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X22 Report is a daily show that covers the economy, political and geopolitical issues. Join me and many others to fight what is rightfully ours.
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Watch The X22 Report On Video No videos found Click On Picture To See Larger Picture The [DS]/[CB] are now preparing to bring down the economy. They are putting everything in place but this will fail in the end. They have shown the people that what they have planned will not work. Germany has now sold all their Bitcoin. The [DS] tried to remove Trump with an attempted assassination. The USSS was in on it and the patsy was allowed to bring a rifle with a ladder near Trump. This was a planed from the beginning. This was the shot heard around the world. Threats/scare tactics have been deployed against Trump, fear not all will be ok after the election.   (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:13499335648425062,size:[0, 0],id:"ld-7164-1323"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="//cdn2.customads.co/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs"); Economy Biden’s Tax on Unrealized Gains Would Be Kill Switch for Entrepreneurship  Among the worst ideas in the Biden administration’s proposed budget is a new annual tax of at least 25% on unrealized gains for Americans with incomes and assets of over $100 million. Taxing unrealized gains is an entirely new prospect that, if the Biden administration succeeds in doing it, would penalize individuals for owning assets that appreciate, regardless of whether those assets are sold. Such taxes are rare due to complexities in valuing these assets, liquidity concerns, and overall implementation challenges and risks. When implemented, such taxes lead to an exodus of taxpayers. For example, when Norway initiated a similar tax in fall 2022, over 30 Norwegian multimillionaires and billionaires left the country, moving to Switzerland. This number eclipsed the total number of multimillionaires and billionaires who abandoned Norway in the prior 13 years. First, America’s wealthiest fund a significant share of high-risk, high-variance investments in early-stage, startup, and small-cap companies. The proposed tax would require that with every high variation, the investor must pay a tax on it. So the highs get higher and the lows stay lower. Source: dailysignal.com https://twitter.com/ArkhamIntel/status/1811831807282958723?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1811831807282958723%7Ctwgr%5Eb0c0037ce4a81210c8ef60e8faba7e8bae9e2d8e%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fwww.zerohedge.com%2Fcrypto%2Fbitcoin-bottom-signal-german-government-runs-out-btc-sell Political/Rights https://twitter.com/JudiciaryGOP/status/1811860993267630427 https://twitter.com/LizCrokin/status/1812416712416866616 Geopolitical/Police State Exclusive: Meta removes Trump account restrictions ahead of 2024 election Meta on Friday said it would soon roll back restrictions it placed on former President Donald Trump's Instagram and Facebook accounts.   Yes, but: While Meta is doing away with stricter penalties on Trump's account, it maintains its ability to limit the distribution of problematic posts for his or any accounts even if they don't explicitly violate Meta's rules — such as oblique references to QAnon. Trump's accounts, and those of all politicians and public figures, are still subject to the same general content rules that apply to all users of Meta's apps.   Source: axios.com Q James Clyburn Says Democrats Have Until August 19th to Remove and Replace Joe Biden Through an Open Convention  Source: theconservativetreehouse.com  his performance since that very eventful Debate evening has not exactly been stellar. Yesterday, before his News Conference, he made an unpardonable gaffe, introducing President Zelenskyy as President Putin. Despite all of this,
Watch The X22 Report On Video No videos found Click On Picture To See Larger PictureRetail jobs fell by 9000 in June. Consumer sentiment is declining, Americans are behind on their credit card bills. Interest on the US debt is at an all time high. German dumps Bitcoin, El Salvador purchases Bitcoin, lets see what happens. Biden had his press conference. It was just enough to push the process forward of removing him. The change of batter countdown has begun. The major players will make him the nominee and then remove him. Biden says the delegates can vote for whoever they want, it's not that simple and he knows this. Trump has now trapped the [DS] with the Save Act. No matter which way they go they don't win, pass it they are trapped, they will delay the election.If they don't pass it, the election will be to big to rig.   (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:13499335648425062,size:[0, 0],id:"ld-7164-1323"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="//cdn2.customads.co/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs"); Economy Retail Jobs Fell by 9,000 in June Retail trade employment edged down by 9,000 jobs in June,   Losing sectors included furniture, home furnishings, electronics and appliance retailers, which shed 6,000 jobs over the month, while gainers included warehouse clubs, supercenters and other general merchandise retailers, which gained 5,000 positions. Source: invisionmag.com  https://twitter.com/KobeissiLetter/status/1811549308690346495   steepest drop since the 2020 pandemic. Most recently, consumer sentiment decreased for the 3rd straight month, to its lowest since November 2023. Meanwhile, the US has not had a decline in GDP in nearly 2 years while job gains are making record. The disconnect between data and reality is broadening. https://twitter.com/unusual_whales/status/1811732740540379155   https://twitter.com/KobeissiLetter/status/1811753971205218361  annual interest costs were ~$450 billion, or 60% lower. As a % of GDP, net interest cost this year is on track to exceed a the 1980s high of 3.2%. By comparison, during World War II, net interest expense as a % of GDP was much lower, at 1.8%. The US government needs lower interest rates more than anyone. https://twitter.com/BitcoinMagazine/status/1811686401907290332   https://twitter.com/BitcoinMagazine/status/1811508713619939719   Political/Rights Radio Station Says Biden Campaign Pressured It Into Editing Biden Interview After He Used The Term ‘Blacks’ A Milwaukee radio station agreed to edit a radio interview with President Joe Biden after he used the term “blacks,” according to a statement from Civic Media, a Wisconsin-based left-wing talk show network. The station removed two short segments from the interview Biden did with host Earl Ingram that aired on July 4 at the request of the president’s campaign, according to Civic Media’s statement. “In the interest of transparency, and consistent with Civic Media’s mission and core values, we are sharing the edited segments now, and making the full, unedited interview available,” Civic Media said. “Given the gravity of the current political moment, the stakes in this election, and the importance of public scrutiny of public officials in the highest office, we believe it is important to share this information.” https://twitter.com/metzgov/status/1811473643626537058?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1811473643626537058%7Ctwgr%5E5d0b7c92ee516b244a0018f3f8b460131cf77ca6%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fdailycaller.com%2F2024%2F07%2F11%2Fbiden-campaign-pressured-radio-station-into-editing-biden-interview-after-he-used-term-blacks%2F Source: dailycaller.com
Watch The X22 Report On Video No videos found Click On Picture To See Larger PictureThe temps are cooling on earth, so 91 years of global warming has failed. Canada is trying force the older population out of their homes. Costco is raising their membership fee, this is how you know inflation is here. Inflation drops to 3%, right on schedule. Trump will speak at Bitcoin. The [DS] just played their hand, they have no showed everyone that they are traitors to the US. The Save Act passed the House but the Ds voted against it. Traitors everywhere. The [DS] have formed and planned to remove Biden, Trump is using game theory to flush out Obama and it has worked. Biden will stay in the race and become the nominee, then the [DS] will make their move. Trump and the patriots are counting on this.   (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:13499335648425062,size:[0, 0],id:"ld-7164-1323"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="//cdn2.customads.co/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs"); Economy https://twitter.com/JunkScience/status/1811200118328303961 https://twitter.com/endwokeness/status/1811170142031868020?s=61&t=BdBkJAWYzheOiIIylkbO1g   https://twitter.com/KobeissiLetter/status/1811134427256299947 https://twitter.com/GRDecter/status/1811382242863694250  cut rates in September? https://twitter.com/KobeissiLetter/status/1811389524833935655 5.4% 7. Rent Inflation: 5.1% 8. Food Away From Home Inflation: 4.1% Inflation has been at or above 3% for 39 consecutive months now. While June CPI was a move in the right direction, elevated inflation in key categories makes inflation feel much higher. We've also now had over 3 years of compounding inflation. Affordability is still getting worse. https://twitter.com/unusual_whales/status/1811389226644373835 https://twitter.com/StephenMoore/status/1811158521863344606 https://twitter.com/Jeff_Jacoby/status/1811413237981966375   https://twitter.com/BitcoinMagazine/status/1811433986914238580   Political/Rights Former Pelosi aide accused of sexual assault by ex-Senate staffer An ex-Senate staffer has come forward with allegations that she was sexually assaulted by a former aide to onetime House Speaker Nancy Pelosi (D-CA). A police report obtained by the San Francisco Chronicle details Zahra Hajee’s accusations against Kevin Ortiz. Hajee, a former aide to San Francisco City Supervisor Rafael Mandelman, has also worked for Sen. Alex Padilla (D-CA). She claims Ortiz sexually assaulted her in March and April 2021. Ortiz denies the allegations, saying through his lawyers that the encounters were consensual. Ortiz is the co-president of the Latinx Democratic Club and was working for Pelosi when he met Hajee in early 2021. While he continues to serve as president of the political club, Ortiz left the Democratic leader’s office in 2022. In an attempt to verify his claims that the relationship was mutual, the former Pelosi aide provided screenshots of text messages that show Hajee repeatedly requesting to meet up with Ortiz. Source: washingtonexaminer.com Luna push to fine Garland $10,000 per day over Biden-Hur tapes fails   The House rejected a resolution Thursday to hold Attorney General Merrick Garland in “inherent contempt” of Congress and fine him $10,000 each day that he does not turn over audio tapes from President Biden’s interview with special counsel Robert Hur. Source: thehill.com https://twitter.com/DC_Draino/status/1811426112192262470 https://twitter.com/RepLuna/status/1811421210678604049 https://twitter.com/EndWokeness/status/1811376219402768602 Geopolitical/Police State Elon Musk Defeats $500 Million Lawsuit Over Twitter Mass Layoffs
Watch The X22 Report On Video No videos found Click On Picture To See Larger PictureThe economy is looking very similar to 2008, but there is one major difference, it is a lot worse.Construction is laying off, housing is declining. Layoffs are about to pickup. Bezos is dumping Amazon stock. Does he know something. Powell shoots for Sept rate cut. Patriots ready to take control of the economy. The [DS] is slowly building the narrative to remove Biden. [BO] is now positioning himself for the election. The process is slow, you must show the people and the people must demand a change of batter. The [DS] is now placing all the pieces together for WWIII. Trump has countermeasures standing by.   (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:13499335648425062,size:[0, 0],id:"ld-7164-1323"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="//cdn2.customads.co/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs"); Economy https://twitter.com/KobeissiLetter/status/1810751968870019094  Meanwhile, new home sales have officially dropped below pre-pandemic levels for the first time. It would take ~9 months current new inventory to sell if it sold at the current pace without new inventory coming to the market, 2nd longest duration since 2009. Is the housing run coming to an end? https://twitter.com/KobeissiLetter/status/1811013184402108877 month, the largest increase since September 2023. Meanwhile, 1.858 million Americans are now receiving jobless benefits, the most since 2021. The US labor market is weaker than it seems. Illinois Is A Drag On US Economy, Continues To Be A 'Taker' From Federal Govt; New Report Shows   A new report says Illinois, with the fifth largest state economy in the nation, is helping pull the country down. It should come as no surprise, therefore, that other new reports continue to show that Illinois is a “net taker” in terms of its balance of payments with the federal government. Five years ago, Illinois gave up its long-held claim that it sends the federal government more than it gets in return, and that “net taker” status continues today. The results are damning for Illinois by all four measures, with the state ranking from 45th to 47th on each among the states: Real GDP: Since the fourth quarter of 2019, the United States has grown 8.6% post-COVID-19, but Illinois’ economy has grown only 2.8%, ranking 46th among the states. Total nonfarm payroll: The U.S. and Illinois both lost jobs during the first two months of the pandemic. But since then, U.S. payrolls grew by 4.1%. Illinois, however, has barely surpassed its pre-COVID-19 level, with only 0.2% growth. That ranks Illinois 45th in the nation. Unemployment rate: From March 2020 through May 2024, the U.S average unemployment rate was 5.1% but Illinois was 6.0%, ranking Illinois 45th in the nation. Illinois has consistently been about 0.8% to 0.9% above the U.S. average for the last decade. Currently, Illinois’ unemployment rate was 4.9% in May, which is 0.9% higher than the U.S. average of 4.0  Personal Income: Illinois was one of the slowest-growing states regarding total income growth since the outbreak of COVID-19. Since the fourth quarter of 2019, Illinois’ total income grew by 22.0%, significantly below the U.S. increase of 27.2%, ranking 46th over this period. Notably, Illinois did much worse than all of its neighboring states by each of those measures for those periods. The only exception is that Wisconsin was 47th worst on GDP growth while Illinois was 46th. Full state-by-state comparisons are in the charts in the COGFA report. source: zerohedge.com https://twitter.com/Barchart/status/1810777940642185351 https://twitter.com/GRDecter/status/1811029498806120920 This could push stocks to new highs. Hold on to your hats, kids!
Watch The X22 Report On Video No videos found Click On Picture To See Larger PictureThe climate agenda has failed, the narrative has completely fallen apart and nobody is believing the lies. Companies are laying off, the job numbers don't make sense, jobs are given to illegals. Countries are following in the footsteps of El Salvador, Fed continues with rate cut narrative. The [DS] is going to let Biden be the nominee. Biden is looking for a payoff to drop out. The question is will the [DS] pay him off to drop out. Trump mentions the 25th Amendment. Biden receives a coded message from Warner. Trump warns the [DS]. Do not cheat in the next election. If you do, we know who you are and will prosecute. Trump just gave them a chance, they are criminals and criminals will continue to commit crimes.   (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:13499335648425062,size:[0, 0],id:"ld-7164-1323"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="//cdn2.customads.co/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs"); Economy https://twitter.com/EndWokeness/status/1810656994346287120 Dyson is laying off about 1,000 workers amid 'fierce and competitive global markets'   Dyson is cutting about 1,000 jobs in the UK in a move that may affect about a quarter of its workforce.The British appliance maker, which is now headquartered in Singapore, told staff about the layoffs on Tuesday.The cuts are part of a wider reduction to its global workforce of more than 15,000 people, The Financial Times reported citing unnamed sources. Source: businessinsider.com https://twitter.com/KobeissiLetter/status/1810659282913763755   67,000 and 54,000, respectively, or a total of 111,000 jobs. In the first 5 months of 2024, non-farm payrolls have been revised down by a combined 240,000 jobs. Is the initial headline number even worth following anymore?  https://twitter.com/KobeissiLetter/status/1810355726998544754   consecutive quarter of GDP growth below 2.0% after Q1 2024 GDP of 1.4%. Is the US economy slowing?  https://twitter.com/KobeissiLetter/status/1810408887427981690   most since July 2022. Overall, India’s gold reserves have risen by 37 tonnes this year, or by 5%, reaching 841 tonnes. Are global central banks slowing down their gold purchases? https://twitter.com/BitcoinMagazine/status/1810660731018424431 https://twitter.com/BitcoinMagazine/status/1810717924241658006   Federal Reserve's Powell says "more good data" could open door to interest rate cuts  Federal Reserve Chair Jerome Powell said  that "more good data" could open the door to interest rate cuts, citing recent reports that show that the labor market and inflation are continuing to cool. The central bank left its benchmark interest rate unchanged at its June meeting, and penciled in only one rate cut in 2024 versus its previous forecast of three cuts this year,  Powell stressed that the central bank wants to see further progress in bringing the annual inflation rate to about 2% before cutting rates, Source: cbsnews.com  Fed Chair Powell says holding rates high for too long could jeopardize economic growth Federal Reserve Chair Jerome Powell   expressed concern that holding interest rates too high for too long could jeopardize economic growth. “Reducing policy restraint too late or too little could unduly weaken economic activity and employment,” Powell said in remarks for appearances this week on Capitol Hill.   Source: cnbcafrica.com Political/Rights Claudia Tenney calls for DOJ investigation of Hunter Biden laptop signers for election interference Conservative New York Rep. Claudia Tenney announced Monday that she was sending a letter to the Justice Department that requests an investig...
