May 15, 2024
The Wealth Gap: An Existential Threat
By Robert A. Taft

Since 1970 the value of the dollar has steadily declined. The lower 80% of Americans have lost income and purchasing power, largely due to the exodus of manufacturing by global corporations. As a result, the wealth gap between the global rich and the rest has widened.

From 2007-2016 the net worth of the richest Americans increased by 20% while the lower 80% decreased by the same percentage, widening the wealth gap considerably. The Federal Reserve sparked this change using quantitative easing to boost the sagging stock market. The rich could invest in this wealth explosion but the rest could not as much.

Increasingly wealthy globalists pressured the government and now the top 1% own over half of U.S. wealth while the top quintile owns about 94% of the wealth. The bottom 80% have their wealth tied up in their homes or vehicles and most suffer from chronic debt.

Not only does the Fed-backed stock market favor the super-rich, but the U.S. tax system does too. The average American pays an effective tax rate of 13% while the very rich pay 18%. But when wealth gains are included, the effective tax rate on the very wealthy averages a mere 4.8%.

more
https://www.americanthinker.com/articles/2024/05/the_wealth_gap_an_existential_threat.html

“Stand up, Chuck, let 'em see ya."

Biden's Brain Breaks at APAICS Gala, Makes Creepy Comment About Woman, Adds New 'Origin Story'
By Nick Arama | 10:18 PM on May 14, 2024

Joe Biden delivered some brief remarks at the Asian Pacific American Institute for Congressional Studies’ 30th Annual Awards Gala on Tuesday evening.

It didn't go well; he was slurring a lot throughout the remarks.

Anyone who knows Biden knows that anytime he talks to a group, he's going to come up with an "origin story" that fits the occasion. On this occasion, he noted how he was "raised" by the late Sen. Danny Inouye (D-HI) when he came to the Senate. He also mentioned he was friends with former Secretary of Transportation Norm Mineta, so I guess that all makes him Asian too. Add that to the long list of all the things Biden is.

But then he botched his acting labor secretary's name.


https://twitter.com/RNCResearch/status/1790534389077533167

Then he made some weird comment about a lady in the audience whose gown he liked. "Where is she? Stand up, kid! I like that dress. Let 'em see your gown!"


https://twitter.com/RNCResearch/status/1790534815181062466

He slurred, referring to the person as "Director of my Office of Science and Technology." That person is Dr. Arati Prabhakar, whom he's referring to, and Biden made that a Cabinet-level position. He's now referring to a female member of his Cabinet as "Kid."

It's so creepy that he just can't seem to stop himself from making weird comments or doing strange things around women and girls.

much more
https://redstate.com/nick-arama/2024/05/14/biden-remarks-at-asian-gala-n2174212

 The 2024 race to the White House is now Donald Trump’s to lose
By Social Links for Michael Goodwin
Published May 14, 2024, 10:19 p.m. ET

The verdict is in and the people have spoken.

The court of public opinion doesn’t give a damn about Stormy Daniels and Michael Cohen.

Outside Manhattan and other Democratic strongholds, Americans don’t care whether a flaky porn actress and an ex-con serial liar with a closet full of axes to grind are telling the truth.

In fact, media obsession about the partisan show trial of defendant Donald Trump is obscuring a far more significant truth about him.

Candidate Trump has opened his biggest lead in the presidential campaign.

Polls of battleground states, along with such anecdotal evidence as the enormous turnout of 100,000 people at his New Jersey rally and dispirited concessions by Joe Biden supporters, signal that we’ve reached a turning point in the battle for the White House.

more
https://nypost.com/2024/05/14/opinion/the-2024-race-to-the-white-house-is-now-donald-trumps-to-lose/