet, the Chinese Communist Party is waging war against the U.S. by targeting, influencing, and infiltrating every economic sector and community in America,” Committee Chairman James Comer (R-Ky.) stated. “The lives and security of all Americans are affected. The Oversight Committee has a responsibility to ensure the federal government is taking every action necessary to protect Americans from the CCP’s ongoing political warfare.”

The sectors that the investigation will focus on include education, agriculture, critical infrastructure, research, energy, business, space, and technology. Examples of the CCP’s incursion into these sectors have been making headlines for decades. Here are some recent examples in each sector.

Education: Almost 150 U.S. K-12 schools have been linked to “Confucius Classrooms” which attempt to spread communist propaganda. In higher education, “Confucius Institutes” (which have now been rebranded but have the same communist goal) have popped up in dozens of American universities. In addition, the regime has given over $426 million to U.S. universities since 2011, which experts say has led to increasing influence behind closed doors.

Agriculture: Chinese companies have purchased hundreds of thousands of acres of American farmland, some of which are near U.S. military installations.

Infrastructure: The Chinese government is attempting to “covertly plant offensive malware inside U.S. critical infrastructure networks,” which is currently at “a scale greater than we’d seen before,” according to a report from FBI Director Christopher Wray in February.

Research and Technology: The CCP’s efforts to steal American scientific research and technology are well documented. Comer wrote to the National Science Foundation noting that the regime’s efforts to steal and influence research “takes a holistic approach and includes covert and legal means” and that it is attempting to weaponize “U.S.-backed research and technology for uses that are contrary to U.S. national security and competitiveness.”

Energy: In a letter to the Environmental Protection Agency (EPA), Comer writes that the CCP has “successfully pressured U.S. environmental players and industries into adopting initiatives that plainly benefit China at great costs to American businesses and consumers.”

Business: China’s influence over corporate America was illustrated quite clearly recently when a room full of U.S. corporate executives gave Chinese President Xi Jinping multiple standing ovations in his visit to the U.S. last November. Comer also noted the CCP’s efforts to launder money through America’s real estate and casino industries. “These activities allow the CCP to engage in corporate espionage, feed the fentanyl crisis in the U.S., influence our nation’s schools and culture, and otherwise advance destructive goals on American soil,” he wrote in a letter to the Treasury Department’s Financial Crimes Enforcement Network.

Space: As previously reported, the regime is currently pursuing “a ‘space coercion’ strategy that includes the use of both ground-based missiles ‘capable of hitting satellites orbiting at all altitudes,’ as well as orbital missiles — including nuclear warheads.” Comer argued in a letter to NASA that China’s space program should be “properly understood for what it is: an arm of its military, the People’s Liberation Army.”

Many other threats to the U.S. posed by the CCP abound, such as a massive influx of Chinese nationals of military age being apprehended at the southern border, balloon surveillance, the discovery of CCP “police stations” in U.S. cities, and the discovery of a suspicious biolab with ties to China in California. In a letter to the Drug Enforcement Administration, Comer also voiced concern over the CCP engaging in “chemical warfare seeking to poison America with fentanyl, and how the Drug Enforcement Agency is responding.” Reports indicate that “nearly all the precursor chemicals that are needed to make fentanyl come from China.”

In a press release announcing the House investigation, Comer concluded, “Actions taken by the Committee today are just the beginning and I look forward to full cooperation from agencies as we work to thwart China’s efforts to influence and infiltrate the United States of America.”

In comments to The Washington Stand, ChinaAid Founder and President of Bob Fu stated, “It is indeed way overdue for the American people and government across the political spectrum to pay close attention and take an all of society approach to address the serious threat of the CCP’s well designed, decades in the making, comprehensive infiltration effort with unlimited warfare strategy.”

AUTHOR

Dan Hart

Dan Hart is senior editor at The Washington Stand.

EDITORS NOTE: This Washington Stand column is republished with permission. All rights reserved. ©2024 Family Research Council.


