Monday, February 3, 2025

February, 2024, Part 1, Political Class Insanity: A Senator Goes To Jail But A Speaker for the House Does Not, Politico Loses More Credibility, and Treason At The Federal Reserve

 Every month we devote posts to just general political class insanity that is running rampant through the country. The members of the American political class continue to show that they are incapable of efficiently operating any level of government in this country.


Even their best efforts are almost always ineffective at resolving any problem facing Americans. They spend a great amount of time not trying to improve the lives of their citizens but continually ensuring their reelection and enriching themselves, their families, and their friends in the process, all at taxpayer expense.


1)Bob Mendenez is a former New Jersey U.S.  Senator that was recently sentenced to 11 years in prison for corruption after he was found guilty in Federal court. But as we  have discussed over the years, corruption is kind of standard operating  procedure and one of the  most tenured member of Congress is alleged to be steeped in  corruption:


  • Podcaster Joe Rogan and former Illinois governor, Rod Blagojevich, discussed the alleged corruption and self enrichment of Nancy Pelosi, former Speaker of the House.

  • According to a New York Times article, Nancy Pelosi and her husband, Paul Pelosi, are worth about $240 million, up from $171.4 million that they were estimated to be worth in 2021. 

  • Thus, they upped their net worth by almost $70 million in three short years.

  • “Her estimated net worth has increased significantly since 2008 thanks in large part to the success of her husband, Paul Pelosi, who is a venture capitalist and property investor. It’s not possible to know the precise net worth of members of Congress as they are only required to provide a range of values in their financial disclosures and not specific dollar amounts,” Newsweek noted.

  • In 2024 alone, the Peloissi return on investment was much higher than just about every professional investment company in the country, an amazing 720% return on investment over the past decade.

  • Thus, given these numbers many allege that her husband drives his investment decisions by insider government information that his wife has provided to him over the decades.

  • While this corruption has never been proven, a smart persons(s) has come up with a solution to the alleged insider trading.

  • They have developed a phone app called Autopilot which tracks the Pelosis’ investment decisions with the logic being that you too can get outstanding investment returns by simply doing whatever the Pelosi family does.

  • According to Rogan: “Oh, it’s so good.  I’m not really a stock market person. I don’t pay attention. But, I do know people that are very invested in the stock market. And ‘Pelosi stock tracker’ is legit. Like, you could find out what she’s buying and you should buy it. She’s a really good stockbroker Rod. She’s super good at it.”


I guess that if you cannot prove corruption and stamp out corruption, you  might as well profit off of it via the app. Maybe Menendez just went about it the wrong way.


Note: long ago we reported on a little bit of shady dealings that Nancy Pelosi was allegedly involved with as it pertains to the VISA credit card IPO:


https://loathemygovernment.blogspot.com/2011/11/final-proof-of-undeniable-corruption.html


2)We have often asserted that the country can survive bad politicians, e.g. Nixon, Carter, Biden, etc. However,  it will not survive a corrupted press. When the mainstream media in a country becomes a mouthpiece for the political class, then the checks and balances that an unbiased press should be providing in a democracy becomes non-existent.


Only someone with blinders on can say that the mainstream press has not devolved into a mouthpiece for liberal and Democratic politicians. And recent disclosures again prove how corrupt and out of integrity the  mainstream press has become:


  • Marc Caputo and Tara Palmeri used to be “journalists” for the left leaning news site, Politico.

  • They recently admitted that Politico was guilty of covering up the dirty laundry and other laptop scandal of Hunter Biden’s infamous broken laptop computer.

  • Many believe, and opinion polls support their view, that if the public knew what the Biden crime family and Hunter Biden were up to, it would have swayed the 2020 presidential election to Trump.

  • Caputo has now publicly proclaimed that when he tried to report on the laptop in October 2020, Politico executives told him to shut up and not report on any aspect of the laptop: don’t write about it, don’t talk about it, don’t tweet about it.

  • Instead, Politico wrote about the now debunked and outright lie that Trump and Russia were partners in “disinformation.”

  • Palmeri verified his position, that despite doing a real journalist's job and doing in-depth research over several  months, Politico executives also squashed her efforts.

  • Caputo also said that his bosses told him to back off in 2019 about a tax problem Hunter biden had back then.


We can survive corrupt and  bad politicians, we cannot survive corrupt and bad journalism.


3)Let’s stay on the corruption angle and go to the Federal Reserve:


  • A former Federal Reserve official was recently indicted for allegedly giving China confidential economic data that was developed by the Federal Reserve.

  • Federal authorities arrested John Harold Rogers and accused him of conspiring with Chinese intelligence officers while working as an economic advisor to the Federal Reserve.

  • His arrangement with the Chinese stretched over 11 years, from 2010 to 2021, and he used the cover story of teaching at a Chinese university where he earned a whopping $450,000 salary, which should have been a sure tip off that he was up to no good.

  •  He tried to cover his acts of treason by lying to Federal investigators in 2021.


Another day, another case of corruption, this time at the Federal Reserve.


That will do it for today: corruption in DC be it accepting bribes, self enrichment using insider government information or outright treason of the Chinese.

