X22 Report

Harley Schlanger is historian and national spokesman, he has been covering the financial industry since the 80s, you can now follow Harley at The LaRouche Organization. Dr. Rainer Rothfuss, studied geography and geopolitics, elected to the   (German Parliament) in 2023, serves on various foreign policy committees in parliament. The conversations begins with Dr Rothfuss explaining how everything is changing in Germany and in Europe. The conversation moves into the economy and Harley brings us up to date on which direction the economy is heading. The movement has begun across the world, the people are taking back control.

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Click On Picture To See Larger PictureTrump threatens Canada and Mexico, they are panicking because they realize that Trump has the leverage, Canada could lead to laying off 50% of manufactures. Trump need the debt ceiling raised to put his plan in motion. To cut taxes the gov reports cutting taxes as spending. All the pieces are coming together. The [DS] is trying keep their 1500 page CR bill. They need the coverup and they need the traps for Trump, plus they need the money laundering to payoff certain groups. Trump trapped the D's in all of this. This was about keeping the Gov open, the 1500 pages have nothing to do with that, the [DS] is exposed. The [DS] is making a move to remove Biden and to make Kamala the Acting President. Remember their plan, keep Trump from getting into office and make Kamala the President. Big fail, playbook known, final stage.

 

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Economy

50% Of Canadian Manufacturers Considering Layoffs If Trump Tariffs Enacted

Nearly half of Canadian manufacturers may freeze hiring or lay off workers if U.S. President-elect Donald Trump imposes 25 percent tariffs on all Canadian goods.

A survey of 300 manufacturers found that 48 percent are considering these moves in response to the proposed tariffs, according to data released Dec. 19 by Canadian Manufacturers and Exporters (CME).

Additionally, 46 percent are considering postponing or cancelling planned capital investments, while 49 percent say they may shift some production to the U.S. if the tariffs are implemented.

“Tariffs will endanger nearly $600 billion in exports to our largest trading partner, two-thirds of which are manufactured goods,” CME president and CEO Dennis Darby said in a press release.

“These findings show why we need an urgent and coordinated response from governments to protect manufacturing businesses, workers, and families.”

 

Source: zerohedge.com

Biden cancels $4.28 billion in student debt for 55,000 public service workers 

President Joe Biden canceled $4.28 billion in federal student loan debt for another 55,000 public service workers amid complaints from Democrats that he is squandering the last month of his administration.

Biden’s action, through more reforms to the Public Service Loan Forgiveness program, means he has canceled almost $180 billion for 4.9 million federal borrowers since the start of his presidency in 2021.“The public servants approved for debt cancellation today include teachers, nurses, service members, law enforcement officials, and other public service workers who have dedicated their lives to giving back to their communities and who are finally earning the relief they are entitled to under the law,”

Source: washingtonexaminer.com

The Biden Economy: 43 Million Americans Out of Workforce, Migrants Take All Net Job Growth

Tens of millions of native-born Americans are out of the labor market as foreign-born workers account for all net job growth over the last year, new analysis details.

The analysis from the Center for Immigration Studies (CIS) tracks the decline in labor force participation among native-born Americans from 1960 to 2024 — an alarming trend that has coincided with skyrocketing immigration levels.

“Relying on immigrant workers has allowed our country to ignore the decades-long decline in labor force participation,” CIS Director of Research Steven Camarota said:

 

Center for Immigration Studies

 

Source: breitbart.com

https://twitter.

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Click On Picture To See Larger PictureThe [DS]/[CB] created a system that enslaves the people and keeps them in fear of government shutdown. People are not falling for it anymore. The [CB] system is exposed. The Fed cannot own gold or Bitcoin. Trump wants to get rid of the debt ceiling, when was the debt ceiling put into place, right after the Fed was created. The [DS] time is almost up, the patriots are in control and the [DS] is struggling to keep their system intact. They will push everything they have to stop Trump, something big is coming. Elon Musk says the quiet part out loud, they we need to remove the corrupt or nothing will change. He said it had to be this way. Sometimes you must show the people the truth, the people must see it so we can fight, fight, fight to keep the country.

 

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Economy

https://twitter.com/RepAndyBiggsAZ/status/1869747690449596504

https://twitter.com/elonmusk/status/1869792804647645416

https://twitter.com/KobeissiLetter/status/1869460638164201865

https://twitter.com/JonErlichman/status/1869580601097171035

https://twitter.com/disclosetv/status/1869498415316607196

 

https://twitter.com/disclosetv/status/1869475920534462962

The Federal Reserve's ability to own gold and Bitcoin is guided by specific legal frameworks and historical practices:

Gold:

The Federal Reserve does not own gold. Since the Gold Reserve Act of 1934, the Federal Reserve has been required to transfer all its gold to the U.S. Department of the Treasury. In exchange, it received gold certificates, which are not redeemable for actual gold but represent the gold held by the Treasury at a statutory price. The Federal Reserve Bank of New York acts as a custodian for gold owned by various entities, including the U.S. government, but does not own this gold itself. Thus, the Federal Reserve cannot own gold directly but can hold gold certificates as part of its balance sheet.

