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While President Biden boasted during the State of the Union address about increasing American manufacturing, he has also allowed China to overtake the US as its primary supplier of rubber medical gloves. Furthermore, he has refused to complete the construction of a government-contracted factory started under former President Trump in rural southwest Virginia.

In the unlikely event that Beijing decided to halt deliveries, that plant alone would have guaranteed the country’s own supply of medical gloves and produced thousands of jobs.

In an exclusive interview on SiriusXM’s Breitbart News Saturday, Scott Maier, CEO of Blue Star NBR, the company hired to construct the factory, discussed Biden’s failure to provide the United States with medical gloves made in the United States and instead rely on China as the country’s main supplier, putting the nation at risk.

According to Maier, efforts to produce rubber medical gloves and other essential supplies domestically started under the Trump administration during the coronavirus pandemic, when the United States was short on personal protective equipment because the Obama administration had depleted its emergency stockpile and never refilled it.

At first, the Department of Defense (DOD) managed the contracts on behalf of the Department of Health and Human Services (HHS).

During the pandemic in 2020, Maier’s company, Blue Star NBR, was paid to create a factory to make synthetic rubber for gloves and an adjacent factory to produce 20 billion gloves annually. This would have covered 17 percent of the U.S.’s annual needs of 120 billion rubber gloves, which are needed for everything from food preparation to doctor visits.

Modern, $123 million rubber plant finished construction in spring 2023, but because of inflation, rising energy and material costs, Maier required an additional $60 million to connect it to utilities and $170 million to construct the glove factory, which he never received funds for. The DOD informed Maier in May 2023 that the contract had expired and that he would need to get fresh financing or discover private sources.

While Maier said that the Biden HHS had informed him that they were cash-strapped, the Washington Post reports that the agency instead gave a new contract to a different business in September 2023 for the construction of an unfinished rubber factory in Louisiana that will begin production in around two years.

Meanwhile, the Post reports that American production accounts for just 2% of the rubber gloves required in the United States. The HHS said that it had increased the ability to make additional gloves, but only in terms of “infrastructure,” not real glove production.

Worse, according to an exclusive revelation by Breitbart News’ Boyle, China is quickly moving toward dominating the U.S. market for medical gloves, despite being the country that started the outbreak.

China now accounts for over 44% of our supply, up from roughly 14% at the end of the previous year. By the end of this year, they’ll have around two-thirds on their present trajectory, Maier informed Boyle.

To prevent this, Maier had to begin shuttering the facility last fall.

Furthermore, his business is not the only one in this predicament.

We’re only one illustration, Maier said. “Just with nitrile gloves, there are six other firms in the same situation that have invested close to $700 million and are 80 percent complete but aren’t generating anything.”

“There must be 50 or 60 additional corporations that have similar facilities that are probably 80 or 90 percent built but actually aren’t generating anything, if you look at the $17 billion that went out,” he continued. To ensure that we never find ourselves in a scenario where we are unable to obtain these essential products, “And again, we need to create the important items that we need here in the U.S. or at least have a percentage.”

According to Maier, the Biden administration ignored their appeals.

“The administration says, ‘We want the private sector to join in,’ when we speak with them. Regretfully, the private sector gets displaced when the government steps in and initiates a project of this nature. The private sector then examines the situation and remarks, “Well, it appears that the government has truly deserted you.” They’re not even purchasing the stuff that you’re putting out, nor are they providing you with funding to construct your facility.

Author: Blake Ambrose

President Biden will present his proposals to enact a tax on the wealthy that would be at least 25% and boost the minimum corporation tax by a staggering 40% during his State of the Union address.

Biden wants to increase the corporate minimum tax to 21% and the corporation tax rate to 28%. Since Biden enacted it earlier in his administration, the minimum corporation tax rate is currently 15%. Additionally, Biden would oppose businesses taking tax deductions for workers earning more than $1 million. “The White House said that the President is proposing to impose a minimum tax of 25 percent on the wealthiest 0.01 percent, those who have fortunes above $100 million.”

According to reports, former President Trump, the likely Republican contender for president in 2024, will keep permanent the tax cuts he put in place during his first term, which lowered corporation taxes from 35% to 21%.

The real gross domestic product increased by more than 3 percent in the four quarters before January 2019 under Trump’s administration, the most since the second term of George W. Bush’s presidency thirteen years earlier.

Joao Gomes, a finance professor at Wharton Business School and recipient of the University of Pennsylvania’s Marshall Blume Prize in 2018, has issued a warning that the country’s enormous $34 trillion debt load may portend an economic collapse in 2025.

“It will be crucial to consider “can we finance that?” when we talk about commitments and “what we’re going to do with tax and programs.” Gomes informed Fortune. It’s a very clear historical turning point for us to decide what to do, what our options are, and who has the superior strategy. That seems to be of no interest to either party, and it can all be ignored.

“We will have to deal with this towards the end of the decade,” he said. To be honest, it may derail the incoming administration. The markets may revolt if they announce plans for significant tax cuts or another significant fiscal boost. There might be an abrupt increase in interest rates, leading to a catastrophe by 2025. It’s quite possible that it will occur. I have every confidence that we will arrive there, one way or another, by the end of the decade.

“The most crucial thing about debt that people should remember is that it requires a buyer. In the past, we could rely on the Fed, China, and Japanese investors to purchase the debt. All those players are truly selling now, and they are progressively disappearing. Whether these people, who have up until now been content to purchase government debt from developed nations, suddenly say, “You know what? I’m not so sure whether this is a smart investment anymore.” “We might have a big accident on our hands,” Gomes said, threatening to seek a higher interest rate in order to get them to hold on.

Author: Blake Ambrose

The House of Representatives passed a spending bill 339–85, a bipartisan vote that defied the adamant opposition of conservative Republicans and moved the subject to the Senate.

Republicans control the majority in the House, yet 207 Democrats opposed the government funding plan, while 132 Republicans did. Only two Democrats and 83 Republicans voted against the plan.

Rep. Chip Roy of Texas, a Republican, is among those who criticized the plan.

“House Republicans’ goals at the start of this Congress were to reduce spending and reverse the policies of the Biden administration that were undermining the economy and way of life of the American people. In part of a statement, Roy stated, “This bill represents a tremendous capitulation to the swamp’s business as usual on both fronts.”

“Earmarks and budget tricks make a delicious combination. Fourteen months into their sobriety, Congress has strayed. GOP Representative Thomas Massie of Kentucky tweeted, “The Republican-led House just passed a minibus that spends tens of billions more than Pelosi’s House spent on the same things last year, by a vote of 339 to 85.

In response to Massie’s post, Republican Sen. Mike Lee of Utah tweeted, “Congressional Republicans have gone back to earmarks like a dog to its vomit (Proverbs 26:11).” The GOP will not fare well in this. When we behave like Democrats, we lose elections.”

Georgia Republican Representative Andrew Clyde tweeted, “I voted against the first part of the Swamp’s omnibus bill.” In the end, it received MORE VOTES FROM DEMOCRATS than from Republicans, which has regrettably been the pattern for every “must pass” piece of legislation during our *Republican* majority. It’s disappointing, but our battle is far from done. We’ll talk about the second half of the omnibus in the upcoming weeks. Will more Republicans take up the cause of refusing to support Joe Biden’s extreme policies? I sincerely hope so. Pay attention.”

Author: Blake Ambrose

There are 19,000 residences in the metro Atlanta region owned by three businesses.

According to WSB-TV in Atlanta, “three firms possess more than 19,000 residences in Atlanta’s five metro counties, according to a new analysis by Georgia State University researchers.”

Inviting Homes, Premium Partners (which runs Progress Residential), and Amherst Holdings (which runs Mainstreet Renewal) are the owners of around 11% of the state’s single-family rental properties, according to the report.