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If you agree that we need to deseat every member of Congress for their lack of success and accomplishment, then please consider going to the following petition link to help the cause:


https://www.change.org/p/deseat-congress-reset-freedom



**********************


Our book, "Love My Country, Loathe My Government - Fifty First Steps To Restoring Our Freedom And Destroying The American Political Class" is now available at:

Friday, January 31, 2025

January, 2025, Part 10, Political Class Insanity: New Jersey Senator Goes To Prison, Condoms For Gaza, Americans Are Struggling Financially and More

 Every month we devote posts to just general political class insanity that is running rampant through the country. The members of the American political class continue to show that they are incapable of efficiently operating any level of government in this country.


Even their best efforts are almost always ineffective at resolving any problem facing Americans. They spend a great amount of time not trying to improve the lives of their citizens but continually ensuring their reelection and enriching themselves, their families, and their friends in the process, all at taxpayer expense.


1)We have talked about this political corruption before but this episode has finally came to an end:


  • Bob Menendez was once a long term U.S. Senator from New Jersey.

  • He was convicted of 16 counts of corruption and bribery for shady dealings with the Egyptian government which led to the FBI finding almost half a million dollars in cash and many gold bars in his home.

  • As a result of his conviction, a judge recently sent him off for 11 years in prison.

  • He claimed he was innocent and blamed Biden for political lawfare.


Whatever happened, for the first time in a long time a corrupt politician is facing real penalties for his corruption. It’s a good day but many more crooked politicians also need to meet the same fate.


2)We have talked about absolutely stupid wastes of taxpayer dollars over the years including some real disgusting wastes during the Biden Presidency. Taxpayer money was sent overseas to support LGBTQ+ programs around the world. He sent about $200 billion to the Ukranains to fight the Russians, 50% of which has been possibly lost to corruption.


But the latest news out of the Biden administration may be the most inane and disgusting waste of taxpayer money:

  • This waste of taxpayer money involved Biden allocating $50,000,000 that was focused on condom distribution in Gaza.

  • Let me say that again so it really sinks in: with millions of Americans homeless, hungry, in need of medical care, and struggling to survive, Biden wanted to spend $50 million on condoms for Gaza.

  • Not only was this a stupid effort, condoms for Gaza, but apparently the terrorist group running Gaza, Hamas,, repurposed the condoms to help deliver IED devices that they then floated into Israel where the IEDs did extensive and expensive damage to schools, farmland, and infrastructure.


Thus, the program was not only a stupid waste of taxpayer dollars but it caused millions of dollars in damage to a U.S. ally.


3)More data became available recently which shows how devastating Biden’s failed economic policies were and still are:


  • A news survey from Bankrate found that 59% of respondents could not afford an unexpected $1,000 expense.

  • Think about the precarious situation these folks are in: if they need major car repairs, a new kitchen appliance, a medical  emergency, they are in dire financial straits.

  • In other words, given Biden’s inflation policies the majority of Americans are living paycheck to paycheck.

  • Since Biden took office, egg prices are up 182%.

  • Since Biden took office, ground beef prices are up 41%.

  • Since Biden took office, chicken prices are up 30%.

  • Since Biden took office, milk prices are up 18%.


Thus, it is no surprise 59% of Americans are struggling financially.


4)So, up above we talked about how the Federal government squandered $50 million on condoms for Gaza. While that is horrific, it doesn't compare to the ineptness and waste of the following Federal government project:


  • The Federal government is working on building a new Air Force One jet for Presidential travel.

  • The  delivery date for the new jet has been  pushed back  to 2029  despite the fact that this effort began way back  in 2018.

  • The jet was supposed to be delivered by 2024 at a cost of $3.9 billion but the date has obviously slipped five years and the price tag is already up to $5.3 billion.

  • Boeing, the contractor for the jet, has already absorbed over $2 billion in cost overruns.

  • Since the plane has not been  totally built yet and the delivery is four years away, you know that that $5.3 billion cost is going to go even higher.


Wow, who would have expected it, a major government project that will not meet both its delivery schedule and its budget? Everyone.


5)Wasteful spending and non-delivery is not restricted to Federal government projects:


  • Six years ago, in  2019, the city of Albuquerque, New Mexico spent $4 million on solar panels.

  • The plan was to install these solar panels on seven municipal government buildings.

  • However, six years later many of these 1,000 solar panels have not been installed and are just laying about.

  • Even  worse, the panels that were actually installed on two buildings have never worked.

  • Panels on  another building are functioning only 6% of their capacity.

  • The original plan in 2019 was to have ALL of Albuquerque’s government buildings being powered by 100% renewable energy by 2025.

Another government project that cost a lot and never got fully implemented, great.

In summary: an  American politician is going to jail for a long time, the “Condoms For Gaza” program was stupid to begin with and was just a wasteful, inane idea, Americans are struggling to survive and pay basic expenses, and government projects never seem to be on schedule and on budget, be it a new Presidential plane or a few solar panels in New Mexico.

**********************

If you agree that we need to deseat every member of Congress for their lack of success and accomplishment, then please consider going to the following petition link to help the cause:


https://www.change.org/p/deseat-congress-reset-freedom



**********************


Our book, "Love My Country, Loathe My Government - Fifty First Steps To Restoring Our Freedom And Destroying The American Political Class" is now available at: