BS”D (בס״ד), which is an acronym for the Aramaic phrase b’syata d’shmaya (“with the help of heaven”).
‘Faith Not Fear!’
Things are not always as they appear to be! Please read between the lines! (B2EN THE//S)
BIG TECH
CHILD ABUSE / CHILD SEX TRAFFICKING
Child sex-crime epidemic in K-12, one arrest per day so far this year: report
“The question for critics who seek to downplay the extent of public-school sexual abuse is this: How many arrests need to happen before you consider it a problem?”
With nearly 270 public educators arrested on child sex-related crimes in the first nine months of 2022, this is a largely hidden and widespread epidemic that is receiving far too little attention. The crimes range from grooming to raping underage students.
According to Fox News Digital, this epidemic is averaging approximately one arrest per day. The number includes four principals, two assistant principals, 226 teachers, 20 teacher’s aides and 17 substitute teachers, according to Fox News. Three-quarters of the arrests involved alleged crimes against students. Men made up approximately 80% of the arrests.
Among the most egregious examples cited is the case of Eugene Pratt, 57, a former principal, elementary school teacher and coach who taught at-risk youth in multiple Michigan public schools. He was charged with first-degree criminal sexual conduct in August and stands accused of sexually assaulting at least 15 boys and young adult men over the course of his career.
“The number of teachers arrested for child sex abuse is just the tip of the iceberg — much as it was for the Catholic Church prior to widespread exposure and investigation in the early 2000s,” Christopher Rufo, a senior fellow at the Manhattan Institute, said in a statement to Fox News Digital. “The best available academic research, published by the Department of Education, suggests that nearly 10% of public school students suffer from physical abuse between kindergarten and twelfth grade.”
CHINA
COMMENTARY / OPINION
The Real “Existential Threat” to People and Planet by Don Ritter
It is government policies that promote green energy and suppress fossil fuels
It’s ironic. The very Biden Administration and European Government policies that are supposed to address the asserted “existential threat” of climate change are themselves the true existential threat to modern civilization.
As someone trained in science and engineering, a lifelong hiker, gardener and lover of nature in the extreme, I want a healthy, sustainable planet as much as anyone promoting the climate change agenda. It’s not that “green” energy is bad. It’s that the rate of “going green,” and the enormous investments required, are wildly disproportionate to society’s energy needs, now and for the foreseeable future.
COVID-19
My wife just resigned from the El Camino Hospital Foundation Board Steve Kirsch
She asked them if they would talk to me. They refused.
My wife just resigned from the board of the El Camino Hospital Foundation.
Obviously, my views on how hospitals have been behaving during this pandemic had a major influence on her decision.
Hospitals should be advocates for patient care and superior outcomes, not following government narratives.
For example, I tried to help save the life of the husband of a friend who was hospitalized at El Camino by suggesting to the doctors that cyproheptadine (an antihistamine) has been life saving for hospitalized COVID patients. I sent the case series showing the transformative effect: people who were very sick with COVID turned around within 24 hours. They could offer no reason for not considering the drug other than it wasn’t on their government narrative protocol. They not only refused to offer it to the patient as an option, but instead, they actually convinced the patient to refuse the drug! He was finally released weeks later, but he was close to dying.
My wife suggested that El Camino Hospital infectious disease specialists meet with me to discuss my views. After all, I am one of the biggest “misinformation superspreaders” on Earth. Check out that search result:
In September Dr. Andrew Huff sent a report on the REAL origin of the SARS-CoV2 virus to the US Senate and Congress.
Andrew Huff is the former vice president of EcoHealth Alliance, an Army veteran, and the author of a forthcoming book from Simon & Schuster called, “The Truth about Wuhan: How I Uncovered the Biggest Lie in History.”
Dr. Huff provided proof that the COVID virus that killed millions and resulted in mass starvation and global economic shutdown was created in a Wuhan laboratory.
Dr. Andrew Huff submitted the letter and evidence under penalty of perjury.
Theater Actress Collapses in Studio After Her Performance on Live TV (VIDEO) Jim Hoft
Theater actress Mary Perdomo, star of the musical “El Principito” (The Little Prince) was a guest on last Thursday’s (October 13) episode of ‘Día a Día’ (Day to Day), where she collapsed right after her performance, El Espectador reported.
She was with two of her co-stars who were performing the play on the morning show, and then the actress suddenly passed out at the end of their presentation.
The program host Carolina Soto went over to Mary, who was lying on the floor and called for assistance from the staff.
“Oh, my God, something happened to her, something happened to her, someone to help us,” said Carolina Soto as they went to commercials.
Press Conference Tomorrow: Risking Careers, Active-Duty Military Officers Will Call For an End to Unlawful DOD Vaccine Mandates Margaret Flavin
On Tuesday, October 18, active duty officers in the US military will speak at a press conference calling for an end to the DoD’s unlawful Covid-19 mandates and expose the harsh and unjust treatment that 80,000+ unvaccinated service members continue to face.
These service members will join their attorney, Dale Saran Esq., who will provide updates to the cases he is litigating in Federal Court against the military Covid-19 vaccine mandate.
The Gateway Pundit’s Jim Hoft has interviewed several members of the military to discuss the unjust treatment that they and their fellow military members have been subjected to under the unlawful mandate.
The mandate has forced thousands out of military service and discouraged new recruits from joining. Military recruiting and retention is suffering.
New documents released by Judicial Watch reveal the FBI was investigating the decision by the National Institute of Health (NIH) to fund the Wuhan lab where the scientists were performing gain of function research on bat coronavirus.
In early April of 2020 TGP reported that the China coronavirus (COVID19) most likely came from the Wuhan Institute of Virology. After years of denials and disputes the head of the WHO believes this is where it came from as well.
TGP reported in a series of articles in April 2020 that the probable epicenter of COVID-19 was the Wuhan Institute of Virology. This was refuted by experts in the field and our reporting was denounced by those involved intimately in the origins of COVID-19.
Judicial Watch reported the FBI was investigating the Wuhan lab’s gain of function testing back in May 2020 — at the same time Dr. Fauci and Dr. Collins were scheming to deny their link to the Wuhan lab.
[Ed.: Instead of merely arresting them, arrest them with their families, and make them inject it into their families, and then, of course, to them. Do it on live broadcast. If they happen to be one of the 20% that survives, give them a booster.]
Italian singer Enzo Gragnaniello collapses onstage; Moroccan singer Omar Sayed has emergency surgery; Australian tennis pro Todd Woodbridge (51) has heart attack; 22 hurt in 6 “vaxxidents” in Germany Mark Crispin Miller
NON-fatals in Germany, Italy, Morocco, Turkey & Australia include 2 “medical emergencies” in the stands at the same game, 2 kids collapse on playing fields, and an airliner’s emergency landing
Coronation Street’s Chris Fountain has mini-stroke at 35; Emma Hayes, manager of Chelsea Women, has emergency hysterectomy; Colombian goalie felled mid-game; French 2-year-old goes into cardiac arrest Mark Crispin Miller
NON-fatals in Colombia, Brazil, UK & France include a man who, on his 38th birthday, had 5 heart attacks, a runner, 31, “struck down by heart disease” mid-race, and 7 hurt (6 badly) in 3 “vaxxidents”
Sorry, COVID Maniacs, Americans are Moving On by Jeff Crouere
After 31 excruciating months, Americans are ready to move on from COVID-19. Even President Joe Biden admitted that “the pandemic is over.”
According to a recent poll by Axios, 65% of Americans agree with Biden and see little to no risk in returning to their pre-COVID lifestyles and activities.
Despite constant warnings from Dr. Anthony Fauci, Chief Medical Adviser to President Biden, to get “boosted” and remain vigilant about the threat of the virus, most Americans have had enough.
Even though Fauci is a big mask proponent, the Axios poll found that 63% of Americans rarely or never wear a mask outside of their home. This percentage is more than double the amount, 27%, from earlier in the year, when the Omicron variant was surging throughout the country.
The best news from the Axios poll is that 65% of Americans support the removal of all remaining local, state and federal government COVID restrictions.
Vaccinated Suffering Strange, Terrifying New Illness [7:14] By Pamela Geller
Vaccinated populations suffering strange new illness, doctors report foreign compounds found in vaccines
Why Your Mask Came from China BY JEFFREY A. TUCKER
The story of the shocking lockdowns, in the US and around the world, of Spring of 2020 is impossible to tell without the central role of China, where lockdowns began and where the virus is believed to have originated. The World Health Organization, with the UK and the US as signatories, proclaimed that China managed the virus properly in an influential report dated February 26, 2020.
This series of events did not occur in a vacuum. The US and China were in the thick of a fiery trade war, with nearly two years of rounds of claims and counterclaims, fines and retaliations, as well as on and off rounds of negotiations that proved fruitless. There was plenty of carnage on both sides along the way.
Is there a way in which the two fields of battle – the trade row and the virus response – are somehow linked? Was the selling of lockdowns as a virus response its own form of trade retaliation? Many have speculated along those lines.
And there’s another intriguing prospect raised by this stark reality: even while the US was in the thick of a cruel lockdown that crushed small business and so much of American civic life, trade with China actually began to recover, due mostly to the persuasive gifts of Trump’s son-in-law Jared Kushner. Perhaps this was not an accident.
Let’s review the series of events.
[Re-posting daily] Holocaust Survivor, Vera Sharav Speech at Nuremberg 75 [26:48] childrenshealthdefense
Vera Sharav, Holocaust survivor and human rights advocate, speaks first at the 75th Anniversary Event of the Nuremberg Code in Nuremberg, Germany, on August 20, 2022.
It was almost 75 years ago that the city of Nuremberg was the place of a historic declaration. When the judges of the military tribunal against leading medical officers in the Nazi administration passed their verdict, they issued what would become known as the Nuremberg Code.
On August 20, a compelling line-up of international speakers traveled to Nuremberg to commemorate the 75th Anniversary of The Nuremberg Code. Now of all times, in its jubilee year, this achievement of mankind is facing the greatest hardship since it was written.
Speakers include: CHD President Mary Holland, CHD Africa Executive Director Shabnam Palesa Mohamed, Dr. Tess Lawrie, Martin Michealis, Steffi Bresnik, Rolf Kron + more.
ELECTION
J. Alex Halderman is an election expert who has made headlines the past few years. He now is calling out another election issue related to voting systems. But is his solution to protect individual privacy or destroy verification of election integrity?
Before the 2020 Election, professor J. Alex Halderman gave this presentation on the many vulnerabilities with the voting machines used in US elections.
Halderman was then asked to review the voting machines in Georgia after the 2020 Election. He provided his report, but to this day it has been sealed by corrupt Judge Amy Totenberg. This corrupt judge is hiding this report from the American public.
About a year later, CISA, the government agency that said that the 2020 Election was the most secure in US history, released a report in response to the issues identified in the Halderman report (which has never been released). The CISA report provided ample evidence of voting machine issues that could be used to materially change the results of elections.
CISA assured us that this was what was in Halderman’s report and that there was no evidence any of these issues had been used in the 2020 Election. Unfortunately, CISA can no longer be trusted.
Konnech’s Connection to the CCP’s #1 Voting Technology Company [2:18] KanekoaTheGreat
Do you think Eugene Yu is secretly running Hongzheng Technology? Or, perhaps, could Yu be secretly running Konnech, a voting technology company in America, for the CCP?
On October 4th, Michigan police arrested Eugene Yu, the CEO of a U.S. election software company named Konnech, for storing the personal data of American election workers on servers in China. The day before, a New York Times article identified Yu’s subsidiary company in China, “Jinhua Yulian Network Technology,” a company “where programmers developed and tested software.”
In a 2013 archived version of the Chinese company’s website, Yu praised the vision of “Comrade Jiang Zemin” and the Chinese Communist Party before bragging in Chinese about his success with “Election Management Solutions Detroit” and “U.S. Overseas Voters.” Konnech founded its Chinese subsidiary in November 2005 and its only known employee is a supervisor named Lin Yu.
In 2015, Konnech transferred a voting technology patent invented by its employee Shao Guojun, to a Chinese election company named Hongzheng Technology. On Weibo – a Chinese app like Twitter – this third Yu-related company wrote that “its predecessor “Jinhua Yulian Network Technology Co., Ltd.” (Konnech., Ltd) was established in November 2005.”
Prosecutors: U.S. election firm gave Chinese workers ‘superadministration’ access to election data
Supervisor described policy as “huge security issue.”
AU.S. election technology company currently embroiled in scandal gave Chinese subcontractors high-level security access to American election data, according to a warrant filed by prosecutors this week in Los Angeles.
Authorities earlier this month arrested Eugene Yu, the CEO of the election software company Konnech, on charges of grand theft and embezzlement related to his work with that firm. Controversy has also swirled over Konnech’s alleged storage of poll worker data in servers located in the People’s Republic of China.
FOOD SHORTAGE
HEALTH
IRAN
ISLAM
ISRAEL (IINO)
JANUARY 6TH / POLITICAL PRISONERS
NEWS
Andrew Weissmann has been intimately involved in some of the biggest corruption scandals in US history. Weissmann was involved in FBI activities with the mob in New York in the 1990s. He was a key member of the Enron Task Force and then the Mueller Special Counsel.
Attorney Sidney Powell shared the following about Andrew Weissmann:
The hallmark of the Department of Justice for decades has been to seek justice not convictions and if that meant letting a guilty person go free to make sure the government did it all right, then that was supposed to happen.
But Mr. Weissman, he couldn’t spell the word ‘ethics’ despite the fact somebody actually had him teach a course in it one time, I think over in England. His mantra is ‘the end justifies the means’… he targets people, individuals. And you’re right, I had no doubt from the moment he was picked for the Mueller Special Counsel operation, that he would have filed RICO charges against President Trump and seized every asset he ever had, if there had been any way he could do that.
Every conservative in America must register, show up, and vote straight-ticket Republican this fall. No excuses. We have a country to save. Tierney’s Real News
Sweden Refuses To Share Nord Stream Attack Data, Opts Out Of Joint EU Investigation BY TYLER DURDEN
Sweden has refused to join a joint international investigation into the recent attack on the Russian-owned Nord Stream 1 and 2 pipelines, citing national security concerns.
According to Mats Ljungqvist, the Swedish prosecutor involved in the country’s criminal investigation of the leaks in the Swedish economic zone, the country will not join a Eurojust Joint Investigation Team, which would require them to share their findings with Germany and Denmark.
Sweden notably reported the detection of underwater explosions on Sept. 26, shortly after which large patches of roiling gas could be seen on the surface in the same area. Nearly two weeks later, Sweden’s domestic security agency said their initial investigation into the explosions had “strengthened the suspicions of serious sabotage.”
Eurojust – an EU agency which coordinates judicial co-operation in criminal matters among member state agencies – said the Joint Investigation Team is “one of the most advanced tools used in international cooperation in criminal matters, comprising a legal agreement between competent authorities of two or more States for the purpose of carrying out criminal investigations.”
On Friday, Germany’s interior ministry said that the German Federal Police had completed their part of the investigation and turned in their findings.
Sweden’s concerns over joining the team – which typically take 12-24 months to investigate – is “directly linked to national security,” according to Ljungqvist in a statement to Reuters.
Ljungqvist’s remarks come after German news website Der Spiegel reported a similar situation, citing unnamed German security sources. It said that Sweden had rejected the idea of sharing information it uncovered from its probe into the Nord Stream leaks with Germany and Denmark, saying that “the confidentiality level of the results of its investigation was too high to share them with other states.”
Nation’s Top Law Firms Fund Anti-Semitic Campus Groups at Berkeley Adam Kredo
Pro-Israel groups want to know why these firms are driving Jew hatred
A host of the nation’s premier law firms are financially supporting organizations at Berkeley Law School that are accused of fostering anti-Semitism and hatred of Israel, according to a campus watchdog group.
Student groups at the elite law school, led by Law Students for Justice in Palestine, adopted what they called a pro-Palestine bylaw earlier this month pledging to ban all speakers who support “Zionism” or “the apartheid state of Israel.” The resolution primarily targets Jews who identify as pro-Israel and support the Jewish state, fueling accusations of anti-Semitism among Berkeley law students.
An analysis by StandWithUs, a nonpartisan pro-Israel organization that combats anti-Semitism on campus, indicates that half of the student groups that backed the resolution are funded in part by some of the country’s most elite law firms, including Latham & Watkins, Jenner & Block LLP, and Cooley LLP. StandWithUs is demanding these firms pull their support from the student groups, but, as of Friday, none have committed to do so. A Washington Free Beacon request for comment to 10 of the law firms named by StandWithUs was not returned by press time.
NC man serves jail time for refusing to mask in courtroom
Gregory Hahn, a veteran and single father, was jailed by Harnett County Judge Charles Gilchrist for refusing to wear a mask during juror training. Gilchrist ordered Hahn to serve 24-hours in jail for contempt, despite there being no mask mandates in Harnett County or the Lillington public government building. Hahn shared his story on Fox News Friday evening, setting off a national outrage over Hahn’s treatment.
Appointed in 2010 by former N.C. Gov. Bev Perdue, a Democrat, Gilchrist is the only judge in the county court system that forces people in the room to wear masks.
“Judge Gilchrist’s ruling is outrageous,” Rep. Richard Hudson, R-NC, said in a statement over the weekend. “Even if you agree with the Judge’s perspective on masks, Hahn should have never been arrested. There are other ways it could have been handled.”
Hahn said that a sign posted clearly stated that masks were optional in the public building.
At least a dozen cops from Connecticut to Mississippi were shot last week
“The spewing of anti-police rhetoric by some political and media figures as well as the failed policies of rogue prosecutor and judges are placing our officers in greater danger,” the National Fraternal Order of Police tweeted on Thursday.
At least a dozen police officers were shot last week amid a spike in anti-police violence, as the nation’s largest police union connected the violence to anti-police policies and messaging.
“Since Monday, at least 12 police officers have been shot,” the National Fraternal Order of Police tweeted on Thursday. “The spewing of anti-police rhetoric by some political and media figures as well as the failed policies of rogue prosecutor and judges are placing our officers in greater danger. This culture of lawlessness must stop!”
With 56 police officers killed by gunfire so far this year, the United States is on a pace for the deadliest year for officers since 2016, according to organizations that track violence, the Associated Press reports.
OTHER / MISCELLANEOUS
Here Is Where You Can Take Shelter During Nuclear War In US?
According to the survivalist website Survivalfreedom.com, the upper Midwest, Maine, West Texas, and several small pockets, typically in places with few populations, are where you can take shelter during a nuclear war in the US.
The first thing that comes to mind after President Biden’s nuclear “Armageddon” pronouncements and reports that the federal government is purchasing $290 million in anti-radiation medications for use in “nuclear emergencies” is where to shelter in the case of nuclear war.
The upper Midwest, Maine, West Texas, and several small pockets, typically in places with few populations, are some of the safest regions in a nuclear war, according to the survivalist website Survivalfreedom.com, which provides a solution to that issue. The East Coast is the most vulnerable part of the country because there are so many military bases, defence firms, important infrastructure, and big cities there.
The survivalist website linked to a Federal Emergency Management Agency (FEMA) map that shows the locations of Russian intercontinental ballistic missiles (ICBMs) that are most likely to hit those locations.
A more detailed map of US nuclear targets is provided here.
The Day All The ATMs Ran Out Of Cash Milan Adams
(The sudden collapse of prices. The Great Depression began with the collapse of stock market prices in 1929. That was preceded by the collapse of agricultural prices in the United States during the 1920s.)
Money plays such an important role in our lives that most of us could not imagine surviving without it. Yet that is exactly what you need to do if you want to prepare for an economic condition called deflation.
Deflation is the term economists use to describe a “general decline in prices, often caused by a reduction in the supply of money or credit.” A good way to think of deflation is as the opposite of inflation. Inflation occurs when there is too much money in circulation, which destroys its value and raises prices. When deflation occurs, there is too little money available, which often causes prices to collapse and the economy to shut down.
In severe cases of deflation there can be no money available at all not — even at the banks. This nightmare actually occurred during the Great Depression of the 1930s, when there were places in the United States where there was no cash available at all. More recently, it has happened in Greece, where ATMs ran out of cash and where banks placed limits on the amount of money that could be withdrawn.
People had no money to pay bills or buy food for their families. Employers had no money to pay employees, customers had no money to buy goods, and many people were reduced to bartering to survive. During the Great Depression, farmers would pay professionals such as mechanics and doctors with food because they had no money and no credit.
The U.S. Power Grid Is At Risk Of Catastrophic Failure? (It may be an over-statement to refer to the U.S. power grid as crumbling, but in many parts of the country that’s exactly the case. The North American power grid is old.) by Madge Waggy
Many of us have experienced a power outage at one time or another. Most of the time the duration of the outage is measured in hours, maybe a day, and in rare instances – a week or more.
The outages also tend to be localized and repairs happen quickly or power is “borrowed” from a nearby utility or network and rerouted to the affected area. The experience is usually a frustrating inconvenience and most hospitals and critical systems have backup power to get through the outage.
But what if…?
What If The National Grid Fails?
It’s never happened in the United States, but some countries have had widespread power outages affecting most of their territory. Russia’s cyber attack on Ukraine’s grid in 2015 knocked about 60 substations offline, leaving 230,000 people in the dark. It was an ominous threat, but once again, the outage only lasted 1 to 6 hours.
It seems like most power outages, regardless of the extent, have a short duration and are only an inconvenience. But there’s a problem.
RUSSIA
TYRANNY / TOTALITARIANISM
DOJ Recommends Outrageous Sentence for Steve Bannon
The DOJ is recommending an extremely stiff sentence for Steve Bannon, who was convicted of contempt of Congress earlier in the year after defying a subpoena by the January 6th committee. According to the sentencing memorandum, the federal government wants Bannon to spend six months in prison and have to pay a $200,000 fine.
The sentencing demand by the DOJ outpaced expectations, which were that Bannon would spend 30 days or so in jail. Six months is nearly unheard of in these cases.
In fact, anyone getting criminally prosecuted for not obeying a congressional subpoena is nearly unheard of. It wasn’t that long ago that Obama officials Eric Holder and Lois Lerner both defied congressional subpoenas from a Republican-controlled House. Despite criminal referrals, and in the case of Holder, even though a large number of Democrats voted that he be held in contempt, the DOJ never even entertained the idea of pursuing the case criminally.
Yet, once again, Democrats have chosen to change the rules to benefit them politically. That means it’s left up to Republicans to make sure they are enforced equally. In January, barring an asteroid hitting Earth, the GOP will be back in charge of the House of Representatives. The investigations need to start immediately, and subpoenas need to be handed out like candy. Dare Democrat officials and their political operatives to not show up and answer for their corruption. When they don’t, send the criminal referrals over to the DOJ and make them own the new standard they set.
UKRAINE
The Secret British Intelligence Plot To Blow Up Crimea’s Kerch Bridge
The secret British intelligence plot to blow up Crimea’s Kerch Bridge is revealed in internal documents and correspondence obtained exclusively by The Grayzone.
The Grayzone has obtained an April 2022 presentation drawn up for senior British intelligence officers hashing out an elaborate scheme to blow up Crimea’s Kerch Bridge with the involvement of specially trained Ukrainian soldiers. Almost six months after the plan was circulated, Kerch Bridge was attacked in an October 8th suicide bombing apparently overseen by Ukraine’s SBU intelligence services.
Detailed proposals for providing “audacious” support to Kiev’s “maritime raiding operations” were drafted at the request of Chris Donnelly, a senior British Army intelligence operative and veteran high ranking NATO advisor. The wide-ranging plan’s core component was “destruction of the bridge over the Kerch Strait.”
Documents and correspondence plotting the operation were provided to The Grayzone by an anonymous source.
The truck bombing of the Kerch Bridge differed operationally from the plot sketched therein. Yet, Britain’s evident interest in planning such an attack underscores the deep involvement of NATO powers in the Ukraine proxy war. At almost precisely the time that London reportedly sabotaged peace talks between Kiev and Moscow in April this year, British military intelligence operatives were drawing up blueprints to destroy a major Russian bridge crossed by thousands of civilians per day.
EU’s subtle warning to EU nations against aiding Ukraine [4:13] tfiglobal
US
Government waste: HHS spends $8M to research free diaper distribution By Mary Lou Lang
The grant is for pilot program to evaluate how nonprofits and other agencies can provide free diapers to low-income families on a consistent basis.
The Golden Horseshoe is a weekly designation from Just the News intended to highlight egregious examples of wasteful taxpayer spending by the government. The award is named for the horseshoe-shaped toilet seats for military airplanes that cost the Pentagon a whopping $640 each back in the 1980s.
This week’s Golden Horseshoe is awarded to the Department of Health and Human Services for an $8 million grant to evaluate whether certain organizations are capable of distributing diapers consistently to low-income families.
Thousands of federal officials own stock in regulated companies: WSJ By Federal Times staff
Pentagon officials owned stock in aerospace, defense companies, report says
WASHINGTON — Thousands of federal government officials across the executive branch reported owning or trading stocks that stood to rise or fall with decisions made by their agencies, a Wall Street Journal investigation found.
More than 2,600 officials at agencies from the Commerce Department to the Treasury Department, during both Republican and Democratic administrations, disclosed stock investments in companies that were lobbying their agencies for favorable policies. That amounts to more than one in five senior federal employees across 50 federal agencies reviewed by the Journal, is said in an article published Oct. 11.
An official at the Environmental Protection Agency reported purchases of oil and gas stocks. The Food and Drug Administration improperly let an official own dozens of food and drug stocks on its “no-buy” list. A Defense Department official bought stock in a company before it won new business from the Pentagon, according to the report.
Federal Regulatory Corruption By Jacob G. Hornberger
When America’s free-market system got converted to a welfare-state, regulated-economy system, the idea was that the federal government would operate as a parent taking care of his adult-children. The free market system — that is, a system free of government control and regulation — was considered to be too dangerous for American child-adults. Federal regulators would keep them safe and secure.
Needless to say, these federal regulators aren’t willing to work for free. They demand and receive very generous salaries, all of which are paid out of income taxes that are forcibly collected from the American people by the IRS, one of the most feared and powerful agencies in U.S. history.
And now, thanks to an article that just appeared in the Wall Street Journal, we learn that large numbers of federal bureaucrats are adding to their income by investing in companies that their agencies regulate. How’s that for a very severe case of federal corruption? Why do the name Martha Stewart and the term “hypocrisy” come to mind?
According to the Journal’s article, which is entitled “Federal Officials Trade Stock in Companies Their Agencies Oversee,” “Hidden records show thousands of senior executive branch employees owned shares of companies whose fates were directly affected by their employers’ actions, a Wall Street Journal investigation found.” The article states:
More than 2,600 officials at agencies from the Commerce Department to the Treasury Department, during both Republican and Democratic administrations, disclosed stock investments in companies while those same companies were lobbying their agencies for favorable policies. That amounts to more than one in five senior federal employees across 50 federal agencies reviewed by the Journal.
So, not only are these regulatory bureaucrats eating out our substance with their tens of thousands of rules and regulations and taxation, they are also financially profiting from their regulatory corruption.
WORLD ECONOMIC FORUM (WEF) / NEW WORLD ORDER