Watch The X22 Report On Video No videos found Click On Picture To See Larger Picture The net-zero agenda would destroy America. The products that we use today revolves around fossil fuels. We have now surpassed housing affordability compared to 2008. The [CB] follows the same pattern, increase rates, cause the economy to tip over the edge, bring rates down, recession. The [DS] is now trying everything to cheat in the elections. The Biden admin rejected the Save Act, because they don't want to check to see who broke the law. Traitors are now forced out into the light. The 25th amendment will most likely be used on Biden either by him withdrawing or by force, the countdown has begun. Did Trump just signal that he is the real commander-in-chief?   (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:13499335648425062,size:[0, 0],id:"ld-7164-1323"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="//cdn2.customads.co/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs"); Economy Americans can’t afford Biden net-zero agenda  Biden has issued executive orders targeting future domestic oil and natural gas supplies, which will make chemicals more expensive to produce and purchase. His agents at the Securities and Exchange Commission have proposed ESG reports to track carbon emissions from the farmer’s field to the family dinner table. And that’s just the start. This misguided ideological climate agenda is designed to make fertilizers, tractors, trucks, heating and drying equipment, electricity, oil, gas, transportation, freezers, and food more expensive. The higher price tag for each stage of food production, from field to fork, is a feature, not a bug of the Biden economy. It is part and parcel of the Left’s concerted effort to make carbon energy more expensive and reduce consumption. Europe’s electric companies foisted their higher energy costs on consumers, and residential and industrial power prices promptly rose 131% and 59%, respectively, between January 2021 and January 2022. Germany’s manufacturing and chemical industries were tagged with escalating cap-and-trade prices and taxes designed to curb emissions. They responded by spending hundreds of billions of dollars to leave Europe’s grid. To better appreciate the costs American farms and households should soon expect, the Buckeye Institute modeled the anticipated expenses for the “social cost of carbon emissions” on a typical corn farm. Unsurprisingly, diesel fuel for trucks, tractors, and combines will be more expensive. The propane for powering grain dryers, heating barns, and commonly used nitrogen fertilizers will all cost more, too. Once adopted, the Biden administration’s climate-control carbon pricing scheme will raise operating costs for farmers by at least $65,000 per year — a 34% spike. But these price increases are not just the carnivore’s dilemma. Bananas will cost an extra 59%, strawberries will cost another 47%, and rice may soon cost everyone 56% more than it does today. P Source: washingtonexaminer.com https://twitter.com/KobeissiLetter/status/1810298337704255776  HALF of their annual income on mortgage payments. Even renting a home now costs over 30% of the median household income in the US. The last time housing affordability was this bad, interest rates were nearly 20%. Simply having a place to live is becoming a luxury. Federal Reserve’s policy predicts when next recession will start In an analysis shared by Global Markets Investor through an X post on July 7, the correlation between Federal Reserve rate hikes and the onset of recessions is highlighted as worth monitoring. The platform noted that as the US approaches 12 months since the last Federal Reserve rate hike in July 2023,
Watch The X22 Report On Video No videos found Click On Picture To See Larger PictureThe [CB]/Biden admin are manipulating the economic numbers so much that they are no longer making sense. It is now obvious to most people that the economy is on trouble. People are now skipping meals to make ends meet. BRICS prepare to move away from the Federal Reserve Note. Globalism is dead. The patriots are about to expose the traitors in this country. The D's are now instructed to inform their base that Biden is out, change of batter around the corner.Trump and Johnson released a bill saying that anyone who votes in this country must be a US citizen. Those who do not vote for this are traitors to this country. The C_A is to corrupt to clean, it must be dismantled, this is the closing act.   (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:13499335648425062,size:[0, 0],id:"ld-7164-1323"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="//cdn2.customads.co/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs"); Economy How Did 250,000 Jobs Suddenly Vanish This Year?  Did the economy create 206,000 jobs last month? That’s what the Bureau of Labor Statistics reported on Friday. But don’t believe it. Under President Joe Biden, the BLS has been consistently inflating monthly job growth numbers. It makes great public relations, because the press reports only on the initial estimate, and rarely follows up on the subsequent downgrades. But it does help explain why nobody believes Biden’s – and the mainstream media’s – propaganda about how great the labor market is doing. Last month, for example, BLS said that the economy created 272,000 jobs, which the media branded as “whopping,” “robust,” “vigorous,” and a “blowout.” Economists had expected 190,000 new jobs in May. But on Friday, the Bureau of Labor Statistics admitted that it had overestimated job gains in May by 20%, with the new figure just barely above economists’ expectations. The change barely got a mention in the press. Likewise, April’s job gain, which the BLS initially claimed was 175,000, is now just 108,000. That’s a 38% downgrade. January’s 353,000 new jobs – which reportedly “blew economists’ expectations out of the water” – was almost 100,000 jobs too high. February’s initial estimate has since been cut by almost 40,000. (See the chart below.) Source: Bureau of Labor Statistics I&I Chart As a result, a quarter million “new” jobs have vanished into thin air so far this year. This isn’t a new phenomenon. Last year and the year before, the BLS repeatedly announced downward revisions in the number of jobs created. Why? One big reason is the statistical models the BLS uses to fill in gaps in its survey of businesses have been misfiring. Here’s how Bloomberg explains it: A chunk of the potential overestimation of payrolls stems from adjustments the agency makes to the monthly employment report to account for the net amount of businesses opening and going under, Wong and Knapp say. Because the BLS only surveys existing establishments, it uses a so-called birth-death model to estimate those flows. Source:issuesinsight.com Bidenomics: 27% of Americans Say They Skip Meals Due to Rising Cost of Food   27% of Americans say they skip meals due to the rising cost of food. 39% say they skip meals to make house payments. Unusual Whales reported: 39% of Americans say they’ve skipped meals to make housing payments, per Clever Real Estate survey. And among millennials, that figure rose to 44%. Among Baby Boomers, it was 20%. Source: thegatewaypundit.com https://twitter.com/WallStreetSilv/status/1809659995652518372 BRICS to launch independent financial system – Moscow Countries of the BRICS economic bloc are currently working on the launch of a financial system that woul...
Watch The X22 Report On Video No videos found Click On Picture To See Larger PictureThe [CB]/[WEF] have been gas lighting the people for years. They want the people to sacrifice everything and they will keep everything. The unemployment number are so manipulated that they are no longer making sense.The Sahm rule was just triggered, we are in a recession. Mt Gox releases Bitcoin, Bitcoin drops. Fed in holding pattern until Sep. [BO] has begun the push to remove Biden, he will pressure him to step down on his own. The fake news has been instructed by [BO] to show Biden in the worst light. Think about what is happening, the fake news is now attacking Biden, Biden will start calling it fake news. More people will be pushed away. Most likely when Biden doesn't step down, he will be removed. [KH] will step in and pretend she is running, will pick a VP, [HRC]. [KH] will be replaced with [MO]. This will all fail. DHS simulates war games. [BO] is being flushed out.   (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:13499335648425062,size:[0, 0],id:"ld-7164-1323"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="//cdn2.customads.co/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs"); Economy https://twitter.com/EndWokeness/status/1809209497543406029  The revised number gets a footnote. That's why this keeps happening. https://twitter.com/KobeissiLetter/status/1809209723180249327   part-time employment rose by +286,000 workers in May. All while the unemployment rate is now up from 3.4% to 4.1% in just over a year. The reality is that a RECORD number of people are working multiple jobs to "fight" inflation. How is this a "strong" economy? June Jobless Rate Triggers Sahm Rule: Recession In this morning’s US Bureau of Labor Statistics data release, the U-3 unemployment rate increased 4.1 percent in June 2024, rising by one-tenth of a percentage point above the forecast rate.  This uptick triggers the Sahm Rule, a real-time recession indicator, suggesting that the US economy is in, or is nearing, a recession. The Sahm Rule, developed by former Fed economist Claudia Sahm, is designed to identify the start of a recession using changes in the total unemployment rate. According to the rule, a recession is underway if the three-month moving average of the national unemployment rate rises by 0.50 percentage points or more, relative to its low during the previous 12 months. With the June 2024 U-3 rate of 4.1 percent, the average of the last three months being 4.0 and the lowest 12-month rate of 3.5 percent in July 2023, this criterion has been met. Sahm Rule indications (1960 – 2024)   While more data will be required to confirm the Sahm Rule indication, the impact of accelerating prices, interest rates at their highest levels since 2007, and commercially suppressive pandemic policies have probably caught up with US producers and consumers. Source: zerohedge.com Joe Biden Threatens to Send Out Attorneys General to Go After Grocers in Plan to Combat His Food Inflation Crisis Grocery prices are soaring thanks to Joe Biden’s tax-and-spend policies. The US economy is in bad shape because of Joe Biden’s war on domestic oil and the ‘Green New Deal’ disguised as the ‘Inflation Reduction Act.’ Moody’s Investors Service recently cut the US’s outlook to negative. Moody’s lowered its ratings outlook on the US government citing high interest rates, government spending, and deficits. Inflation is still high, grocery prices are up more than 19%, gas prices are still high and more than 15 million illegal aliens have poured over the border since Biden was installed in January 2021. Most Americans are struggling to put food on the table thanks to Joe Biden. Joe Biden is now threatening to jail grocers to combat his in...
