"Virtue gives birth to tranquility, tranquility to leisure, leisure to disorder, disorder to ruin… and similarly from ruin, order is born, from order virtue, from virtue, glory and good fortune." -- Niccolò Machiavelli

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Paradevices

 

By Tyler Durden

In April's politburo meeting, the Chinese government's newfound focus on an oversupplied housing market was setting the stage to usher in new rescue policies to stabilize the economy. Weeks later, Bloomberg reported that the government was considering a plan for local governments to purchase millions of unsold homes to clear the excess supply. 

According to sources familiar with government discussions, the State Council requests feedback from various provinces and government entities on the home-buying plan.

Here's more color on the plan via Bloomberg: 

Local state-owned enterprises would be asked to help purchase unsold homes from distressed developers at steep discounts using loans provided by state banks, according to two of the people. Many of the properties would then be converted into affordable housing.

Officials are still debating details of the plan and its feasibility, the people said, adding that it could take months to be finalized if China's leaders decide to go ahead. The housing ministry didn't respond to a request for comment.

In a note earlier, Goldman's Peter Sheren told clients that this news is nothing new and "has been speculated for 3-4 weeks." 

"This was one of the initial catalysts for the China Property Sector (GSXACNRE) to rally 21% in the past month," Sheren said. 

Housing prices in China have already fallen 25-30% from the peak and presented a dark cloud of economic uncertainty over China's financial system stability and continued risk for China's macroeconomic backdrop. If authorities do proceed with the plan, in a separate note, Goldman's Wang Yi believes "this new initiative might help to stabilize housing prices." 

Here's more commentary from Goldamn's Sheren this morning: 

"Wang Yi and team think if the coming measures focus on clearing "saleable inventory" (which includes both completed and uncompleted but unsold units, and that are less than 3 years of last year sales volume) or about 1/4 of the entire inventory backlog, property price stabilization might be achievable.

"Wang Yi estimates that there was Rmb30tn (US$4tn) in residential inventory by end-2023. If fully built-up, this will be about 10X what the market sold in 2023, or 1/4 of total housing stock as of end-2023. The required capital investment for completing such inventory could be 5X the construction CAPEX in 2023."

Tags: CHINA/TAIWAN, CORPORATE MEDIA, COVER-UP/ DECEPTIONS/ PROPAGANDA, CURRENT EVENTS, ECONOMY
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Independent journalist Christina Urso, known professionally as Radix Verum, has reported that Bank of America abruptly terminated her bank account. Urso, who has been critical in her reporting on various issues including the FBI’s involvement in the Governor Whitmer kidnapping case, took to social media platform X to voice her concerns and frustrations.

According to Urso’s posts on X, the termination came without warning or clear explanation from the bank’s risk department. She claims that despite her long-standing relationship with Bank of America, access to her funds was denied and she was informed that a check for the account balance would be mailed to her without specifying when.

“So Bank of America has decided to ‘terminate’ their business relationship with me. Their ‘risk department’ made this determination for literally no reason. I have been with them for years. This is clearly because of my documentary and my critical reporting.

Webmaster addition: Imaging how much worse the abuse will be after we are all forced into a cashless society!

Tags: CURRENT EVENTS, DICTATORSHIP, POLITICS/ ELECTIONS/ CORRUPTION
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In the US we heard both of these narratives heading into the recent congressional vote for billions more in monetary and logistical aid to Ukraine. Neocons and Democrats worked together to force the bill through with a percentage of true conservatives fighting to stop it. Those conservatives were attacked relentlessly by the media for “helping the Russians”, but the reality that no one in the mainstream wants to talk about is that Ukraine has already lost the war.

No amount of additional funding or arms shipments are going to help them, and it has nothing to do with conservatives questioning the validity of war spending. Anyone who has a basic understanding of military strategy knows that the key to winning is ALWAYS manpower first, logistics second. Not superior technology or armaments, not superior cash and certainly not popular support from foreign interests.

This is especially true in a war of attrition, and attrition is in fact the method being used by Russia to systematically whittle down Ukraine’s forces. However, the western media refuses to discuss what’s really happening and has been acting as a hype machine for Ukraine instead.

In September of 2022 I noted that the Russian pullback to the Donbas was not the “retreat” the western media made it out to be. Many establishment talking heads claimed that this was the beginning of the end for Vladimir Putin and that Ukrainian forces would be taking Crimea in the near future.

I argued that Russia was likely trying to consolidate its position as western artillery and tanks flooded into Ukraine. I also suggested that Russia wanted to avoid urban combat in major cities while tens-of-thousands of seasoned mercenaries were rushing to the front from the US and Europe. I predicted that the Russian pullback was in preparation for surgical strikes on western Ukraine’s resources and grid infrastructure.

Claire's Observations:  One of the primary reasons that there are no peace negotiations, is that Bye-Di-Bye and his minions do NOT  want this campaign to end in catastrophic defeat, as did the campaign to leave Afghanistan, before November's election.  

Unfortunately, that is precisely what is about to happen, and they had better prepare for it now.  There is utterly no way to turn this around.  And if the Russian troops capture Kharkiv, Ukraine's second largest city, how long before they breach Kiev's defenses?~?

I don't know what the Vegas odds are on this happening before the Memorial Day celebration in the US, but this being the Ides of May, I would be willing to bet that it won't take until the end of June for the Russians accomplish a Ukrainian capitulation in Kiev.

What an horrific waste of Russian and Ukrainian lives this has been; it looks like the US and NATO leadership has been snorting too much of that "hopum/changium" stuff to really understand the difference between reality and magical thinking here, and that .... has been deadly for far too many people.

Tags: CORPORATE MEDIA, COVER-UP/ DECEPTIONS/ PROPAGANDA, CURRENT EVENTS, RUSSIA/ UKRAINE /BELARUS /CRIMEA, WAR/DRAFT/ VETERAN AFFAIRS, WHITE HOUSE, WMD
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It was always right there.

Hiding in plain sight.

Right under our noses every time we played the simply game of Monopoly.

It’s almost like they were mocking us. ‘We have the monopoly on money and we don’t. Deal with it.’

This was brought to the attention of 31,000,000 people via Elon Musk’s post on X.

He simply stated how the Fed works.

They never run of money because they print however much they need.

Webmaster addition: 

 

Tags: ECONOMY
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Between January and August of 2023, the United States Department of Homeland Security (DHS) sent more than 200,000 migrants from a controversial parole program to 45 municipalities across the country – here are the top 10:

Atlanta
Dallas
Ft. Lauderdale
Houston
Los Angeles
Miami
Orlando
New York
San Francisco
Tampa

Article by Ethan Huff, republished with permission from Naturalnews.com

More than 80 percent of the migrants ended up in Florida with Miami receiving more than any other city at 91,821 of them.

Reports indicate that the program was enacted in October 2022, allowing a limited number of migrants who had not entered the U.S. illegally to fly directly into the country and land in one of 45 locales.

All qualifying migrants had to already have a sponsor in the U.S., and they all had to pass various vetting tests before being allowed entry.

The program was initially announced specifically for fleeing Venezuelans, but was later expanded to include Haitians, Nicaraguans and Cubans.

Tags: IMMIGRATION/GLOBALISM, WHITE HOUSE
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Could a repeat of the 2020 COVID pandemic be on its way?…

Apparently, President Trump believes so.

In a just-released video, Trump warned that crazy left-wingers are trying to use the ‘bird flu’ to RIG November’s election.

But he promises, “We will not comply,” this time around, saying that he will cut off federal funding to any business, school, or airline that forces a mask mandate or vaccine.

