THE THESIS: In a fallen world, we should not be surprised that entire business sectors are built around lies. We can treat this as horrible news, or we can give praise to God for giving us all the easiest, pass / fail that will ever exist.
THE SCRIPTURE & SCRIPTURAL RESOURCES:
“If your eye is pure, there will be sunshine in your soul. But if your eye is clouded with evil thoughts and desires, you are in deep spiritual darkness. And oh, how deep that darkness can be! “You cannot serve two masters: God and money. For you will hate one and love the other, or else the other way around.
“You cannot serve two masters at the same time. You will hate one master and love the other. Or you will be loyal to one and not care about the other. You cannot serve God and Money at the same time.” The Pharisees were listening to all these things. They criticized Jesus because they all loved money. Jesus said to them, “You make yourselves look good in front of people. But God knows what is really in your hearts. What people think is important is worth nothing to God.
But people who long to be rich soon begin to do all kinds of wrong things to get money, things that hurt them and make them evil-minded and finally send them to hell itself. For the love of money is the first step toward all kinds of sin. Some people have even turned away from God because of their love for it, and as a result have pierced themselves with many sorrows. O Timothy, you are God’s man. Run from all these evil things, and work instead at what is right and good, learning to trust him and love others and to be patient and gentle. Fight on for God. Hold tightly to the eternal life that God has given you and that you have confessed with such a ringing confession before many witnesses.
Keep your life free from love of money, and be content with what you have, for he has said, “I will never leave you nor forsake you.” So we can confidently say, “The Lord is my helper; I will not fear; what can man do to me?”
THE NEWS & COMMENT:
Michael Burry saw the mortgage business for what The Party made of it: a scam set to fall. Now, he has compared it to the Covid response.
The Figurehead pretends he is “forgiving loans” but he is actually--once again--forcing you to bail out Wall Street.
Studies Show Biden’s Illegal Student Debt Scheme Is Welfare For The Rich
We cannot be shocked by this. D.C. is a godless CIty of greed. Just look at Mitch McConnell and his corrupt wife:
Trump Is Right. Mitch McConnell And Elaine Chao Spent Decades Getting ‘Rich On China’
Foremost [a company owned by Elaine Chao’s Father] is technically based out of New York but largely operates out of China, where at least 70 percent of its freight, mostly industrial, is delivered. Not only are a majority of Foremost’s ships built in state-owned shipyards, but some are even financed by the Chinese Communist Party. They are then used to deliver cargo outlined in contracts with the communist government, which has clearly stated goals to rapidly expand its industries to compete with the U.S.
Foremost and the Chao family have benefitted from loans estimated to be between $350,000 and $1 million from the U.S. government and loans from Chinese banks known by the Trump administration as threats. Again, this is a company owned by the father-in-law of America’s top congressional Republican and the father of the former transportation secretary. Not only do Chao’s father and sister Angela Chao still share leadership over Foremost, but the pair also once sat on the board of an offshoot of the CSSP together.
This trend of the Chao family expanding their influence in China only continued as McConnell and his wife burrowed deeper into the American political system. When Trump named Chao head of the Department of Transportation in January of 2017, her family publicly rejoiced — likely at the opportunity to further their business interests. That same month, Chao’s sister Angela was named independent non-executive director of the CCP-affiliated Bank of China.
McConnell still expresses some support for curbing China’s ascent, but whether his concern is sincere or political is difficult to say.
Not only do McConnell and Chao’s family members financially benefit from doing business with communist China, but so have McConnell and Chao. The political duo may not have a formal stake in the Chao shipping empire, but they have certainly amassed wealth from the business.
The biggest evidence for this came in 2008. Just one year after James Chao joined CSSC Holdings, in addition to running Foremost, McConnell received a “gift” of $5 to $25 million from his father-in-law. As Politico reported, that payment significantly bumped McConnell’s net worth, which was measured at around $3.1 million in 2004, to between $9.2 million and $36.5 million in 2014.
Several members of Chao’s family, including Angela and James, also contributed more than $1 million to McConnell’s re-election campaigns. In other words, the founder of an unofficial arm of our top adversary’s navy is helping keep McConnell in U.S. leadership. According to Schweizer, these kinds of payments could have been money designed to keep a favorable relationship between McConnell and the Chao family.
I lost a dear friend to suicide. Before he died, he shared with me his recollection of what a banskter did to his firm and his career. It’s my opinion it ultimately lead my friend to take his life.
Jamie Dimon’s $13 Billion Secret; The inside story of JPMorgan Chase’s landmark mortgage settlement
THE LISTENERS:
Todd, I love your show! I used to listen to you on EIB. Your comparison of what has happened with the plandemic and the Big Short was great and made me want to watch the movie. However, when I researched it and found out that it has 74 uses of the F-word, I just can’t do it. That’s like one every 30 seconds! For me that’s a non-starter. I don’t know how you can put up with that. Maybe your description of yourself raising your hand in the “VIP” meeting inspired me to speak up, but I would just say that you should give some kind of a warning when mentioning a movie like that (maybe you did?). I know it’s hard to find one without something bad in it, but 74?! Why do they have to ruin so many potentially good movies?
Ephesians 5:4
Dan from SC
College loan “forgiveness” is for Wall Street!