Watch The X22 Report On Video No videos found Click On Picture To See Larger PictureBiden says the quiet part out loud, they have expanded energy shortages. ADP job numbers are below expectations. Manufactures tricking customers. [DS] ready to manipulate Bitcoin before the election. The [DS] is now leaking all information so people understand that Biden needs to be removed. They are now playing up the battle, the fake news has been instructed to go after Biden in full force so the people in their party understand he needs to be removed. At the same time they are propping up [KH] to be the candidate after Biden is nominated. Then they will do the change of batter. Trump begins the narrative, they spied on my campaign.   (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:13499335648425062,size:[0, 0],id:"ld-7164-1323"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="//cdn2.customads.co/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs"); Economy Biden Says the Quiet Part Out Loud, Claims He’s Investing Billions to “Expand Energy Shortages” (VIDEO)  Biden announced a “White House summer on extreme heat.” “Later this summer my administration will convene the first-ever White House summer on extreme heat bringing together state, local, tribal and territorial leaders and international partners who are protecting communities and workers from extreme weather,” Biden said.   Biden slipped and said the quiet part out loud. “We’ve invested billions to enhance our power grid. Expand energy shortages so that lights, air conditioning, refrigeration, and internet stay on during heat waves and other climate change…” Biden said. Biden is right. The Green New Deal he signed dubbed, “The Inflation Reduction Act” will expand energy shortages. Source: thegatewaypundit.com ADP Payrolls Disappoint In June - 3rd Straight Monthly Decline In Additions  ADP reported 150k job additions in June (well below the 165k expected) - the third straight monthly decline in job additions and the weakest since January... Source: Bloomberg Even ADP's top economist couldn't spin it... "Job growth has been solid, but not broad-based. Had it not been for a rebound in hiring in leisure and hospitality, June would have been a downbeat month," said Nela Richardson Chief Economist, ADP. . Source: zerohedge.com Major Brands Push 'Upflation' Gimmick To Drive Up Sales   US consumers have been well aware of the 'shrinkflation' phenomenon in recent years, but now there's a new emerging trend: Some of the world's largest packaged goods makers are getting very creative by rebranding existing products for expanding uses, then marked up substantially, and marketed in a way to trick consumers about some new blockbuster innovation. This is happening at a time when consumers are pulling back spending, and the goal of the new sales tactic is to drive more revenue with less. Bloomberg's Leslie Patton and Deena Shanker penned a note explaining how packaged goods giants are quickly adopting a new strategy after years of 'shrinkflation' - called 'upflation' - an attempt to create new applications with existing products. Source: Bloomberg Source: Bloomberg   Source: zerohedge.com 3 In 4 Americans Say They're Not Financially Secure, New Report Shows According to a new Bankrate report, three in four Americans say they are not financially secure, and feel they need to make more money to attain an acceptable level of financial security. In the study by YouGov, Americans said they needed to make $186,000 on average to feel financially secure - more than twice the $79,209 the Census Bureau reported the average full-time worker made in 2022. Source: zerohedge.com
Watch The X22 Report On Video No videos found Click On Picture To See Larger Picture[JB]/[WEF] is falling apart right in front of their eyes, each time the try to advance it is blocked. Even in NY it is falling apart. Biden releases 1 million barrels of gas onto the market, right on schedule. Fed prepares their rate cut narrative. More and more people are transitioning into gold. The [DS] is now scrambling, everything they have done for the last many years is falling apart. The EU is being transformed right before their eyes, this cannot be stopped. [JB]/[BO] know they go to protect themselves from the fallout and make sure they are not prosecuted in the end. They are now moving to take [JB] out using the 25th to shield him against prosecution. [BO]/[HRC] will try to take back control. They are falling right into Trump's trap.   (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:13499335648425062,size:[0, 0],id:"ld-7164-1323"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="//cdn2.customads.co/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs"); Economy Trump-Appointed Judge Lifts Biden’s Pause On New Natural Gas Export A federal court lifted the Biden administration’s pause on approvals for new natural gas export terminals on Monday. Judge James Cain Jr. of the U.S. District Court for the Western District of Louisiana, who was appointed to his post by former President Donald Trump, ruled to grant an injunction against the administration’s January pause on approvals for liquefied natural gas (LNG) export terminals while ongoing litigation plays out. The LNG pause stands as one of President Joe Biden’s most aggressive climate decisions through his first term in office. Cain’s ruling was issued as part of an ongoing lawsuit brought by a coalition of red states against the federal government for the pause. The White House ordered the Department of Energy (DOE) to pause new approvals for LNG export terminals to countries with which the U.S. does not have a free trade deal while the DOE examines the climate impacts of new export capacity alongside economic and security considerations.  Source: dailycaller.com https://twitter.com/ExpertsPostLs/status/1807889840995983799 https://twitter.com/libsoftiktok/status/1808195747495698491   https://twitter.com/Fxhedgers/status/1808172993182408759  cents on July 14, an increase of more than 7%. Prices for all services will rise more than 7.5%. The price hikes are part of the USPS 10-year "Delivering for America" plan intended to financially stabilize the Postal Service. Forever stamps cost 55 cents when the plan was introduced in 2021. https://twitter.com/KobeissiLetter/status/1807854679273136632  would take 9.3 months to dispose of the total inventory at the current sale pace, the most since 2022. It means that the number of potential homebuyers waiting for lower prices is rising. Cracks in the housing market are emerging. Biden Admin Sells 1 Million Barrels Of Gasoline Ahead Of July 4th Holiday, But... The federal government completed the sale of 1 million barrels of gasoline from the Northeast Gasoline Supply Reserve (NGSR),   Last month, the government announced it would release 42 million gallons of gas from storage facilities in Maine and New Jersey to help lower pump prices heading into the typically busy summer driving season. After receiving 19 proposals from five companies since May 21, the federal government awarded contracts to all the firms: BP (500,000 barrels), Vitol (200,000 barrels), Freepoint Commodities (100,000 barrels), George E. Warren (100,000 barrels), and Irving Oil (98,824 barrels). Gas reserves were sold at an average $2.34 per gallon. Senior administration officials touted the news as another victory for the federal government’s inflation-fighting e...
Watch The X22 Report On Video No videos found Click On Picture To See Larger Picture Since the [CB]/Biden admin has reversed Trump's policies many companies are now moving out of the US, Trump will bring them back. Inflation will not disappear. Hedge funds are now selling off tech stocks, what do they know. Sony opening crypto exchange. The [DS] just received a huge blow. The SC ruled in favor of official immunity. Trump got what he wanted, the cases that Biden has brought against them should be dismissed but more than that, Trump can now go after the [DS] for unofficial acts. Grab the popcorn because now it is open season the [DS] players. Their crimes are going to be brought out into the light.   (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:13499335648425062,size:[0, 0],id:"ld-7164-1323"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="//cdn2.customads.co/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs"); Economy John Deere to Execute Big Layoffs in Two States as Company Plans Shift to Mexico John Deere is prepping for more big layoffs in two states that will leave 610 staffers without their jobs on August 30. The company made the announcement on Friday and said those affected will be 280 employees at a plant in East Moline, Illinois, and 230 employees at a factory in Davenport, Iowa, Fox Business reported Saturday. In March, Breitbart News reported that about 150 workers at the John Deere Des Moines Works in Ankeny, Iowa, were moving closer to being laid off in the months of April and May. “Earlier this month, Deere announced it is moving the manufacturing of skid steer loaders and compact track loaders from its Dubuque facility to Mexico by the end of 2026,” the report said. Source: breitbart.com https://twitter.com/KobeissiLetter/status/1807817158811857088 https://twitter.com/KobeissiLetter/status/1807474056402190503 https://twitter.com/BitcoinMagazine/status/1807720381597241418   Political/Rights Oakland Corruption Scandal: Democrat Oakland Mayor Sheng Thao and Government Officials Allegedly Funded by Sex Trafficking Drug Ring   The focus of the investigation is on David Duong, CEO of California Waste Solutions, and his son, Andy Duong. Both have deep-seated ties to Democratic politicians and businesses, NBC Bay Area reported.   