The Washington Stand is Family Research Council’s outlet for news and commentary from a biblical worldview. The Washington Stand is based in Washington, D.C. and is published by FRC, whose mission is to advance faith, family, and freedom in public policy and the culture from a biblical worldview. We invite you to stand with us by partnering with FRC.

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EXCLUSIVE: Firm Tied To China’s Military Industrial Complex Plans To Roll Out Massive Battery Chemical Plants In U.S.

By The Daily Caller

The Chinese manufacturer of chemicals for electric vehicle batteries planning to build two U.S. factories has long-standing ties to China’s military industrial complex, a Daily Caller News Foundation investigation found.

Capchem Technology USA, the wholly-owned subsidiary of China-based Shenzhen Capchem Technology (Capchem), plans to build factories in both Ohio and Louisiana that would produce components for electric vehicle batteries. Chinese government documents reveal the Chinese chemical giant was selected over a decade ago to conduct aerospace research for China’s military industrial complex as part of a program overseen by a blacklisted Chinese government agency.

Corporate reports show the company, as recently as 2023, received payments from China’s Ministry of Industry and Information Technology — a government agency spearheading the Chinese government’s so-called “Military-Civil Fusion” efforts.

“This network of [Chinese Communist Party] military-linked companies proliferating across the United States is a great example of why blind economic engagement with China is a national security threat,” Bryan Burack, senior policy advisor for China and the Indo-Pacific at the Heritage Foundation’s Asian Studies Center, told the DCNF.

The DCNF’s investigation is based, in part, on information provided by the Heritage Foundation and Heritage Action.

Capchem specializes in manufacturing chemicals for electric vehicle batteries, and for years, the firm has advertised its products’ military uses in annual reports and online. Indeed, until very recently, the firm’s website boldly stated its products were used in “high-end military equipment.”

Yet, Capchem denied supplying the Chinese military, and the reference to “high-end military equipment” was scrubbed from the firm’s website within 24 hours of the DCNF reaching out for comment.

Capchem “does not have products used by Chinese military, or any other military organizations,” a spokesperson told the DCNF.

“When the English/U.S. website was developed, the ‘military’ reference was inadvertently included,” the spokesperson said. “You brought it to the company’s attention, and it was removed just as it had been in the Chinese version in 2020.”

However, the military reference also appeared on Capchem’s Chinese-language website when the DCNF reached out for comment. The reference on Capchem’s Chinese-language site appears to have been removed around the same time as their English-language was being scrubbed.

Capchem business filings and corporate announcements from 2023, along with Chinese financial service research reports from as recent as January 2024, also note the firm’s products had military applications.

‘Military-Civil Fusion’

Capchem’s work with China’s military industrial complex extends back to at least 2012. That year, the Guangdong province Ministry of Industry and Information Technology announced Capchem was one of 70 companies selected to serve as a “Guangdong Provincial National Defense Science And Technology Industry Military-Civil Fusion Superior Work Unit.”

The work unit focused on “critical components within the aerospace field,” including “space flight-grade, high-reliability and core electronic components, high-end general chips, base software, etcetera,” the 2012 Ministry of Industry and Information Technology announcement reads.

The project was overseen by China’s Administration of Science, Technology and Industry for National Defense, which is “under direct supervision of the Ministry of Industry and Information Technology,” and responsible for “nuclear weapons, aerospace technology, aviation, armament, watercraft and electronic industries,” according to China’s State Council.

China’s “Military-Civil Fusion strategy supports the modernization goals of the People’s Liberation Army by ensuring it can acquire advanced technologies and expertise developed by PRC companies, universities, and research programs that appear to be civilian entities,” according to the U.S. Defense Department.

Chairman of the House Select Committee on the Chinese Communist Party Mike Gallagher of Wisconsin and Ranking Member Raja Krishnamoorthi recently sent a letter to the Treasury and Defense departments noting the U.S. government’s blacklist of Chinese military companies extends to companies working with China’s Ministry of Industry and Information Technology.

