Two states ban a conspiracy theory pic.twitter.com/cs8Wls4BUt
— Dr David Cartland (@CartlandDavid) April 18, 2024
Thank you to Wejolyn.
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Two states ban a conspiracy theory pic.twitter.com/cs8Wls4BUt
— Dr David Cartland (@CartlandDavid) April 18, 2024
Thank you to Wejolyn.
Check out this $242,000/year public administrator who oversees homeless programs for a very large non-profit in the city of Los Angeles. And she's not even the highest paid bureaucrat in the homeless industry.
If these agencies actually combatted homelessness, they’d be out of work. --Martin Armstrong
Thank you to Martin Armstrong @ Armstrong Economics.
California’s programs to combat homelessness have been utterly ineffective.
California’s homeless crisis proves the public sector is a welfare program and political tool. The California State Auditor released a report this month that reveals California’s programs to combat homelessness have been utterly ineffective. Nine agencies funded by the state have received billions from 2018 to 2023, but homelessness is rapidly rising and California hosts the largest homeless population in the nation. What have these public agencies done with the $24 BILLION they were awarded to combat homelessness?
Homelessness has risen by 56.7% in California since 2015. The federal Department of Housing and Urban Development (HUD) has been used to funnel money to smaller state entities under the impression that they would use the money to assist the people. California Interagency Council on Homelessness (Cal ICH) takes the funding from HUD to coordinate with these main 9 failed programs, but the audit found that CAL ICH has failed to consistently track where this money has gone and has zero methods in place for gathering data on the success of these federally funded initiatives.
CAL ICH has failed to consistently track where this money has gone and has zero methods in place for gathering data on the success of these federally funded initiatives.
“Cal ICH’s statutory goals give it specific responsibilities as the State’s primary resource for homelessness policy coordination and accountability. However, it has also been directly managing multiple large grant programs as mandated by statute, including the multibillion‑dollar HHAP program and the more‑than‑$700 million ERF program,” the study found.
The audit could “not determine the cost-effectiveness” of any of the programs funded by HUD through Cal ICH as they have “not collected complete outcome data for this program, and the expenditure data it has collected may be unreliable.”
This means that the federal government permitted the state of California to squander $24 BILLION in taxpayer funds in a mere five years. They were provided this money with no strings attached and were not required to prove that their agencies were working. As Argentina’s Javier Milei said, “The origins of our evils is the cancer called the public sector.” There are people within these non-profit agencies making a lot of money to do absolutely nothing. The public sector has largely become a form of government welfare as they produce nothing but expect everything. If these agencies actually combatted homelessness, they’d be out of work.
For example, CEO of Dignity Health, Lloyd H. Dean of California was the highest-paid nonprofit executive in 2022 after taking home $35.5 million when his agency made a revenue of $9.5 billion. Second in line was Gregory Adams of Kaiser Foundation Health Plan, who earned $15.6 million with a revenue of $68.1 billion. The third highest-paid non-profit role went to Teresa Campbell of San Diego County Credit Union, who earned $11.8 million on a revenue of $305.2 million. Their organizations are largely tax-exempt since they’re not for profit.
The audit concluded that the state should be held accountable and have some form of reporting standards in place. “To promote transparency, accountability, and effective decision‑making related to the State’s efforts to address homelessness, Cal ICH should request that state agencies responsible for administering state‑funded homelessness programs provide spending‑ and outcome‑related information for people entering, experiencing, and exiting homelessness,” the audit concluded.
They should completely eliminate these agencies. The $24 billion was certainly enough to see that these agencies are merely leeching off of society, preying upon the most vulnerable in our nation. How could homelessness have more than doubled since these agencies were implemented? Simple. The people in control of the money are misusing the funds.
Those who want socialism or social justice fail to realize that this is precisely what happens to entire nations when the public sector becomes the supreme leader. They create useless agencies that continue to grow like cancerous cells, multiplying in size and in funding. THEY PRODUCE NOTHING! The federal government provides them funding without expecting results. This is a dirty game that the federal government plays with its pet state, and in the end, we the people always lose.
