Category Archives: Current Events

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China VS U.S.

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Received the following from a highly resected Brother Marine referred to as “Mustang,” which many of you know what that moniker means. Anyway, I don’t watch TV except Netflix and Amazon Prime. Would enjoyed watching this episode however. Enjoy and thank you Mustang, it is definitely blog worthy! Really there isn’t much to enjoy as it is all so true and scary as hell.

 

“Real-Time” host Bill Maher closed his show Friday night by sounding the alarm on China’s growing dominance over the United States. Why are Americans sleeping?

 

We aren’t sleeping, we are spending our time teaching and assisting little boys how to become little girls! And, if we aren’t busy doing that we have the Sec of Defense, responding to an order from the ‘commander’ in chief, designing stylish new uniforms for pregnant ‘soldiers’.

 

“You’re not going to win the battle for the 21st century if you are such silly people. And Americans are all silly people,” Maher began the monologue, alluding to a “Lawrence of Arabia” quote.

 

Do you know who doesn’t care that there’s a stereotype of a Chinese man in a Dr. Seuss book? China,” he said. “All 1.4 billion of them couldn’t give a crouching tiger flying f— because they’re not silly people. If anything, they are as serious as a prison fight.”

 

Maher acknowledged that China does “bad stuff” from the concentration camps of Uyghur Muslims to its treatment of Hong Kong. But he stressed, “There’s got to be something between an authoritarian government that tells everyone what to do and a representative government that can’t do anything at all.”

 

“In two generations, China has built 500 entire cities from scratch, moved the majority of their huge population from poverty to the middle class, and mostly cornered the market in 5G and pharmaceuticals. Oh, and they bought Africa,” Maher said, pointing to China’s global Silk Road infrastructure initiative.

 

He continued: “In China alone, they have 40,000 kilometers of high-speed rail. America has none. We’ve been having Infrastructure Week every week since 2009 but we never do anything. Half the country is having a never-ending woke competition deciding whether Mr. Potato Head has a dick and the other half believes we have to stop the lizard people because they’re eating babies. We are such silly people.

 

“Nothing ever moves in this impacted colon of a country. We see a problem and we ignore it, lie about it, fight about it with each other, endlessly litigate it, sunset clause it, kick it down the road, and then write a bill where a half-assed solution doesn’t kick in for 10 years,” Maher explained. Then the half-assed bill is forgotten.

 

“China sees a problem and they fix it. They build a dam. We debate what to rename it.”

 

The HBO star cited how it took “ten years” for a bus line in San Francisco to pass its environmental review and how it took “16 years” to build the Big Dig tunnel in Boston, comparing that to a 57-story skyscraper that China constructed in only “19 days” and Beijing’s Sanyuan Bridge, which was demolished and rebuilt in “43 hours.”

 

“We binge-watch, they binge-build. When COVID hit Wuhan, the city built a quarantine center with 4,000 rooms in 10 days and they barely had to use it because they quickly arrested the rest of the disease,” Maher said. “They were back to throwing raves in swimming pools while we were stuck at home surfing the dark web for black market Charmin. We’re not losing to China, we LOST. The returns just haven’t all come in yet. They’ve made robots that check a kid’s temperature and got their asses back in school. Most of our kids are still pretending to take Zoom classes while they watch TikTok and their brain cells fully commit ritual suicide.” Our teachers unions are finding every single way to keep themselves on the payroll, but keep students out of the classrooms. WAKE UP AMERICA! That means ALL of YOU.

 

Maher then blasted New York City Mayor Bill de Blasio, accusing him of degrading school standards by eliminating merit and substituting a lottery system for admittance to schools for advanced learners. Our country is going down the toilet.

 

“Do you think China’s doing that, letting political correctness get in the way of nurturing their best and brightest?” Maher continued. “Do you think Chinese colleges and universities are offering courses in ‘The Philosophy of Star Trek, ‘The Sociology of Seinfeld,’ and ‘Surviving the Coming Zombie Apocalypse’? Can this be real? Well, let me tell you, China is real. And they are eating our lunch. And believe me, in an hour, they’ll be hungry again.”

 

A somber message, isn’t it? But, where is Maher wrong? I guess the good news is that unlike the Chinese our young people have free text messaging and iPhone games.

Originally posted 2021-09-29 15:16:37.

Current Events

$1.00 = $0.95

1 Comment

This post may be too hard for some to swallow without some Economics background, but I consider it important enough for my followers to be prepared. I received the following from a trusted Marine brother who runs an investment business in NC. Rik and I are usually on the same page on everything “Economic” because we are both “supply siders” and also “Monetarists.” Won’t get into any Economics BS to explain what that means in layman’s terms as it would only confuse the issue more than it already is. Having said that I totally agree with the article; we are already seeing the start of it. As of this instant, my total portfolio has lost 3.56% in the last month, and I firmly believe it will continue, while inflation is sits and waits for the right time to make itself known to every American. Keep it up Joey  and we will be a bankrupt country while the FED, most of whom are not supply siders fiddle.

 

 

 

 

Your cash will lose at least 5% of its purchasing power in the next year

Posted: 24 Sep 2021 05:03 PM PDT

Earlier this week, Fed Chair Jerome Powell announced that the real yield on dollar cash and cash equivalents is likely to be -5% or less over the next 12 months. Yes, your cash balances will lose at least 5% of their purchasing power over the next year, and that’s virtually guaranteed. So what are you—and others—going to do about it?

Assumptions: This forecast of mine optimistically assumes that 1) the first Fed rate hike of 25 bps comes, as the market now expects, about a year from now, and 2) the rate of inflation slows over the next 12 months to 5% from its year-to-date rate of 5.9%. Personally, I think inflation next year likely will be higher, if only because of the delayed effect of soaring home prices on Owner’s Equivalent Rent (about one-third of the CPI), the recent end of the eviction moratorium on rents, and the continued, unprecedented expansion of the M2 money supply.

I’m a supply-sider, and that means I believe in the power of incentives. Tax something less and you will get more of it. Tax something more and you will get less of it. Erode the value of the dollar at a 5% annual rate and people will almost certainly want to hold fewer dollars than they do today.

I’m also a monetarist, and that means I believe that if the supply of dollars (e.g., M2) increases by more than the demand for dollars, higher inflation will be the result. We’ve already seen this play out over the past year: the M2 money supply has grown by more than 25% (by far an all-time record) and inflation has accelerated from less than 2% to 6-8%. Massive fiscal deficits have played an important role in this, but so has an accommodative Fed. Between the Fed and the banking system, 3 to 4 trillion dollars of extra cash were created over the past 18 months. At first that was necessary to supply the huge demand for cash the followed in the wake of the Covid shutdowns. But now that things are returning to normal, people don’t need or want that much cash. Yet the Fed continues to expand its balance sheet, and they won’t finish “tapering” their purchases of notes and bonds until the middle of next year. That means that there will be trillions of dollars of cash sitting in retail bank accounts (checking, demand deposits and savings accounts) that people will be trying to unload.

If we’re lucky, the inept and feckless Biden administration will be unable to pass its $1.5 trillion infrastructure and $3.5 trillion reconciliation bills in the next several weeks. This will lessen the pressure on the Fed to remain accommodative, but it’s not clear at all whether it will encourage the Fed to reverse course before we have a huge inflation problem on our hands. Non-supply-siders (like Powell) view an additional $5 trillion of deficit-financed spending as an unalloyed stimulus for the economy. Supply-siders view it as a virtually guaranteed way to increase government control over the economy and thereby destroy growth incentives and productivity.

Amidst all this potential gloom, there are some very encouraging signs, believe it or not. Chief among them: household net worth has soared to a new high in nominal, real, and per capita terms. Also, believe it or not, the soaring federal debt has not outpaced the rise in the wealth of the private sector.

Today’s interest rates are relative to inflation. Terribly low! In normal times, a 4-5% inflation rate would call for 5-yr Treasury yields to be at least 4-5%. yet today they are not even 1%. The incentives this creates are pernicious: holding cash and/or Treasuries implies steep losses in terms of purchasing power. That in turn erodes the demand for cash and that fuels more spending and higher inflation.