Watch here:

 

Trump says Left wing lunatics are trying to use bird flu to rig the 2024 election

Tells everyone “we will not comply” and promises to cut off federal funding to any school, airline, or business that forces masks or vaccines on anyone pic.twitter.com/5wIn7wOSjM

— DC_Draino (@DC_Draino) May 14, 2024

Tags: POLITICS/ ELECTIONS/ CORRUPTION, SCIENCE/ HEALTH/ CLIMATE/ NATURE, WHITE HOUSE
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In Savage, Minnesota, a distressing incident unfolded at Hidden Valley Elementary School, where a nine-year-old girl was reportedly attacked by classmates for not being Muslim. Shawna Larson, the girl’s mother, shared that her daughter was assaulted during a school playground event, prompting an urgent discussion with the school’s principal and teacher. Despite the severity of her injuries, which included a black eye and multiple bruises, Larson was dissatisfied with the school’s handling of the situation, feeling that the response lacked the necessary rigor and consequences for the attackers.

The alleged assault led Larson to file a report with the Savage Police Department, highlighting a disturbing trend where she feels that racial and religious motives are overlooked in school settings. This incident has raised significant concerns about safety and the enforcement of disciplinary actions in educational environments. Larson was particularly troubled by the lack of immediate action against the students involved, noting that no suspensions or expulsions were issued, which might have served as a deterrent for future misconduct.

Webmaster addition: 

 

Tags: IMMIGRATION/GLOBALISM, RELIGION/ATHEISM, WHITE HOUSE
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The sun released another powerful stream of energized particles toward Earth early Tuesday, causing blackouts over the U.S.

The National Oceanic and Atmospheric Administration (NOAA) showed disruptions over all of North America at about 12:51pm ET.

The solar flare, classified as an X8.8, was the the strongest to come from this cycle which started in 2017 - NOAA said it was a radio blackout level 3 (R3) on a scale from one to five.

The stream launched from a sunspot that has been pummeling our planet for the last few days, which NOAA had said is the size of the spot that caused the worst solar storm in history.

Tags: SCIENCE/ HEALTH/ CLIMATE/ NATURE
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Staunch Biden defender and Congressman Dan Goldman (D-NY) admitted that he helped prepare Michael Cohen for his testimony against former President Donald Trump, another sign that the Republican’s supporters point to as evidence of a politically-motivated criminal trial.

Trump ally Alex Bruesewitz highlighted the clip of Goldman on MSNBC where he joined former Democratic Sen. Claire McCaskill and others to break down Cohen’s appearance in court Monday, which Goldman claimed only happened because of him.

Tags: POLITICS/ ELECTIONS/ CORRUPTION
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Archaeologists have discovered mysterious structures hidden below the surface near Egypt’s Great Pyramid that could be an unknown tomb built 4,500 years ago.

The team used ground-penetrating radar on Giza’s Western Cemetery, uncovering an L-shaped anomaly that appeared as an entranceway to a chamber below.

The burial ground holds the remains of King Khufu, who commissioned the iconic pyramid, his family members and high-ranking officials, suggesting another elite tomb could be hiding beneath the sands.

The L-shaped structure is up to six feet below the surface and filled with sand, which researchers speculated was intentionally done after it was constructed to block the entrance to the ‘chamber’ nearly 30 more feet below.

Tags: SCIENCE/ HEALTH/ CLIMATE/ NATURE
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This is NOT a good sign for Biden!

Webmaster addition: 

Tags: POLITICS/ ELECTIONS/ CORRUPTION, WHITE HOUSE
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Tags: ECONOMY
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On Monday, video streaming platform Rumble announced it is suing YouTube parent company Alphabet for over a billion dollars in damages.

The suit claims that “Google exploits significant conflicts of interest that stem from its multiple roles in this electronically traded marketplace,” and is therefore able “to pocket a supra-competitive portion of every advertising dollar that passes through the Ad Tech markets it controls, ad-revenue that rightly should have passed through to publishers like Rumble and its content creators.” Rumble added to the criticism that Alphabet was acting as a monopoly, referencing established antitrust precedence.

This will be the second lawsuit Rumble has carried out against Google in a handful of years, with the first being the 2021 lawsuit over Alphabet’s self-preference in search results. The earlier lawsuit also confronted Alphabet for its relationship with Android and preloaded bundles of their apps on Android devices.