The family is a bulwark against state power.
The state wants itself to be the primary loyalty. Not the family, and certainly not God. So state "policies" set out to atomize the family. Divide and conquer. Every individual alone and isolated, perpetually terrified by state propaganda; looking to state "experts" for salvation.The family is a bulwark against state power.
— Chris Rossini (@ChrisRossini) April 18, 2024
The state wants itself to be the primary loyalty. Not the family, and certainly not God.
So state "policies" set out to atomize the family. Divide and conquer.
Every individual alone and isolated, perpetually terrified by state… https://t.co/VbI6mvoSXi
[RG911Team] If you want to go deep and discover what really happened in New York on 9/11, watch our top-rated documentary, “9/11: Explosive Evidence - Experts Speak Out”.
— Richard Gage, AIA, Architect (@RichardGage_911) April 17, 2024
We will be posting it on X this week as a multi-part series. Part 1 is below. pic.twitter.com/5dQBrgvD7q
Our world changed that day . . .
2,744 lives lost in New York . . . and counting
1 million lives lost in Afghanistan and Iraq . . . and counting
6,000 U.S. troops lost in the War on Terror . . . and counting
$4.5 trillion War on Terror cost to U.S. taxpayer
Precious civil liberties removed by the PATRIOT Act . . .
Military Commissions Act
Department of Homeland Security
Transportation Security Administration (TSA)
National Defense Authorization Act, NDAA 2012.
Today, Americans can be subject to search and seizure without a warrant, detained or imprisoned indefinitely . . .
without charge . . .
without evidence . . .
without a lawyer . . .
without a trial . . .
or even tortured
or assassinated
merely for being accused of being associated with terrorism
Ignoring the World Trade Center evidence is no longer an option
Cutting Through the Chaos - Where Are We? | Tom Luongo @TFL1728 #Geopolitics https://t.co/7TFKdPR320
— Mel K Show (@MelKShow) April 18, 2024
Zoltan Pozsar is going to turn out to be right about everything about Bretton Woods and the golden oil market, and treasury bonds, money in commodity-based markets, and money, it's having all sorts of effects you politically that's the 40,000 ft level overview.
I see a lot of people talking about are Bond markets they seem to be . . . . What's happening to the bond market?
The big question here is that we live in a central bank-dominated world. We've now reached a moment in time where fed policy is the singularity that everybody has to go focus intensely on and we're going to go through that Singularity and come out the other side and what's that going to look like and a lot of people from my side of the board.
The bad guys are easy: they want low interest rates and to do that they really want to keep us enmeshed in low ninterest rate environment so that when the system crashes and they take us to war, they will be able to default on all their debt and issue a new system that they'll still control. The other side of that of course is the people who I think at the Federal Reserve and the New York banking system are like yeah that's nice but we are not down with being sacrificed on that altar so that you can win and I am specifically talking here about the city of London Frankfort Brussels that complex at the same time then you have the Russians and the Chinese and the Eurasian powers now known as the bricks block saying guys it's no longer your money our problem it's now our Commodities your problem this is going back to Zoltan Pozsar's note when he was with Credit Suisse to 2 years ago talking about that and Bretton Woods 3 and all these things so I want to highlight what he talked about 2 years ago heavy duty and all the heavy duty commentators on this myself and Solange all went crazy ZeroHedge and the rest of them talking about thinking about what Posner was writing about it then and we talked about it over time I've done on my podcast but it's right here right now Russia Ukraine the EU is pushed for war bonds the Israel Iran conflict all of this stuff comes down to the commodity producers of the world saying we are no longer going to be price takers of your s***** money.
4:13. What that means is that when you start thinking about it in terms of the yield on sovereign debt, what it's doing is effectively exposing the crack of the old system now that system was great when we were globalizing now that we are globalizing shipping is no longer global shipping of commodities of oil, of goods from China, and everything else is no longer safe. The Houthis are winning in the Red Sea. And so that part of the system is what's under attack and their effect as Libertarians like to put it, is "striking the root" and saying, "Oh, by the way, this is reality and all the rest of it was great when we were at peace. We're not at peace anymore. Now we are at war. And when we're at war, shit stops moving around the world. Stuff still moves but it doesn't move with the same frictionless impetus that it had before. Now that the financialization of these markets through the issuance of sovereign debt and more currency to keep everything liquid now carries a risk premium that hasn't been quantified before yet, hasn't been hedged, hasn't been dealt with before, so now the risk premium has to rise, i.e., interest rates have to rise. I think the Federal Reserve understands this. I think the BoJ over in Japan understands this. I think the Russians explicitly understand this. I think the Chinese are like "Hey, let's make a deal," but nobody wants to make a deal because everybody in the West likes to be able to use that old system to determine commodity prices. That's why Janet Yellen keeps talking about putting a price cap on oil, and it doesn't work. It's why we keep sanctioning Russia; now this week we are saying no more Russian copper, aluminum, and nickel can float through the London Metal Exchange, LME, or the Chicago Metals Exchange. Why the CMA? So it's not going to work because at the end of the day, we have money, they have commodities, and you're going to pay now some large amount of Premium to get that.
6:38. and we are the price makers and you are the price takers and it's always been the other way around we've always lived under the situation where we're the commodity producers and they're the price takers and we were the price makers under normally functioning markets that's the way it should be because the consumer is sovereign the consumer in this respect now is on the other side of it saying we need to commodities to live our lives but the commodity producers are saying this deal f****** sucks and we're not taking it anymore. So take your money and shove it, invoking Johnny Paycheck, 1977. We are not doing this anymore.
8:10. What's your take on the 702 Surveillance Act?
8:25. I look at it in terms of timing. We've got this Ukraine bill that they are desperate to pass through. You got Ukraine losing badly. You've got all of project Europe trying to get the United States to fight World War 3 like we fought World War I and World War II on their behalf and the fights that they picked for the Russians, picked a fight with the Russians through the Germans. I look . . . . we get this FISA thing and to me, it just felt like chum. I hate to be cynical about it, but, hey, let's throw this thing out there right now because the two most hated men in America are Jerome Powell, because he won't cut interest rates, and Mike Johnson, because he's a speaker with a one-seat majority who's trying to hold back a tidal wave of crap being thrown at him. So I looked at the FISA thing and asked myself, " Why is everybody getting so upset about this?" like did you really think in 2024 America with Obama in charge and Davos still running around that we would give up the FISA Court at this moment in time? No. As Mad Max put it in Fury Road, "That's bait, that is."
That was created to make sure that Johnson was the guy who had to cast the deciding vote because there were 12 Not-presences so that we can activate Marjorie Taylor Green, who I don't trust as far as I can fucking throw her. Or any of these other people who are . . . as far as I'm concerned I'm at the point now where Marjorie Taylor Green is AOC for MAGA-tards. That's the way I see her straight from Central Casting a Georgia GOP that is as compromise as any state party that you could possibly imagine all run by old Guard Republicans so I look at this and I say to myself a useful idiot at the end of the day the goal here is to destroy Mike Johnson the goal here is to get rid of his speakership before the recess in August when they all leave Congress to go campaign for the fall you've got this very narrow window between April and August to get a whole bunch of stuff through to ensure that if Donald Trump does win the election and there's a Red Wave in the fall that we leave him with enough poison pills that it destroys his presidency the second time around the way they destroyed it the first time around this is nothing new we've lived through this before this happened before it'll happen again the difference is we are now at five and a half percent interest rates with the Federal Reserve and a Wall Street that has looked at all of this and said you people are crazy we are not doing this.
1138.