The growth of the non-currency portion of M2 (currency today is about 10% of M2). Currency in circulation—currently about $2.1 trillion—is not an inflation threat, because no one holds currency that they don’t want. The rest of M2, just over $18 trillion, is held by the public (not institutions) in banks, in the form of checking, savings, and various types of demand deposits. For many, many years M2 has grown at an annual rate of 6-7%. But beginning in March of last year, M2 growth broke all prior growth records. The non-currency portion of M2 is about 25% higher than it would have been had historical trends persisted. That means there is almost $4 trillion of “extra” money in the nation’s banks. This extra money has been created by the same banks that are holding it: banks, it should be noted, are the only ones that can create cash money. The Fed can only create bank reserves, which banks must hold to collateralize their deposits. Today banks hold far more reserves than they need, so that means they have a virtually unlimited ability to create more deposits. And they have been very busy doing this over the past 18 months.

For most of the past year I have been predicting that this huge expansion of the money supply would result in rising inflation, and so far that looks exactly like what has happened. People don’t need to hold so much of their wealth in the form of cash, so they are trying to spend it. But if the Fed and the banks don’t take steps to reduce the amount of cash, then the public’s attempts to get rid of unwanted cash can only result in higher prices, and perhaps some extra spending-related growth. It’s a classic case of too much money chasing too few goods and services. And Fed Chair Powell has just added some incentives for people to try to reduce their cash balances. He’s fanning the flames of inflation at a time when there is plenty of dry fuel lying around.

Now for some good news. The evolution of household balance sheets in the form of four major categories. The one thing that is not soaring is debt, which has increased by a mere 20% since just prior to the 2008-09 Great Recession.

With private sector debt having grown far less than total assets, households’ leverage has declined by 45% from its all-time peak in mid-2008. The public hasn’t had such a healthy balance sheet since the early 1970s (which was about the time that inflation started accelerating). Hmmm….

In inflation-adjusted terms, household net worth is at another all-time high: $142 trillion.

On a per capita and inflation-adjusted basis, the story is the same. We’ve never been richer as a society.

Total federal debt owed to the public is now about $22 trillion, or about the same as annual GDP. It hasn’t been that high since WWII. So it’s amazing that federal debt has not exploded relative to the net worth of the private sector. As I’ve shown in previous posts, the burden of all that debt is historically quite low, thanks to extraordinarily low interest rates.

Gold prices are weak today because the market is anticipating higher short-term interest rates. Gold peaked when forward interest rate expectations were at an all-time low. Why? Because super-low interest rates pose the risk of higher inflation. With the Fed now talking about raising rates (albeit sometime next year, and very slowly thereafter), gold doesn’t make as much sense because forward-looking investors are judging the risk of future inflation to be somewhat less than it was a few years ago.

 

S/F

Rik

Originally posted 2021-09-28 10:45:55.

Current Events

Beware of Halloween Spooks

2 Comments

Hello followers. I hope this missive finds you and yours in the best of health and staying safe. My bride and I returned from our getaway to St. Lucia very early this morning. Truly a relaxing place for the late twenty to late thirty crowd. For the early eighty crowd, not so relaxing; glad I purposely did not bring my Hearing Aids. Not quite my genre of music; in fact, it was unbearable. However, the place is so large and dissected in such a way we found a quiet pool away from all that. Anyway, we both had a great time, lots of fun in the sun.

I arrived home to find an excellent treatise by Greg on the current state of the economy in this once vibrant and glowing country of sane people. And as usual, I totally concur with all he states. It is coming folks. For those living off their 401K’s beware!! I and most who think like me have been selling for the past several weeks, and I shall continue during the ups and downs of Wall Street. I shall also do some selective buying, but inflationary companies, which are many, will not be on my sought-after lists.

The highlights in red within Greg’s treatise are mine.

October Instincts

By: G. Maresca

The Executive Director of JPMorgan Chase admitted that the stock market’s “biggest nightmare periods have tended to be October. You go back to obviously the crash in 1929, but the 1987 crash, and in 1989… was in October. You tend to have these October moments.”