Their business dealings and political connections are under intense scrutiny following evidence that suggests they orchestrated a complex scheme to circumvent campaign finance laws and funnel illegal donations to various Democratic candidates. The Mercury News reported:   Charlie Ngo, an alleged “straw donor” on behalf of the Duong family, made large deposits just before or after writing his checks for campaign contributions. Despite his bank account showing insufficient funds, he made significant donations to multiple candidates. According to the FPPC’s filing, Ngo did not have enough money in his bank account to make the contributions he made. For example, he gave $700 to Friends of Desley Brooks even though he only had $49.58 in his bank account; $700 to re-elect Oakland Councilman Larry Reid in 2016 despite having only $2.14 to his name and donated $800 again to Brooks, the former Oakland councilwoman in 2018 despite having $5.32. Each time, “he made a large deposit just before or after writing his check,” city investigators said in court records. He is also listed in campaign documents as giving $700 to Oakland Councilmember Rebecca Kaplan in 2016, $700 to Oakland council candidate Viola Gonzales in 2016, $600 to San Jose Councilmember Tam Nguyen in 2017, and $250 to the campaign of Milpitas Councilmember Anthony Phan in 2016. In all, Mayor Thao, then a councilmember, received $2,400 from people associated with the cafe,
Watch The X22 Report On Video No videos found Click On Picture To See Larger Picture The Biden admin does not want to follow the SC ruling, they are continually going around it, now they said they are freezing the payments. 1 in 3 Americans making over 150,000 are worrying how they will make ends meet. [CB] building narrative of Trump killing the economy, watch the market. The [DS] have initialized a soft coup against [JB]. The plan was to show the people. Optics are very important, they need Biden to be the nominee, they need the people to see his breakdown continue. Obama wants the people to beg for someone else, and when enough their base is looking for someone else they will present the person. Define insurgency, Who's coming into focus?   (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:13499335648425062,size:[0, 0],id:"ld-7164-1323"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="//cdn2.customads.co/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs"); Economy Biden administration freezes student loan repayments following court rulings  On July 1, the Department of Education was going to implement payment reductions, with many borrowers seeing their payments being cut in half. That measure was blocked by Kansas U.S. District Judge Daniel D. Crabtree. ​​”As the court correctly held, whether to forgive billions of dollars of student debt is a major question that only Congress can answer,” he said in a statement. “Blue collar Kansas workers who didn’t go to college shouldn’t have to pay off the student loans of New Yorkers with gender studies degrees.” Source: washingtonexaminer.com Nearly 1-In-3 Americans Earning Over $150,000 Worry About Making Ends Meet: Fed Report As of April 2024, 32.5 percent of respondents earning over $150,000 annually were worried about making ends meet over the next six months, up from 21.7 percent in April of last year, the June survey showed. This percentage is higher than for those in the income groups of $100,000 to $149,999, $70,000 to $99,999, and $40,000 to $69,999. Only individuals who earned less than $40,000, the lowest income group, were more worried than the $150,000-plus group. Among the $150,000 group, 15.3 percent took an additional job, the highest among all income levels.   “We’re seeing far fewer Americans with the goal of becoming ‘rich’ and many families pivoting to just trying to be able to pay their bills on time. Source: zerohedge.com Opinion: To prepare for another Trump presidency, start saving now Trump’s plans cannot help Medicare and Social Security Save for your retirement. Save more, save now, save aggressively. You will need it After Thursday night’s presidential debate, it looks like it’s time to start preparing for Trump’s second term. And when it comes to money, that may come down to one word: save. Source: marketwatch.com https://twitter.com/BitcoinMagazine/status/1807340227058364478 Political/Rights https://twitter.com/judiciarygop/status/1807152945319772306?s=61&t=BdBkJAWYzheOiIIylkbO1g Geopolitical/Police State Rome Anti-Crime Unit Reportedly Raids Anti-Migrant Citizen Journalist, Locks Social Media Accounts  A prolific citizen journalist in Rome has reportedly been raided and by the Carabinieri (police for the Ministry of Defense) and accused of 'spreading racist ideas' on social media. https://twitter.com/RadioGenoa/status/1800348848516125079?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1800348848516125079%7Ctwgr%5Ea4a442bb0db7b85b83f0edb41d6ebed080ca20c4%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fwww.zerohedge.com%2Fpolitical%2Frome-anti-crime-unit-reportedly-raids-anti-migrant-citizen-journalist-locks-social-media
Bob is the created and owner of Trade Genius Academy. Bob also does a podcast on YouTube which is called Trade Genius. Bob begins the conversation talking about how the green new scam is failing. The companies are going bankrupt and the people are not interested in EVs, wind and solar power. The CB is now prepping the market collapse. The Fed will cut rates and this will start a chain reaction which will cause the market to collapse. The good guys are now preparing to take down the Fed, Trump has started the narrative, structure change is coming.
Watch The X22 Report On Video No videos found Click On Picture To See Larger Picture The numbers are in, the Fed is now letting everyone know the inflation is coming down and the Fed is now prepping to cut the rates. Bank of America is now predicting 3000 gold. Bolivia has not removed the ban for Bitcoin. The [DS] is structure is being dismantled right before our eyes. The SC has been reversing what the [DS] had in place for a long time. [BO] plan to expose Biden has worked, the fake news was given permission to attack him. The narrative of a change change of batter is now being pushed. Now the media will continue to push every step of the way and they will try to force him out. 25th on deck. Ezra Cohen sends out a warning.   (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:13499335648425062,size:[0, 0],id:"ld-7164-1323"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="//cdn2.customads.co/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs"); Economy Federal Reserve's preferred inflation gauge shows price pressures easing further  A measure of prices that is closely tracked by the Federal Reserve suggests that inflation pressures in the U.S. economy are continuing to ease. Friday's Commerce Department report showed that consumer prices were flat from April to May, the mildest such performance in more than four years. Measured from a year earlier, prices rose 2.6% last month, slightly less than in April. Excluding volatile food and energy prices, so-called core inflation rose 0.1% from April to May and 2.6% from 12 months earlier. Both figures were slight improvements on the previous month's data.  Rate cuts by the Fed, which most economists think could start in September, would lead eventually to lower borrowing rates for consumers and businesses. Source: apnews.com https://twitter.com/GRDecter/status/1806731303460733192   - Sticking with a bearish view in 2023 as the benchmark soared 24% The stock market is not the economy. Never forget. Bank of America Eyeballs $3,000 Gold Bank of America is eyeballing $3,000 gold. According to a report released by the big bank, gold prices could potentially hit $3,000 an ounce in the next 12 to 18 months as the Federal Reserve begins cutting interest rates and rising debt drives economic uncertainty. BofA commodity strategist Michael Widmer said he thinks the next bull run will be contingent on a pickup in investment demand. “If non-commercial demand picks up from current levels on the back of the Fed rate cut, the yellow metal could push higher again.” Source: goldseek.com https://twitter.com/BitcoinMagazine/status/1806677713417113859 Political/Rights BREAKING: Chevron is Gone — SCOTUS Rules Unelected Bureaucrats Do Not Have the Power to Create Laws  In a landmark decision, the Supreme Court has overturned the long-standing Chevron doctrine, fundamentally altering the balance of power between the judiciary and federal agencies. The ruling, which came in the case of Loper Bright Enterprises et al. v. Raimondo, Secretary of Commerce, et al., marks a significant shift in the balance of power between the branches of government. The Chevron doctrine, established in the 1984 case Chevron U.S.A. Inc. v. Natural Resources Defense Council, has long been a source of contention. It granted deference to federal agencies in interpreting ambiguous statutes, effectively allowing unelected bureaucrats to make laws through their regulatory actions. However, by a 6-3 majority, the SCOTUS has now declared that such power is unconstitutional and goes against the principles of democratic governance. “Justice Neil Gorsuch, the son of a former Environmental Protection Agency administrator, wrote separately to call Chevron Deference “a grave anom...