Tags: CORPORATE MEDIA
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Alex Jones breaks down a disturbing report by Greg Reese detailing how the U.N is driving the migration flows with contingents of its own forces embedded in the mostly military-aged migrant caravans to activate civil unrest at a later date.

Tags: IMMIGRATION/GLOBALISM, UN
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Breitbart reports that the parent company of Mark Zuckerberg’s Facebook and Instagram social-media platforms is diving headfirst into the world of AI-powered wearables with its so-called Camerabuds project.

Camerabuds will combine “audio, video, and AI to form the ultimate surveillance capitalism data gathering tool,” Breitbart reports.

Android Authority reports that according to a report by the Information, Meta, the parent to Facebook and Instagram, is developing AI-powered earphones equipped with cameras, internally codenamed Camerabuds.

These earphones, Breitbart reports, “are designed to leverage AI capabilities for real-time object identification and foreign-language translation, potentially revolutionizing how users interact with their surroundings, and providing Meta with an incredible amount of data about the personal lives of wearers–and anyone they come in contact with.”

Tags: COMPUTERS/INTERNET/AI, CONSUMER RIGHTS / PRODUCT REPORTS
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Authored by Zachary Stieber via The Epoch Times 

A vial of AstraZeneca vaccine is seen at a mass COVID-19 vaccination clinic in Calgary, Alta., on April 22, 2021. (The Canadian Press/Jeff McIntosh)

An American woman who suffered an injury from Astra Zeneca’s COVID-19 vaccine sued the company on May 13, alleging the company breached a contract by not paying for the medical care she requires to deal with the injury.

They left us no choice,” Brianne Dressen, a preschool teacher in Utah, told The Epoch Times in an email.

Ms. Dressen has paid tens of thousands of dollars to drugs to treat the nervous system disorder and other issues she’s experiencing, according to the complaint, filed in federal court in her home state.

Ms. Dressen chose to participate in AstraZeneca’s clinical trial in 2020 because she wanted to help the company develop its COVID-19 vaccine. The consent form she signed stated in part that AstraZeneca would “cover the costs of research injuries” and “pay the costs of medical treatment.”

With these reassurances should something go wrong, Bri signed the form, rolled up her sleeve, and let the drug company inject the experimental product into her arm. Her mind was at peace, as Bri believed she was doing the right thing for her country, her students, and her family,” the suit states.

Ms. Dressen soon started experiencing problems, including blurred vision, tinnitus, and vomiting. She later became extremely sensitive to light and suffered spikes in her heart rate.

Ms. Dressen went to see numerous doctors as she attempted to figure out what was wrong with her, and seek treatment.

In 2021, U.S. National Institutes of Health doctors diagnosed Ms. Dressen as having “post-vaccine neuropathy,” according to records reviewed by The Epoch Times.

Bills for the doctors’ visits and drugs they prescribed began piling up quickly. The immunoglobulin recommended by government doctors alone costs $9,909.82 a month.

Ms. Dressen and her husband, a chemist with the U.S. Army, kept AstraZeneca and Velocity, which ran the trial for the company, apprised of the accumulating costs, according to the suit.

The family messaged Velocity on Jan. 15, 2021, with the first set of payment records for treatment but received no response, according to the suit. “Checking on updates for this. . . . When may we expect payment?” Brian Dressen, Ms. Dressen’s husband, wrote several weeks later.

I am sorry you have not heard anything as of yet. Hopefully I get an answers [sic] soon. I will reach out again today,” a Velocity official responded.

No funds came to the family, forcing them to refinance their home.

“I’d like to know when we can expect the first payment on Brianne Dressen’s medical bills? Two months since submitting...“ Mr. Dressen wrote on March 18, 2021. The Velocity official said that she was ”forwarding on” the payment records.

“Hey this is Brianne Dressen. Can you advocate a bit for us here help us get a timeline for payment? I am still not doing well, we have had to hire for after school childcare. We really need this money,“ Ms. Dressen wrote on March 24, 2021. The official said the following day she would be escalating the issue and did not understand ”why it is taking so long.”

The back-and-forth continued for months with no reimbursement paid to Ms. Dressen

Claire's Observations:  If there was a contractual agreement to pay, if things when south with the vaccine trial, then Astra Zeneca is on the hook for this, pure and simple.  And even with a court case against them, they may still attempt to weasel out of it, because I cannot believe for one moment, that Brianne Dressen is the only one who developed massive problems after the trial.

Tags: CORPORATE MEDIA, COVER-UP/ DECEPTIONS/ PROPAGANDA, CURRENT EVENTS, SCIENCE/ HEALTH/ CLIMATE/ NATURE
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Joe Biden sat down for a one-on-one interview with CNN’s Erin Burnett to discuss his dumpster fire economy and 2024 strategy.

Biden thought he was going to have a softball interview with CNN but he completely crumbled when Erin Burnett fact-checked him to his face.

Burnett pointed out that the economy is the most important issue for voters.

“It’s also true, Mr. President that voters, by a wide margin, trust Trump more on the economy. They say that in polls,” Erin Burnett said.

She continued, “The cost of buying a home in the United States is double – if you look at what it was, the monthly costs before the pandemic.”

“Real income, when you account for inflation is actually down since you took office,” Burnett said. “Economic growth last week, far short of expectations.”

“Consumer confidence, maybe no surprise, is near a two-year a low. With less than 6 months until Election Day, are you worried that you are running out of time to turn that around?” Erin Burnett asked Biden.

Webmaster addition: 

 

Tags: ECONOMY, WHITE HOUSE
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Aaron Rodgers tells Tucker Carlson that the US government confiscated Pat Tillman’s journal and used his death to “prop up the war propaganda” in 2004.

Tillman, who was a former NFL star, left his career to serve in Afghanistan. When he got there, he started to question the real motives behind the US military’s presence in Afghanistan and was troubled by the operations he was part of.

Tillman’s death was initially reported as being caused by enemy fire, but it was later revealed that he died from friendly fire.

Tags: AFGHANISTAN, COVER-UP/ DECEPTIONS/ PROPAGANDA, WAR/DRAFT/ VETERAN AFFAIRS
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The U.N.'s International Court of Justice will hold hearings on Thursday and Friday to discuss new emergency measures sought by South Africa over Israel's attacks on Rafah during the war in Gaza, the court said Tuesday.

The measures form part of an ongoing case South Africa filed at the ICJ in December last year accusing Israel of violating the Genocide Convention during its offensive against Palestinians in Gaza.

Israel has previously said it is acting in accordance with international law and has called the genocide case baseless and accused Pretoria of acting as "the legal arm" of Gaza's ruling Hamas militants.

South Africa will address the court on Thursday after it asked the ICJ, also known as the World Court, last week to order Israel to cease its Rafah offensive and allow unimpeded access to Gaza for U.N. officials, organisations providing humanitarian aid, and journalists and investigators.

Israel will present its side of the case on Friday, according to the court schedule.

Tags: ISRAEL, PALESTINE, TORTURE/ WAR CRIMES, UN, WAR/DRAFT/ VETERAN AFFAIRS
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An economic specter haunts America. It’s also one that many American politicians – Republican and Democrat – say a great deal about but are reluctant to address.

The name of that shadow is the United States National Debt: what the US Treasury Department defines as “the amount of money the Federal Government has borrowed to cover the outstanding balance of expenses incurred over time.”

If you go to the Treasury’s website, you can see just how big that debt is. In mid-May, it was 34.5 trillion dollars. The pace of the growth in that debt is equally stunning. Approximately 1 trillion dollars is being added to America’s National Debt every 100 days.

Historically-speaking, America’s National Debt has taken on huge proportions during national emergencies like World War II. Funding such extraordinary measures, as well as more mundane government activities like infrastructure-development, is what the US National Debt has traditionally been used for. 

America isn’t, however, presently fighting an all-out hot war with an adversary akin to Nazi Germany bent on world-domination. Nor is the Federal Government spending much on infrastructure, judging from the state of America’s highways.

Tags: ECONOMY, WHITE HOUSE
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