Financially most are feeling pretty good as brokerage accounts never looked healthier and home prices are over-the-top. Over the past year, the S&P 500 has closed at new, all-time highs over 50 times and in so doing has created the illusion that the market only rises.

This results in taking more chances when investing.

The K-shaped economy and booming stock market underscore that Main Street and Wall Street are at a major disconnect. Many dismiss the growing rate of inflation, the unprecedented intervention by the Federal Reserve’s nonstop money-printing and increased debt believing that the dollar today is worth the same as it was last year.

It’s not.

The duality of low interest rates and those stimulus payouts have devalued the dollar. Thanks to inflation and time, savings in fixed investments like CDs, bank accounts and money markets lose purchasing power. With yields registering next to nothing, where are investors expected to put their money?

As a result, savers seek more risk in order to obtain better returns leading to a stock market that is cooking and overvalued. Increasing stock prices coupled with a mushrooming federal debt is a brick road paved over with inflation.  As the Fed continues easy-money policies, the market will continue higher as the infusion of cheap dollars rules the day.

Most bankers, brokers, and politicians understand that these bouts with inflation are what economists call: “The Money Illusion.” It is when one’s wealth is measured in how many dollars they possess, rather than its purchasing power.

Among investors, the Money Illusion breeds risk taking and heightened speculation. It’s like watching a skilled magician work his stagecraft. It looks and appears amazing and impossible, but it is not at all what it seems.

Low interest rates did, in fact, rescue the market. The Fed slashed short-term interest rates to near zero at the onset of the COVID-19 debacle and bought large purchases of Treasury and mortgage bonds making dollars discounted. In so doing, The Fed propped up not only the bond markets, but stocks, too.

Many are in denial about what is truly happening throughout our financial system. To paraphrase writer Upton Sinclair, it’s difficult to get someone to look when their getting paid depends on not looking.

Adding to the illusion is that 40% of all U.S. currency in circulation has been printed since March 2020. Few comprehend the effects of so many trillions in our financial system. The Case-Shiller Index which measures home prices has risen 18.6% for the year, up from a record 16.8% the month before. The index is the proverbial rat in the financial mine that brings with it a healthy dose of inflation.

Financial storm clouds are forming as the economy experiences labor shortages, supply chain disruptions, rising prices, and increasing inflation. With too many dollars chasing too few assets, the good times won’t last forever.

One out of every four companies are on life support because of low interest rates. With rates near zero, and with inflation rising, The Fed cannot afford to keep them low forever.

Bankruptcies are on the horizon.

The federal debt continues to grow as trillions crowd the government’s balance sheet with the debt literally growing by the second. Inflation does to a degree keep the debt somewhat manageable. However, as inflation rises, Social Security, and other assorted fixed incomes like pensions will see their buying power shrink even further.

Eventually, a significant tax increase will hit all Americans hard and below the belt – regardless of income.

Rising stock prices are great, but when easy money begins to create social, political, and economic turmoil, something is seriously amiss. A White House which believes that global warming, systemic racism and COVID are our greatest threats, does not possess the foresight and wisdom to comprehend what is economically occurring.

The laws of economics cannot be repealed, no matter what one’s wishful thinking may be.

As October looms, consider this a heads-up.

Postscript: Beware of the ghouls of October, they are coming, meanwhile many Americans keep chasing those soon to be negligent goods and, to paraphrase Mack the Knife , “Spending like a Sailor.”

Originally posted 2021-09-20 14:39:12.

Current Events

Joe Dumbkirk

7 Comments

Tomorrow is a day that as Churchill stated many more years ago, “A day that live in infamy.’ For those who who were alive and coherent enough to remember that day, it was the most tragic incident of my lifetime. I was a mere year old when Pearl Harbour happened; therefore, this one is significant for me. I know, as I am sure you do as well, exactly where I was and what I was doing when it happened. I was mending fences on my ranch in Montana when my wife came streaming looking for me May we never forget that day and WHO it was that caused it.

