Today is the first day of the Democratic National Convention with keynote speakers being that of Senator Bernie Sanders, and former First Lady, Michelle Obama. Also notable, from the standpoint of at least attempting to show unity, was a message from Republican and former US Congressman and former Governor of Ohio, John Kasich. How effective all of their remarks were will be determined in November. The biggest common thread throughout tonight’s performance was that of the contrasting characteristics between Joe Biden and Donald Trump. On the one hand the speakers from this evening made it about Biden’s empathy and strong character against Trump’s lack of empathy and character – in their opinions. While this may prove effective if the Biden campaign can stick to this message, neither the DNC or the RNC will discuss or highlight the core structural issues at play.
It will be this “convenient” absence of serious discussion pertaining to the structural issues of this country that proves the DNC and RNC are only simply concerned with their side winning. They will not discuss what the proper role of government ought to be. They will not call for the abolishing of the income tax and the Federal Reserve System. They will not call for a massive down-sizing of government. They will not discuss the devastating effects of the coming inflation and stagflation and even perhaps hyperinflation, which they have set into motion. They will not discuss the out of control government and its spending habits and along with it the multi-trillion dollar deficit(s), and national debt. They will not discuss the unsustainable path of our welfare state. No, no. They will simply make this about character and higher taxes versus lower taxes versus extreme right and left political views. And make no mistake about it, no matter what either party tells you, your taxes are going up. They’re going up at the Federal level either through direct taxation and/or inflation, and they will be going up through direct taxation at the state and local levels. There are massive shortfalls due to mismanagement and COVID-19. These shortfalls will be made up or at least state and local governments will attempt to bridge them. So remember, higher taxes (direct and inflation) are coming as are higher costs of living, lower standards of living, and if you’re on a fixed income or receiving government benefits, those are likely to be diminished as well. But go ahead and pay attention to the three-ringed circus that the DNC and RNC are going to put on for us. And then go ahead and vote for one of these two jokers at the top of the ticket. And then hope that the real issues are addressed. But don’t be surprised in another election-cycle that you’re back to square one arguing the same points then as you are today. So I say to you, please remain focused on the key structural issues and do not endorse this two-party system with your vote – they haven’t earned it and they do not deserve it. Stay diversified, stay vigilant, and stay with The Kapital News. #DNC #Economy #2020 #BananaRepublic #Economy #Gold #Silver #Inflation #Debt #Jobs #Recession #Depression #Protests #EndTheFed