Watch The X22 Report On Video No videos found Click On Picture To See Larger Picture The green scam is made up of lies, now people are seeing the truth by going back in time to see what these liars have said. 26 states are suing Biden in regards to EVs. SC deals a blow to Biden Ozone case. SC strips SEC power. [CB] says banks passed stress test, translation: bank collapse incoming. The Biden admin is using the same playbook, they just released a new letter from economist about Trump economic policies, this will fail. Trump wants the debates, he wants Biden on full display. Will there be a medical emergency to call the debate short? In the end the people will see the truth.   (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:13499335648425062,size:[0, 0],id:"ld-7164-1323"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="//cdn2.customads.co/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs"); Economy https://twitter.com/ExpertsPostLs/status/1805571139550290272 TAKE A LISTEN 26 States Sue Biden Admin Over Rule Pushing EVs On Americans A 26-state coalition is suing the Biden administration over a new rule that increases the average fuel economy of passenger cars and light trucks. The states filed a legal challenge in the U.S. Sixth Circuit Court of Appeals against the National Highway Traffic Safety Administration (NHTSA) to block the agency’s new fuel economy requirements for passenger cars and light trucks, which the agency finalized on June 7. Provided it withstands legal challenges, the rule will require auto manufacturers to adhere to an industry-wide fleet average of approximately 50.4 miles per gallon for passenger cars and light trucks by 2031 – a move that, critics say, would force car companies to drastically increase the share of their fleets that are electric vehicles (EVs), and, in turn, would negatively impact consumer pocketbooks and American energy independence.     “Congress did not give the NHTSA such power to reshape an industry that would ultimately affect the pocketbooks of consumers— this rule is legally flawed and unrealistic,” West Virginia Attorney General Patrick Morrisey said in a press release announcing the legal challenge on Wednesday. “This will undoubtedly cause the United States to be dependent on other nations like China for our energy needs and will undermine American energy security by increasing demand and straining power grids.” Source: dailycaller.com Supreme Court Deals Blow To Biden EPA’s Ozone Emissions Scheme The Supreme Court temporarily blocked an Environmental Protection Agency (EPA) plan to limit ozone pollution that drifts across state lines on Thursday. The court ruled to temporarily block the EPA’s “good neighbor” rule for ozone, which the agency originally intended to impose on 23 states via complex regulatory processes. The stay will remain in place as litigation over the rule plays out in lower courts. The court decided to block the rule by a 5-4 vote, with Justices Amy Coney Barrett, Sonia Sotomayor, Ketanji Brown Jackson and Elana Kagan dissenting. Justice Neil Gorsuch wrote the court’s opinion, and was joined in the majority by Justices Clarence Thomas, Brett Kavanaugh, John Roberts and Samuel Alito  Ohio v EPA by Nick Pope on Scribd Source: dailycaller.com Core Durable Goods Orders Decline In May; Growth Scare Grows As Shipments Plunge  New Orders for Durable Goods in the US rose by just 0.1% MoM in preliminary May data (better than the -0.5% exp, but that was thanks to a major downward revision in April from +0.6% to +0.2%). Source: Bloomberg The last four months have seen gains ebb rapidly and now durable goods orders are down 1.2% on a YoY basis. Source: Bloomberg Core Capital Goods Orders (non-defense,
Watch The X22 Report On Video No videos found Click On Picture To See Larger Picture They green new scam just a hit new low, the earth is warming and cooling at the same time, temp is perfect. Greta warned us the earth would be in trouble in 5 years, its been  6 years. 16 Nobel prize winning economist attack Trump economic policies saying he might push inflation up. Huge boomerang coming. The [DS] has no place to hide, as the darkness falls so does the enemy. Communication blackout, cyber attacks prepped are readied. Patriots know the playbook. ISIS brought in illegals and ICE cannot locate them. Chatter, trains, buses be vigilant. As the debates approach the [DS] prepares to show their audience the true Biden. Trump puts out video which refers to an X (twitter). Prepare yourself, the storm is coming.   (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:13499335648425062,size:[0, 0],id:"ld-7164-1323"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="//cdn2.customads.co/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs"); Economy We’ve been accidentally cooling the planet — and it’s about to stop It is widely accepted that humans have been heating up the planet for over a century by burning coal, oil and gas. Earth has already warmed by almost 1.2 degrees Celsius (2.2 degrees Fahrenheit) since preindustrial times, and the planet is poised to race past the hoped-for limit of 1.5 degrees Celsius of warming. But fewer people know that burning fossil fuels doesn’t just cause global warming - it also causes global cooling. It is one of the great ironies of climate change that air pollution, which has killed tens of millions, has also curbed some of the worst effects of a warming planet. Source: yahoo.com So we have created global warming and cooling at the same time. Why did they have to change the narrative its because the earth is in cooling phase. So what they are saying warming and cooling at the same time means the temp is perfect. https://twitter.com/BjornLomborg/status/1671488624712458240?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1671488624712458240%7Ctwgr%5E78660d07c8b6a91dad10a2f5b79df3f5e39832e0%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fwww.thegatewaypundit.com%2F2024%2F06%2F6-years-since-greta-thunberg-warned-5-years%2F US New Home Sales Crashed In May  US new home sales were expected to dip 0.2% MoM in May... but they didn't... New home sales crashed 11.3% MoM (after April's 4.7% drop was revised up to a 2.0% MoM rise). That is the biggest MoM drop since Sept 2022... Source: Bloomberg This is the biggest YoY drop since Feb 2023, taking the SAAR down to the same level as it was in 2016... Source: Bloomberg Median new home price fell 0.9% YoY to $417,400 - lowest since April 2023 - (with the average selling price at $520,000) with a big downward revision for April from $433k to $417k!... Source: Bloomberg For the first time since June 2021, median existing home prices are above median new home prices... Source: Bloomberg As BofA warned yesterday: "The US housing market is stuck, and we are not convinced it will become unstuck anytime soon. Source: zerohedge.com https://twitter.com/KobeissiLetter/status/1805956917342134766  4 consecutive months, to their lowest level in 12 months. Elevated interest rates have been the primary driver of this recent trend. In the Midwest alone, home construction has decreased by 19% year-over-year. Is the housing market is beginning to stall? 11 Signs That the U.S. Economy Is in Far Worse Shape Than Most People Think #1 Just like in 2008, delinquencies are on the rise.  In fact, credit card delinquencies have now reached the highest level that we have seen in more than 10 years…
Watch The X22 Report On Video No videos found Click On Picture To See Larger Picture The green power agenda does not work, the world has now seen this and the world is now rejecting this narrative. AG block Biden student loan cancellation. Milei's plan is working, inflation at 0%. Gaetz pushes bill to allow people to pay taxes with Bitcoin, steps to make it legal tender.The [DS] is losing on all fronts. Assange was freed, June ETA confirmed. The clock is ticking down and the people are going to learn the truth. When do you play the Trump card? America First Legal, shows the states the way, each state can verify the citizenship status of the voters. They can request this from DHS, this is already law. It has begun, We The People Are Taking Back The Country.   (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:13499335648425062,size:[0, 0],id:"ld-7164-1323"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="//cdn2.customads.co/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs"); Economy https://twitter.com/WallStreetSilv/status/1805631789311963541 https://twitter.com/GRDecter/status/1805603448131354826 https://twitter.com/AGAndrewBailey/status/1805357030888423743 BIDENOMICS: Hooters Abruptly Closes 40 Locations, Citing Rampant Inflation The iconic restaurant chain Hooters has abruptly announced the closure of 40 locations nationwide, citing the rising cost of food and rent. The restaurant chain, known for its attractive and scantily dressed waitresses, will close stores in Florida, Kentucky, Rhode Island, Texas, and Virginia. Meanwhile, a recent survey by Lending Tree found that having once been an affordable alternative for lower-income workers, nearly 80 percent of Americans now consider fast food to be a “luxury item.” Source: thegatewaypundit.com https://twitter.com/KobeissiLetter/status/1805576728753930448  during the 2008 Financial Crisis, this metric dropped by ~13% and by ~4% in the early 2000s recession. The largest decline in history took place during the 2020 Pandemic with a 20% decline. Meanwhile, consumer sentiment has decreased for a 3rd straight month to its lowest level since November 2023. Inflation is taking its toll on consumers. Javier Milei Leads Argentina to a Week With No Food Inflation for First Time in 30 Years For 30 years, Argentines faced rising food prices every week. Every week for 30 years. Translation: Argentina achieves first week without food inflation in 30 years Source:  legalinsurrection.com  https://twitter.com/KobeissiLetter/status/1805583979447246943 Gaetz unveils bill allowing bitcoin tax payments  Rep. Matt Gaetz (R-Fla.) introduced a bill  that would allow Americans to pay their federal income tax in bitcoin. Gaetz said the radical move would “promote innovation, increase efficiency, and offer more flexibility to American citizens.” “This is a bold step toward a future where digital currencies play a vital role in our financial system, ensuring that the U.S. remains at the forefront of technological advancement,” he said in a statement. The congressman cited his recent visit to El Salvador — which in 2021 became the first country to allow bitcoin as a legal currency — as the inspiration for the bill. Colorado was the first government to approve cryptocurrency payments for taxes in 2022. Utah, New Jersey and Kentucky have also made moves toward approving the payment. Source: thehill.com Political/Rights Oakland Mayor Sheng Thao Speaks Out After FBI Raided Her Home, Blames “Radical Right-Wing” Conspiracy For Wanting to Push Her Out of Office (VIDEO) The Democrat Oakland Mayor who was raided by the FBI lashed out at right-wingers in a presser. Oakland Mayor Sheng Thao spoke out after the FB...
Watch The X22 Report On Video No videos found Click On Picture To See Larger PictureThe [WEF]/Biden admin are using the same tactics the communist used, attack the farmers and starve the people. Homelessness tripled in Chicago because of illegals. Trump trapped the [CB]/fake news, the income tax narrative has begun. The narrative of cyber attacks on the Fed have begun. The [DS] is in the process of showing their audience that Biden cannot function. He will not have a full breakdown but the people will question his ability. [BO] has anxiety over the presidential election, he knows that Biden cannot win this election, even with cheating. SC rules on immunity. Everything is about to shift.   (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:13499335648425062,size:[0, 0],id:"ld-7164-1323"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="//cdn2.customads.co/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs"); Economy https://twitter.com/EmeraldRobinson/status/1804190342951973020 Homelessness in Chicago Has TRIPLED Since 2023 as Illegal Aliens Flood City’s Shelters Homelessness in Chicago has tripled over the past year as illegal aliens continue to arrive in the city in overwhelming numbers. According to the latest study conducted by the federal government, the number of homeless people out on the streets has risen by a staggering 200 percent since early 2023. The Center Square reports: Migrants who have taken advantage of the Biden regime’s open border policy are typically bused to Chicago or other major cities such as New York, Los Angeles, and Denver. However, Illinois remains one of the most popular destinations, with authorities spending a staggering $1 billion worth of taxpayers’ money on providing the illegal aliens with free shelter, healthcare, food, education, and various other costs.   Source: thegatewaypundit.com https://twitter.com/KobeissiLetter/status/1805235110188388402   to Redfin. The decline has been driven by rising prices, high mortgage rates, and low inventory. To put this in perspective, the average second-home was worth $475,000 in 2023, versus a primary home price of $375,000. Even wealthy Americans are finding the housing market to be too expensive. https://twitter.com/KobeissiLetter/status/1804949638060913016 US Taxpayers Hit With Record Penalties in FY2 The government has become desperate for funding, seeking out money from their own citizens through taxation. Not only have they raised taxes for every bracket, but the IRS managed to squeeze more money out of Americans through audits for fiscal year 2023 than any year on record. In fact, the IRS shook down Americans for an additional $7 billion in tax penalties alone – a 300% increase from FY22.  . Biden claimed he would target the hated “rich” but reports have found that the majority of those targeted were gig economy workers and freelancers. Biden has done everything in his power to kill the gig economy. The IRS hates the gig economy because they believe those workers are stealing from Uncle Sam. The average penalty for underestimating taxes was around $150 in 2022. This year, the average penalty was around $500. The IRS also ramped up its campaign to fine anyone who missed the tax deadline. Late payment fees increased to $485 or 100% of the tax owed if that amount is less. Then there is the question of “How much do I owe?” The tax system in the US is so complex that there are careers dedicated toward figuring out that predicament. Every citizen and business would prefer if the government simply told them how much they needed to pay. Instead, they deliberately make the tax code vague in order to penalize everyone and anyone. The penalty for underpayment rose in the past year from 3% to 8%.
Watch The X22 Report On Video No videos found Click On Picture To See Larger PictureThe [DS] is pushing very hard with their climate hoax. Schwarzenegger joins Podesta pushing the fake narrative. All countries are in on placing tariffs on China, but China will produce their products in Mexico. Bankruptcies are rising. Trump is about to remove centralization. The [DS] is trapped, their plan has backfired big time. The people are waking up and and more will wake up as we get closer to war. Trump has now entered the double digit landslide victory area. The counterinsurgency is almost complete, mil-civ alliance to destroy the [DS]. This was years int he making, it had to be this way.   (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:13499335648425062,size:[0, 0],id:"ld-7164-1323"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="//cdn2.customads.co/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs"); Economy Arnold Schwarzenegger Joins Forces with Scandal-Plagued Democrat Operative John Podesta to Fight Climate Change  Arnold Schwarzenegger and John Podesta, who replaced John Kerry as the Senior Adviser to the President for International Climate Policy, have teamed up at the ‘Austrian World Summit’ in Vienna, Austria. The duo is presenting a united front to discuss the supposed ‘essential political tools’ needed to tackle climate change, a topic that has been increasingly weaponized by globalist agendas. Source: thegatewaypundit.com Canada Set To Follow US, EU Lead On Hiking Tariffs On Chinese-Made EVs First it was the EU and the US, now it looks like Canada could be next to weigh tariffs on Chinese made electric vehicles. Justin Trudeau's government is considering new tariffs on Chinese-made electric vehicles to align with US and EU actions, according to a new report this week by Bloomberg. Bloomberg reported that Trudeau faces growing pressure to follow President Biden's lead, who in May announced plans to nearly quadruple tariffs on Chinese-made EVs to 102.5%. Both the US and the EU are worried about China flooding the market with cheap supply of EVs and undermining their domestic industries, with seasoned Chinese EV companies like BYD now aggressively entering global markets.  a Source: zerohedge.com POLL: 87 Percent of Americans Think Biden’s Policies Have Hurt or Had No Impact on Inflation A large majority of Americans believe Joe Biden’s policies have caused hurt or have had no impact on fighting inflation, according to new polling from Monmouth. Trump is also more trusted on this issues. Breitbart News has details:  Monmouth Poll: 87% Say Biden’s Policies Hurt, Had No Impact on Rising Costs Eighty-seven percent of Americans believe President Joe Biden’s policies either hurt or had no impact on inflation, the number one issue among respondents, a Monmouth University poll found this week.   Americans said inflation was their first concern (24 percent), while the economy came in second (14 percent). Everyday bills ranked third (11 percent). Political stability was fourth (6 percent). Source: thegatewaypundit.com https://twitter.com/KobeissiLetter/status/1804574607401210118   the 3rd largest monthly number since 2020. Most bankruptcies have been seen in consumer discretionary companies as Americans continue scaling back their spending. Red Lobster is one of the notable examples which just filed bankruptcy. More signs of economic weakness are emerging. Ted Cruz Puts Trump’s Tax Idea Into Bill Form, Quickly Gets Support from Fellow Republicans  Republican Sen. Ted Cruz of Texas is not waiting until after the presidential election to launch a bid to put one of former President Donald Trump’s ideas into effect. Cruz has introduced the No Tax on Tips Act that would ke...
Eric Trump kicks off the conversation talking about his father’s case. The entire case was built of no evidence and the judge is corrupt. The people of this country now see the two tiered justice system. The more the [DS] tries to stop Trump they are waking up more people. The elections were rigged in 2020 and they are going to try to rig the election 2024. But the elections are protected and the people will take back the country.
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Comments (150)

Jeff Craig

í k know kids kooimkk too like to p

Jun 20th
Reply

Bjorn Stringham

why is the May 28th, 2024, episode only 15 minutes?

May 28th
Reply

Hacked Robot

Trump is just another Christian Zionist who'll support Israel's ethnic cleansing and rampant war crimes.

Mar 2nd
Reply

Norine Simmons

very good podcast

Feb 29th
Reply

Norine Simmons

I love this channel or podcast. I learn so much. Thank you for having it

Feb 29th
Reply

Gary Kirk

I decided to give you a shot again, after a couple years of not listening because of all of your failed predictions, now you have even more sponsors. You should be ashamed of yourself, but I guess you're making a lot of money, right?

Feb 24th
Reply

Matthew Brinley

To get the most reliable information on the deep state, there are a few podcast I recommend. X22 report, Firebrand with Rep Matt Geatz, Sen. Ted Cruz as well.

Feb 15th
Reply

Bjorn Stringham

Damn Dave...you were ON FIRE today. 01/30/2024

Jan 30th
Reply

Oliver Lynn

Don Zog is bringing the ZWO. They are all working together, Dave is full of shit. Any time Dave says, "I do believe", just substitute, "never will happen" and you'll do fine.

Jan 22nd
Reply

Oliver Lynn

they are all in it together, there are no white hats

Dec 15th
Reply

Oliver Lynn

They are all working together, Dave is full of shit

Dec 14th
Reply

Oliver Lynn

There are no good guys, they are all in it together

Dec 11th
Reply

brian engles

awesome show. Thanks men.

Dec 10th
Reply

brian engles

could it be that Obama is the "queen"? further humiliation since he's gay. Therefore, what king is obama protecting?

Dec 9th
Reply (2)

brian engles

what if they ask Oprah??

Nov 27th
Reply

Charlene Sanders

Like your content, but you talk so fast (I even turned the speed down), and your voice is the same throughout, like it is computer generated. No stopping to breathe, no change in inflection, nothing to make it sound more interesting, or like you are having a conversation. It is exactly the same every time and unfortunately grates on my nerves, so I might need to quit listening.

Oct 20th
Reply

Doug T

Trump is no hope for the future. There is no hope. We are going face first into the shitstorm of the ages. Nothing is going to stop it. Most of all Trump.

Aug 21st
Reply

Na'ah Buddi

Dave, I would love to see you do an episode interviewing Mike Lindell, Cathy O'Brien (MK ULTRA survivor), Benjamin Fulford, and Michael Baxter.

Jun 26th
Reply

Na'ah Buddi

Very interesting episode! I'm glad to hear you are finally educating your listeners on the Khazarian Mafia.

Jun 14th
Reply

Na'ah Buddi

I wish I had a Michelle Obama weiner, do do le do!

May 24th
Reply
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