Here’s another good one from my frequent contributor and friend Greg Maresca, a noted historian who only write facts!

By Greg Maresca

It was theatrical in its design and a Shakespearean tragedy in its unfolding. As the 20th anniversary of 9/11 approached, President Biden desperately desired a historical and symbolic end to the nation’s longest war.

Biden’s vision turned out to be nothing short of a ‘70s era U.S. military and intelligence debacle taken to an unprecedented scale paid for in American blood, fortitude and treasure.

Where are the resignations of all the generals and admirals who argued against capitulation?

Robert Gates, the respected former secretary of defense under both George W. Bush and Barack Obama, wrote in his memoir that Biden had been wrong on “nearly every major foreign policy and national security issue over the past four decades.”

Some things never change.

Biden’s foreign policy rewards our enemies and punishes our allies.

It was in June as the Taliban began their march to Kabul that all U.S. embassies throughout the world celebrated sodomy via “Gay Pride Month,” as part of the Biden’s Administration’s foreign policy.

American exceptionalism was replaced with American perversion.

As Great Britain’s Neville Chamberlain is remembered for appeasement in the Nazi takeover of Sudetenland, Biden will be remembered for leaving Afghanistan to the Taliban, while abandoning thousands of America’s allies and rebooting Islamist fundamentalists the world over.

Allowing the Taliban to dictate the terms of withdrawal was reprehensible and irresponsible. As such, it raised the threat of terrorism to levels it had not witnessed in years.

Biden is a shoo-in for the Nobel Appeasement Prize for his military retreat – Dumbkirk.

Biden bequeathed the Taliban a reported $85 billion in military hardware that will allow them to wage war and terror for years. Moreover, Bagram Air Base is now China’s de facto world class central Asian integrated air headquarters courtesy of the American taxpayer. Likewise, Afghanistan is rich in rare earth minerals that China will certainly exploit and profit from.

Biden’s surrender plays daily throughout our fruited plain. Portland, Oregon is lawless permitting Antifa, and the Proud Boys to wage battle without consequences. In Los Angeles, Seattle, and San Francisco homeless bivouacs and unbridled crime have turned these cities into dystopian, democrat nightmares. In Chicago, gang warfare runs rampant with shootings far worse than what our military experienced in Afghanistan especially over the last 18 months going without casualties.

What Biden has succeeded in doing is uniting nearly two-thirds of Americans — all of whom believe his flight from Afghanistan was a colossal disaster.  It is the one-third who believe Biden is actually doing a good job that is most concerning.

In a successful military and intelligence campaign in Afghanistan, we had 2,500 troops with a strategic presence in central Asia’s foremost terrorist breeding grounds. Continued funding certainly could have been found in the series of COVID relief packages passed by Congress, of which less than half went to anything remotely COVID.

For over 70 years, we have maintained thousands of troops in South Korea, and since the end of World War II we have had troops in Japan and Germany. Maintaining a contingent of troops in Afghanistan that have been successful in deterring terrorism at home you think would be a given.

The Russians, Chinese, Iranians and the North Koreans will certainly test our defenses especially in cyberspace.

Come 9/11 our enemies will be dancing in the streets as our southern border is wide open and we are lectured about how vaccinations, global warming, and systemic racism are the most pressing problems facing the nation.

Perhaps Biden should send an army of social workers and psychologists into Afghanistan who could reason with the Taliban and show them the errors of their ways. Instructing them how they were wrongfully utilizing microaggression, ignorant of Facebook’s 58 genders, and the wonders and marvels of applied critical race theory.

Such a pathetic ending in Afghanistan was most unworthy of this 20-year epic struggle.

It was not a departure but an abandonment.

Could there have been any less planning and foresight?

Whatever possessed Biden to believe that the 20th anniversary of 9/11 was the right time for such a pullout?

 

 

 

 

 

 

The ensuing chaos at Kabul’s airport with people falling to their deaths from American Air Force planes is seared into the Biden legacy.