According to GSU professor Taylor Shelton, “that’s occasionally upwards of 50 percent in smaller communities.” “None of these firms even existed a decade ago or so.”

Shelton said, “The properties that the majority of these firms are purchasing are precisely the kinds of homes that would have been starter homes 15, 20, and 30 years ago.” “These corporations are raising rates for everyone, regardless of whether you are purchasing or renting.”

This represents a further blow to the left’s favorite catchphrase: “You will own nothing and be happy.”

Ah, the Great Reset.

Three businesses are able to take over 19,000 single-family homes in Atlanta. I’m curious… How many houses do smaller companies own? According to the video clip above, the top 10 companies that are buying up these properties own 32,000 single-family homes in Atlanta.

Hey guys, pay attention.

Owning your own house is essential to freedom, security, wealth, and liberty. For most of us, there is no other route. After purchasing and paying off a house, you have some money. You will always have a place to live and an asset, at the very least, as long as you can afford the property taxes.

This seems like a simple decision to make: you can spend $2,500 a month on someone else’s mortgage, throwing money down the drain, or you can use that money to purchase a home, a tangible asset, and a future for yourself.

Without owning a home, the American ideal is unattainable for the majority of us. That is all. All we have is that. Fascist firms are currently relocating to take up all of the starter houses. In a fascist society where Democrats fiercely oppose the construction of new single-family houses, this is particularly deadly. What does it leave you, then?

Furthermore, rental properties are the single most effective means of demolishing a community. This, in turn, lowers the value of your property and facilitates the acquisition of such assets by fascist businesses.

Everyone in my little community was heartbroken by the rental properties alone. Fortunately, the tenants now own those rental properties, and this has improved things.

Many young people I know think renting is preferable. After that, they won’t have to worry about roof replacement, yard maintenance, or repairs. However, these youths often have the false impression that they will always be youthful. When you want to retire in thirty or forty years and you don’t own your house outright, what happens? You have to pay $5,000 a month in rent, which is money you might have spent somewhere else if you could even afford it.

My spouse and I own our house, car, camper, and many small lots across the street. We also owe no money to credit card companies or lenders, all thanks to decades of hard labor. We don’t own anyone, yet we will never be wealthy. Slavery is debt. You must emerge from beneath. You are more free the smaller the monthly nut you have to break.

Slavery is freedom, and war is peace are contemporary translations of “you will own nothing and be happy.” Because you can’t get off the gerbil wheel and tell your boss to kiss your ass, you’ll never be satisfied with being in debt forever. Furthermore, you might always be the target of an eviction, a rent increase, or a protracted roof replacement.

Author: Steven Sinclaire

President Biden is forming a new “shrinkflation” task force to address “unfair and unlawful pricing” of goods after years of unabated price increases.

In addition to being well aware that Biden’s economic policies are truly to blame, Glenn Beck describes the task team as “a bit alarming.”

Carol Roth, a former investment banker, concurs, pointing out that the Biden administration’s interpretation of what is “unfair and illegal” could not match the meanings of the terms.

“Illegal is one thing, and at least in the modern sense, it has a definition. Who knows how far you could take that? However, Roth clarifies that anything that they don’t happen to like, agree with, or that goes against their philosophy is definitely unfair.

Not only is the phrasing problematic, but price restrictions have never worked in the past.

“We know in economics, generally speaking, that price restrictions are ineffective,” Roth says to Glenn. “That is something that leads to excellent shortages and restrictions.”

She continues, “Even Paul Krugman, who often gets things wrong, has never been incorrect on one issue: he opposes rent regulation.

Should the task group follow through on its commitments, the government would have the authority to intervene and sanction those who are turning a profit.

Roth continues, “That is plainly the total opposite of free market capitalism and a formula for disaster.”

“Fascists make the move when the government instructs corporations what to do,” Glenn claims. “I have concerns regarding this.”

