by Craig Hemke, Sprott Money:
Another deal to extend the debt limit of the U.S. government appears to have been reached. If that’s a surprise to you, then I guess you haven’t been paying attention over the years.
The farce of the “debt ceiling” is simple political theater and nothing more. For decades, cynical politicians have used the imagined “catastrophe of default” as a tool to stoke division and score political points, usually just before major elections. Both sides of The Uniparty will ultimately claim victory, allowing their partisans to rejoice while the public at large gets fleeced.
Many ethical and moral people in America are leaving their jobs and even abandoning LGBT “activism” because corrupt organizations are leveraging “long-term cash” promises based on whether workers accept the grooming of children and the sex-change-surgery “movement” called transgenderism. The whole transgender movement has dangerous hidden motivations, like promises of funding, raises, or being “excluded” for not going along with the “normalization” of grooming children to think sex thoughts all day and want to destroy their bodies with dangerous surgeries and mutilations in the name of gender “fluidity.”
Whoever buys the defaulted loan gets the tower. So far, investors and specialized lenders have been on the hook, not commercial banks.
Tara Reade said she faced persecution in her own country over her claim that she was raped by the US president 30 years ago
The unelected health agency makes another power grab during pandemic treaty negotiations.