Postscript: This will be my last post for a little over a week. My bride and I will depart on the 11th, Saturday, on a LONG overdue Honeymoon (35 years). We never had one as I was in the middle of SOC workups , then deployed for six months. She understood completely as all Marine wives do. So we are going to some faraway place and hideout for a week. No, I won’t tell you until we return. No phones, no internet, and no TV. Swim, snorkel, scuba dive, sail board, relax, refresh, drink umbrella drinks under a canopy on the beach, and have a specially prepared dinner for us on our day — 13 September — on the beach under the same personal umbrella. 

I wish you all the best, stay safe, keep up the pressure on you know who and all the holders of his many puppet strings. I hope he hasn’t destroyed America so we have a place to which to return. Semper Fi; Jim and my bride of thirty-five years.

 

 

Originally posted 2021-09-10 13:38:27.

Current Events

An Open Letter To General Mark Milley

10 Comments

I do not know Mr. Quentin L. Smith and research only came up with the scumbag who shot two police officers, and I am certain they are not the same. Therefore, I know not the validity of this letter,  but it sure caught my radar. I hope you do not mind Mr. Quentin L. Smith, whoever your are sir, if i make a slight adjustment to the title of your wonderful letter, by removing the word “General,” and replacing it as I did with Mattis and use the term “Mr.” He is not a general in my eyes or to most of my brother and sister veterans. In my professional opinion, today we have no “real generals” in service to our once great nation. In sum, thank you for your service to our country in both the U.S. Army and the FBI. 

General (Mr.) Milley:

During testimony before the Congress of the United States you stated:

“I want to understand white rage, and I’m white…What is it that caused thousands of people to assault this building and try to overturn the Constitution of the United States of America?…I want to find that out.”

Well, General, (Mr.) I am a 76-year-old white man, a former officer in the United States Army (1967-70), and a retired Special Agent of the FBI with nearly 29 years of service (1971-1999).  I attended Trump’s rally on January 6th and I think I may be able to help you understand the reasons for “white rage.”

You impugn the motives of hundreds of thousands of patriotic citizens: whites, blacks, Hispanics, and Asians, male, female, young and old.  They weren’t trying to overturn the Constitution!  They wanted nothing more than to make their voices heard and, if possible, delay the certification of an election they believed, with probable cause, was stolen.  You and the media repeatedly claim Trump’s allegations of a “stolen election” are false.  Neither you, I, nor anyone else know whether this is true or not because the evidence (hundreds of witness affidavits signed under penalty of perjury, pristine mail-in ballots, Xeroxed ballots, the synchronized shutdown of ballot counting in 5 swing states until observers were removed from the election headquarters, etc.) has never been tested in court or disclosed to the people.

Apparently, my presence in Washington, DC on January 6th qualifies me, in your estimation, as one of those “outraged white people” you want to understand.  Since you appear to be somewhat intellectually challenged, let me give you just 13 easy to understand reasons for my “white rage” as you like to call it.