Author: Steven Sinclaire

Seven-time NY Times bestselling author Peter Schweizer showcases in his new book Blood Money, pro-Beijing groups financially supported by two China-linked billionaires are supporting the radical trans movement as a way to advance the Marxist agenda in the United States.

Schweizer, the head of the Government Accountability Institute and a major writer for Breitbart News, exposes China’s multifaceted, clandestine assault on the United States of America in Blood Money. Schweizer examines how two billionaires, Alibaba co-founder Joseph Tsai and American Neville Roy Singham, who is located in China, support radical activist organizations that utilize transgenderism as a weapon against the “capitalist order” in Chapter 6, “Destabilizing Democracy.”

The first subject of Schweizer’s attention is Singham, who was raised in Detroit, Michigan, and Jamaica. When he was a young man, he joined the League of Revolutionary Black Workers (LRBW) and embraced communist ideology. In the end, Singham founded the software company Thoughtworks and worked as a “strategic technical consultant” for Huawei, the Chinese tech corporation with ties to the military.

Eventually, Thoughtworks established an office in Beijing, and the Chinese capital hosted Thoughtworks’ Software Development Conference there in 2010. But in the end, Singham sold the business in 2017, which Blood Money claims was a “financial bonanza” for him and allowed him to pour money into a number of Chinese businesses, where he currently resides.

Schweizer reports that “Singham has invested more than $100 million into groups propelling the protest movement in the United States, all the while enjoying his luxurious life and contacts in Beijing.” ” Thoughtworks’ chief scientist, Martin Fowler, claims that Singham sold the business to finance his radical pro-Communist Chinese causes, which he considered his “activist activity.”

The People’s Forum initiative in New York is Singham’s biggest financial commitment, according to tax data cited by Schweizer. The chairman of the PSL (Party of Socialism and Liberation), which includes Claudia De La Cruz and Manolo De Los Santos, allegedly insisted that party members provide “militant political support of the Chinese government.”

Schweizer draws attention to the ways in which the PSL promotes the destruction of western values by utilizing the trans movement and several other Marxist, grievance-based groups.

The argument for transgender rights is one of the most contentious topics in American politics today. Schweizer writes, “You can also see the influence of these Beijing-affiliated groups and investors here. According to PSL, the radical Marxist movement now includes the trans movement as a core component. “There will be no gender-conforming revolution,” an article analyzing the significant proportion of transgender PSL members said.

He goes on, “These pro-Beijing organizations see the trans movement as a potent tool to further radicalize the movement and achieve their pro-Beijing agenda.”

They said, “They find it terrifying because our movements are so united.” “These are assaults that promote the interests of the capitalist class,” in reference to criticism of the transgender movement. The capacity to connect socialism, the anti-police movement, and radical black groups is “very, incredibly hazardous to the capitalist system,” the author adds.

Schweizer discovered that through an event named “Becoming Numerous: Legacies of Queer and Trans Rebellion,” Singham’s groups have also planned and supported initiatives to advance the LGBTQ cause in the American public discourse.

The co-founder of Alibaba, which is effectively a state-run business in China, Jospeh Tsai, has “poured millions of dollars toward trans causes and research in the United States,” according to Schweizer.

More precisely, with a $220 million donation, the Joe and Clara Tsai Foundation established the Wu Tsai Human Performance Alliance in July 2021.

Author: Scott Dowdy

The city of Denver was reportedly planning to fire employees last week owing to budgetary strains brought on by Joe Biden’s illegal immigration dilemma. Democrats in certain states are now pressuring authorities to defy federal law and appoint illegal immigrants to government positions while firing Americans.

Following the widespread dissemination of reports that Denver was firing staff members, the city took exception with the word “layoffs” and quickly informed the media that it was not really firing individuals. According to KUSA-TV, some employees were to have their hours slashed to zero instead.