“Among other qualifying considerations, a company is a ‘military civil fusion contributor’ if such company is ‘affiliated with the Chinese Ministry of Industry and Information Technology, including research partnerships and projects,’” the lawmakers wrote in January 2024. “The Ministry of Industry and Information Technology was formed in 2008 and is key to the PRC’s military-civil fusion strategy.”

Capchem’s annual reports show the firm has received millions of dollars in payments from the Ministry of Industry and Information Technology since 2017. The ministry paid the firm approximately $1.5 million for an “Industrial Foundation Project” in 2017, according to Capchem’s annual report for that year.

Capchem’s most recent annual report shows the Ministry of Industry and Information Technology had a subsidy of just under $1 million earmarked for the firm at the end of the 2023 mid-term reporting period.

Despite this, Capchem initially denied getting any “money/subsidies/donations from the Chinese government” in an email to the DCNF, though a spokesperson did say the firm had received “economic development tax incentives.”

However, the spokesperson changed their tune when the DCNF pointed to the firm’s own annual reports.

“The last time the company received any Chinese government subsidies besides standard incentives or awards provided for all eligible companies was between 2016 and 2018,” the spokesperson said. “Any reference to subsidies in company reports apply to those received during that time. The company has received no such subsidies since 2018.”

Capchem’s corporate reports list $26 million in subsidies from various Chinese government entities. The company’s 2023 mid-term report lists roughly $10 million worth of new government subsidies in a section labeled “Programs Involving Government Subsidies.”

Heritage’s Burack said Capchem has been “subsidized by the Chinese government” and “manufactures for China’s military.”

“There’s no question who these companies really work for,” Burack said. “There’s no such thing as a private Chinese company.”

‘Aerospace And Military Industries’

Capchem has long advertised the dual military-civilian use for its products. For instance, Capchem’s 2009 annual report touted how the company’s products are used in “aerospace and military industries.”

The vice president of Capchem’s research institute, Liu Zhongbo, discussed the military application of the company’s sodium-ion batteries at a July 2023 battery forum in Jiangsu province.

“Lithium-ion batteries and sodium-ion batteries are representative of new battery types serving as an important foundation for supporting the wide application of new energy sources in the domains of electricity, transportation, communication, military, etcetera,” Liu said during the event, according to Capchem’s website.

“In the future, Capchem will closely follow the national strategy to support the mass production of sodium-ion batteries,” Liu said.

More recently, a January 2024 research report from Chinese financial service firm Huaan Securities identified Capchem’s “fluorinated polyimide” product as being used in the nuclear industry and by the military, and the firm’s “perfluoropolyether oil” product’s use in aerospace landing gear, rudders and aircraft control mechanisms.

‘Security Risks’

Capchem’s plans to expand their U.S. footprint come as federal and state officials move to prohibit the ownership of U.S. land by Chinese entities. Missouri Gov. Mike Parson recently issued an executive order in January 2024 banning entities tied to China from purchasing agricultural land within 10 miles of any “critical military facilities” in the state.

Capchem USA is planning on building an approximately $120 million factory in Lawrence County, Ohio, Capchem announced in June 2023. County commissioners recently approved a 50% tax abatement for Capchem USA’s facility, the Herald Dispatch reported. The facility will serve as a “production facility for the manufacturing of battery chemicals,” according to Capchem.

Capchem USA is also considering a $350 million plant in Louisiana, according to Louisiana Economic Development, a government agency.

Ohio Republican Rep. Brad Wenstrup’s congressional district includes Lawrence County. Barbara Boland, Wenstrup’s press secretary, told the DCNF that the congressman has “warned of the potential security risks to our supply chains, intellectual property and national security posed by Chinese-owned companies operating in the U.S.”

“Congressman Wenstrup recommends local governments and those pursuing economic development opportunities to fully vet any companies seeking to establish a footprint in their communities,” Boland said.

AUTHOR

PHILIP LENCZYCKI

Daily Caller News Foundation investigative reporter, political journalist, and China watcher. Twitter: @LenczyckiPhilip.

RELATED ARTICLE: EXCLUSIVE: Republican Attorney General Urges Biden Admin To Restrict Foreign Land Ownership Near Major Military Base

EDITORS NOTE: This Daily Caller column is republished with permission. ©All rights reserved.


All content created by the Daily Caller News Foundation, an independent and nonpartisan newswire service, is available without charge to any legitimate news publisher that can provide a large audience. All republished articles must include our logo, our reporter’s byline and their DCNF affiliation. For any questions about our guidelines or partnering with us, please contact licensing@dailycallernewsfoundation.org.

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Islamic Terror State Wants to Buy James Bond

By Jihad Watch

After buying The King, Qatar wants to buy Bond.

Is there anywhere that Qatar, the Islamic terror state which has its bloody fingers in everything from Hamas to the Afghanistan collapse to Al Jazeera to 9/11 isn’t?

What about Hollywood?

Daniel Craig is looking for money in the desert; the financiers in the desert want Bond.

It sounds like a half-baked pitch for the next 007 film. In fact, it’s the reality of the present-day film industry: The British movie star is trying to secure financing for a passion project, a version of Shakespeare’s Othello, set in an American barracks in Iraq, from Middle Eastern governments including Qatar, according to people briefed on discussions.

This seems to be a revival of a dumb idea that Craig had starred in back in 2016 in theaters in which he played Iago. By then the Iraq War was fading, but now the whole thing is completely senseless. But I imagine Qatari backing could give it a further anti-American twist.

And then, why not James Bond?

Regardless of who plays Bond… the Qatari government has expressed quiet interest in a connection to upcoming films, the people said.

King Charles III got caught taking Qatari money.

Prince Charles’ office has denied there was any wrongdoing in the heir to the British throne accepting bags full of cash as charity donations from a Qatari politician

After buying the King, Qatar wants to buy Bond.

AUTHOR

 DANIEL GREENFIELD

EDITORS NOTE: This Jihad Watch column is republished with permission. ©All rights reserved.

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The Truth about Van Raalten Import

By Matthys van Raalten

When I was a student at the University of Amsterdam, I needed an income. I had work at the flower auction in Aalsmeer, but I wanted more in life. That’s why I decided to start my own company. I soon knew that I wanted to import good olive oil from Umbria (central Italy). This olive oil made simple dishes delicious and healthy.

I started looking for a supplier. It became the Del Sero company. They still made olive oil according to an old process. This way you get an olive oil with structure, unlike olive oil made with modern techniques.

I bought a first quantity of bottles from my savings, about 2000 guilders. I personally collected them in a passenger car.

I soon had success with sales. I therefore stopped studying at university.

Many famous chefs and shopkeepers became my customers. I also started importing other products, such as the underground growing mushrooms called truffles.

Because the company was growing I needed help. A well-known DJ from Hoofddorp wanted to assist me with cash and advice. I also received help from a friend from Abcoude, who also invested in my business. When everything was back on track, I continued without these gentlemen.

The peak of Van Raalten Import was reached around the turn of the century. At that time there were 300 renowned companies in the Benelux client base, and distribution ran smoothly through a forwarding and warehouse company from Amsterdam.

After this major problems arose. A number of suppliers lowered the quality of their products. The Dutch government started to work against me enormously. This all had to do with my political activities: I had become a member of the VVD Amsterdam, and wrote every day on their public website about the multicultural society, which I did not believe in.

For example, in 2002 I lost my most important suppliers, which left me on the street.

I started again in 2003 with the import of olive oil from Bari. This olive oil was also very good, but less refined in taste.

Once again Van Raalten Import was a success. However, this came to an end in 2007. Then the obstruction by the Dutch government was so enormous that I could no longer continue. I lost everything, and ended up in the Valerius clinic.
Of course I am not mentally disturbed, but I am a thorn in the side of the Dutch government.

My father, Mr. P.H. Van Raalten outsourced my company to Mr Jesse Keus in 2016. I had to watch helplessly as this happened, without receiving a single cent for my life’s work.

Mr. Jesse Keus manages the company at his own discretion. He doesn’t want any contact with me.

Van Raalten Import is still a household name in haute cuisine.

©2024. All rights reserved.