  1. I’m outraged that a duly elected President, the most effective President in my lifetime, was harassed, falsely accused of being a Russian agent, undermined, and lied about by “Deep State” career officials like yourself and a media that has become the mouthpiece of the Democrat Party; he was impeached and acquitted, not once but twice, during his entire 4-year term of office on clearly fraudulent charges.
  2. I’m outraged that BLM, Antifa, and other Marxists rioted during the summer of 2020 in cities across the country, and “heels-up” Kamala Harris led an effort to bail those who were arrested, out of jail.  Over 500 people, arrested for trespassing and vandalism at the Capitol on January 6th, remain in jail without bail and, in some cases, are held in solitary confinement.  This is not a defense of vandalism, but, how does the damage from the riots of summer 2020 compare to that at the Capitol on January 6th?
  3. I’m outraged that a president who accomplished more for the American people in four years than his three immediate predecessors did in 24 years having restored the US economy, cut taxes and regulations, made the US energy independent, brought unemployment rates down to their lowest level ever, destroyed ISIS, brokered peace deals between Israel and other Arab nations, defended our southern border, put America first, etc., etc., was fought every step of the way by Democrats and the Deep State.
  4. I’m outraged that this same president, who received eleven million more votes than he did in 2016, was questionably defeated in an election in which election laws were unconstitutionally changed in the days, weeks, and months immediately preceding the election, supposedly because of a virus.
  5. I’m outraged that a senile 78-year old career politician, who can’t put a coherent sentence together, who accomplished nothing during his 36 years in the US Senate and eight years as Vice President, who didn’t campaign and seldom left his basement during the campaign for President, and who could never draw a crowd of more than 200 people at one time, was declared the winner over a President who drew tens of thousands of enthusiastic supporters at each of his multiple rallies, daily, during the campaign.
  6. I’m outraged that Candidate Biden bragged about having put together “the most extensive and inclusive voter fraud organization in the history of American politics” (it’s on video) during an interview on October 24, 2020, with Crooked Media, a left-leaning media company founded in 2017 by former Obama staffers, and the media says that Trump lies when he claims the election was stolen!?
  7. I’m outraged that on January 28, 2018, before the Council on Foreign Relations, Joe Biden bragged  how he once threatened to withhold $1 billion in authorized military aid to Ukraine unless the former President of Ukraine “fired” the prosecutor who was investigating the corrupt energy conglomerate, Burisma, with whom Biden’s son, Hunter, was being paid $84,000 per month to serve on the Board of Directors.  Can you say, “quid pro quo?”  But, when Trump congratulated the newly elected President of Ukraine, who campaigned on fighting corruption, and encouraged him to follow through on his campaign promise, Rep. Adam Schiff (D-CA) blatantly lied about what Trump said and Trump got impeached!
  8. I’m outraged that the FBI was given Hunter Biden’s abandoned laptop computer, the hard-drive of which contained emails reflecting the corrupt practices of the Biden family vis-à-vis Ukraine and China and the FBI did nothing with it since crazy ol’ Joe was running for President.  Can you say: “Hillary Clinton and unauthorized servers containing top secret documents?”  Do you see a pattern here?
  9. I’m outraged that the “New Oligarchs” of high tech are censoring virologists of their right to voice their thoughts and opinions when those opinions are in conflict with the Democrat Party or the CDC.
  10. I’m outraged that an agency for which I proudly worked for nearly 29 years was politicized and corrupted by James Comey who was accurately described as being “out of his mind” and a “crooked cop” by a former Deputy Director of the FBI.
  11. I’m outraged that thirteen U.S. Marines were recently killed in Afghanistan by the Taliban just because our senile President was too arrogant to follow the blueprint put together by President Trump and his military advisers for the “conditioned” withdrawal of forces from Afghanistan.  Perhaps, you and our incompetent Secretary of Defense objected, but were either too cowardly or too busy promoting Critical Race Theory to push back and provide needed oversight of this withdrawal.  You succumbed to “Trump Derangement Syndrome” and now, as a result, you have the blood of thirteen dead Marines on your hands.
  12. I’m outraged about how the precipitous withdrawal of U.S. military personnel from Afghanistan was carried out “before” securing the removal of tens of thousands of U.S. citizens, Afghani interpreters, and others who assisted the U.S. military over the past twenty years, leaving them and Afghani Christians to be tortured and killed by the Taliban.  And you didn’t even give advance notice to our NATO allies.
  13. I’m outraged that you and Lloyd Austin carried out the withdrawal of the U.S. military without first securing the removal of $85 billion worth of military equipment, weapons, ammunition, Humvees, and aircraft, which you left behind for the Taliban, al Qaeda, and a re-emerging ISIS to use.  I agree with a retired British Colonel who recently publicly stated that President Biden shouldn’t be impeached, but rather he should be court martialed.  You should be, as well…for dereliction of duty and cowardice.

I could go on but I believe you get “my drift” as to why I and so many others – white, black, Hispanic, Asian, male and female, rich and poor, young and old – are experiencing flashes of “rage” and “anger” against this current administration.  If you had any honor and decency, you would resign and retire.

Sincerely,

Quentin L. Smith

Amen and thank you sir!!

Originally posted 2021-09-09 13:56:22.