Director of Denver Parks and Recreation Jolon Clark stated in a statement that “the reduction in hours of operation and activities will influence the amount of hours worked by those on-call, some to the point where they may not earn any hours.” “We haven’t decided on the exact hours for any particular role yet.”

Denver Parks & Recreation stated to KUSA-TV that “everyone from front desk personnel to coaches to lifeguards is all considered ‘on-call employees’ who might be impacted by these layoffs.”

Furthermore, Mayor Mike Johnston noted that no decisions have been set in stone.

Johnston informed the reporters, “We have not made any final choices on cutbacks other than the ones that we have previously stated.” “All of our agencies and departments will need to figure out how to set priorities.”

On the employment matter, a representative for Johnston’s office had more comments. The spokesman told the Daily Wire that although paying illegal immigrants to work in the city was “not necessarily” more expensive than paying them through welfare programs, some authorities were thinking about employing them for local employment. Nonetheless, a few authorities believed that the idea may be against federal employment regulations.

Sen. John Hickenlooper (D-CO) of the United States pushed Centennial State authorities to disregard federal law and grant government positions to illegal aliens despite mounting concerns about doing so even in the absence of valid work permits. The senator even attacked the federal government for threatening to prosecute localities that hire illegal immigrants in defiance of the law.

“I believe local towns will have to take action if the federal government does not at some point. Hickenlooper stated, “They’re going to have to find a way to say you can work,” according to a different KUSA story. “We’ll cover the legal fees if the federal government decides to come down and throw the book at us. You’ll have a six-month working visa, as there aren’t any other options available to them.

Sen. Hickenlooper said, “Cities will ultimately have to reduce their budgets, which will probably result in layoffs, reduced hours, or both.”

“As of right now, residents in the metro Denver area will experience budget cuts. Perhaps their recreation facilities end one hour early. That is intolerable, the senator declared.” The federal government cannot assume that local towns will shoulder the entire burden since this is really a federal issue. The federal government must intervene and provide support. There is no uncertainty.

Even though authorities are still giving migrants free food, free housing, free medical care, free education, free clothes, and other assistance, many Denver locals are experiencing financial hardships.

A neighbor of Lakewood, a community that borders Denver, informed the city council that many of the people living there are struggling on fixed incomes while the government spends $480 million annually housing illegal immigrants.

But even Mayor Johnston appeared to be concerned that granting work permits might encourage more undocumented immigrants to enter the country. Nevertheless, Johnston declined to address the assertion during a January visit to Fox News Channel’s America’s Newsroom, stating that the subject was “above his pay grade.”

However, it was telling that he would not categorically say that work permits do not serve as a lure for more illegal immigrants.

Author: Scott Dowdy

Using the term “Bidenomics,” President Biden spent a significant amount of last year attempting to persuade the American people that his policies were beneficial to the economy.

It’s not looking good for younger Americans, who are probably going to cast ballots in this year’s presidential election.

The New York Times and Siena College conducted a recent poll, which revealed that most probable voters, who are between the ages of 18 and 29, had a poor assessment of the state of the economy.

Surprisingly, almost no one thinks the economy is doing well.

With 87% of potential voters between the ages of 18 and 29 rating the economy as poor or barely fair, this is the worst economic demographic for Biden. For Joe Biden, this is especially concerning because Democratic presidential contenders usually require a disproportionate amount of the youth vote to win.

Additionally, the rankings of unfavorable opinions on the economy are slanted to the lowest place. Younger potential voters—of whom 26 percent believe the economy is just fair—rate the economy as terrible 60% of the time. (Probably as a result of rounding, the total does not add up to 87 percent.)

Merely 13% of respondents consider the economy to be in “excellent shape.”

What percentage of people think the economy is “excellent”? None.

The outlook for the economy is somewhat better among older potential voters. 76 percent of those between the ages of 30 and 44 had an unfavorable opinion, with 50 percent saying that things are bad. Merely 4% of respondents claim to be outstanding.

Fifty percent of probable voters between the ages of 45 and 64 give the economy the lowest grade, making up 73% of those with an unfavorable opinion. 7% of respondents call the state of the economy “good.”

With 60% of older voters stating that circumstances are either terrible or merely fair, they are less pessimistic. Forty percent claim that things are bad. Conditions are good, they say, jumping to 16 percent. This might be due to rising housing costs, advances in the stock market, and significant increases in Social Security benefits. Compared to younger Americans, older Americans are more likely to own houses and have stock market investments.

The fact that fixed-income instruments are paying significantly higher rates than they have in more than ten years may also please a lot of elderly Americans.

Author: Steven Sinclaire
If you’ve been paying attention to the illegal immigration situation that the United States is now facing, you probably saw this one coming. We have a governor and mayor of sanctuary cities almost pleading with more “undocumented persons” to come to their communities, a president who practically sends engraved invites to would-be border crossers, and governments pledging no responsibility in exchange for free services.

So it shouldn’t have come as a surprise when a California politician had the brilliant notion to provide illegal aliens with interest-free, payment-free mortgages.

I so wish I could receive one of these deals, but California has long since abandoned its tax-paying populace and appears to be serving only the homeless, lawbreakers, and illegal immigrants.

Now let’s talk about Assemblymember Joaquin Arambula (D-Fresno), whose Assembly Bill 1840 would provide illegal immigrants with some nice terms:

“Last month, Assemblymember Joaquin Arambula (D-Fresno) presented Assembly Bill 1840 to clarify that illegal immigrants can apply for state loans for first-time purchasers and to broaden the eligibility threshold for a program.”

“The California Housing Finance Agency’s California Dream for All Shared Appreciation Loans program, which debuted in March of last year, provided first-time home purchasers who met the eligibility requirements with a loan up to 20% of the cost of a house or condominium. There are no monthly payments or interest associated with the loans. Rather, the borrower reimburses the initial loan amount plus 20% of the appreciation in the home’s value when refinancing the mortgage or selling the dwelling.”

Houman Hemmati, a Santa Monica ophthalmologist and regular Fox News commentator, held the following ideas:

To read the entire text, click the tweet above, but this is what he learned:

“So what comes next? A Tesla for free? $10,000 pre-paid debit card—wait, that was only in NYC—? This state is experiencing an unparalleled financial catastrophe. This is the moment to CUT spending, give priority to tax-paying citizens, and limit any residual spending to ESSENTIAL expenses. A complete overhaul of the state government is long overdue.”

Based on this survey, the notion appears to be quite unpopular.

The moment I saw the report, I assumed that the next step would be for them to openly offer money to anyone trying to enter our country illegally from the south. Then I remembered—wait—they already accomplished that.

They always seem to find more presents and freebies to give to illegal aliens, just when you think they’ve hit a new low. Why not simply give them houses directly and not bother with this ridiculous mortgage program?

I’m guessing that’s coming up next.

Author: Blake Ambrose

The rate of increase in a key inflation indicator last month was the highest since March 2022.

Known as “super core” inflation, the personal consumption expenditure price index for services—which does not include housing and energy—rose by 0.6 percent in January. In March of 2022, December of 2021, and March of 2021, this inflation gauge increased by this much.

An increase in inflation at this high of a monthly pace is historically unusual. It has only occurred three times this century prior to Biden’s presidency, including one month just after the 9/11 terrorist attacks. The metric has not increased by 0.6 percent since 1993.

High inflation in the services sector is often seen to be less sensitive to monetary policy and more persistent than inflation in the goods sector.

Fed chairman Jerome Powell and other Fed representatives have stated that they closely monitor PCE services, with the exception of housing and energy, as a potential future inflation predictor.

If the monthly growth continued, it would equal an annual rate of 7.4 percent. It has increased by 3.5 percent in the last 12 months.

Author: Steven Sinclaire

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