Bitcoin:

The Federal Reserve is not legally allowed to own Bitcoin or any other cryptocurrency directly. This aligns with the broader regulatory stance that the Federal Reserve, as a central bank, focuses on monetary policy and the stability of the U.S. dollar, not on holding speculative or digital assets like cryptocurrencies. However, there have been discussions and proposals, particularly from some political figures, suggesting the establishment of a "Strategic Bitcoin Reserve" where Bitcoin would be purchased by the Treasury or another governmental entity, not directly by the Federal Reserve. These proposals often aim to treat Bitcoin similarly to strategic reserves of other commodities like gold or oil, but they would not involve the Federal Reserve owning Bitcoin.

https://twitter.com/BitcoinMagazine/status/1869504734882934852

https://twitter.com/TheBTCTherapist/status/1869507247526793481

 

https://twitter.com/disclosetv/status/1869754948516446307

Yes, Donald Trump did advocate for getting rid of the debt ceiling. In a phone interview with NBC News on December 19, 2024, Trump stated that getting rid of the debt ceiling entirely would be the "smartest thing [Congress] could do" and that he would support that entirely.

Its called the debt ceiling for a reason, when we go back to sound money can the corrupt just borrow, no. If they cannot borrow do we need a debt ceiling. nO

The concept of the debt ceiling in the United States was created with the passage of the Second Liberty Bond Act of 1917. This act was signed into law by President Woodrow Wilson on September 24, 1917.

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Click On Picture To See Larger PictureThe [DS][CB] are trying to coverup their crimes and push more money laundering. The people see it and are rejecting it. Congress with a very low approval rating decided to give themselves a massive raise while people are struggling in the economy they created that is imploding. Trump is going to use the leverage against the [CB]. The [DS] is trying to protect their criminal syndicate and cover up their crimes. They buried many riders within this massive bill. The people see what they are doing and this is the opposite of what the people wanted. The [DS] firewall will not work. Trump has prepared the Road to 47 playbook to counter the [DS]. This newsletter will bypass the fake news and the corrupt politicians. The clock is ticking down.

 

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Economy

 

https://twitter.com/MarioNawfal/status/1869468690808438890

  public subsidies, yet Congress is giving them a prime site for billionaire owners to cash in—without asking taxpayers. Lawmakers are calling it “economic development,” but let’s be honest: it’s a taxpayer-funded playground for NFL elites, lobbyists, and VIPs, while schools, healthcare, and infrastructure are left on the bench. Stuffed into a must-pass bill, there’s little time for oversight—or for taxpayers to question why their money is being leveraged for luxury suites and skyboxes.

https://twitter.com/elonmusk/status/1869414233483698402

https://twitter.com/KobeissiLetter/status/1869126254336541155

 inflation periods ended, the index traded flat on average. The only exceptions where the market rallied were a soft landing in the late 1990s and late 1960s. By comparison, the average gain for all other months has been 0.65%. Inflation is taking the spotlight again.

Biden Lied About Everything: Philly Fed Finds All Jobs "Created" In Q2 Were Fake

 Biden Bureau of Labor Statistics would revise jobs for the April 2023-March 2024 period by "up to 1 million", something which we said would mean that all job report "beats" recorded in the past year will have been misses and the US labor market is in far worse shape than the admin would admit.

The final results, as everyone knows by now, was a shocking 818K revision lower, just as the Philadelphia Fed had  

  the Biden admin lie again, but the collapse in the labor market that had been covered up for much of the past year and was only exposed with the annual benchmark revision, extended into the second quarter.

"Estimates by the Federal Reserve Bank of Philadelphia indicate that the employment changes from March through June 2024 were significantly different" - read lower - "in 27 states compared with preliminary state estimates from the Bureau of Labor Statistics’ (BLS) Current Employment Statistics (CES)", the Philly Fed said on December 12.

"According to the early benchmark (EB) estimates conducted by the Phily Fed, employment was lower in 25 states, higher in two states, and lesser changes in the remaining 23 states and the District of Columbia."

Translation: 23 states unchanged, 1 revised higher...  and 25 lower.

By state, the regional Fed bank estimates that largest revision of employment for the nine-month period ended in June will come from California, where it sees a downward revision of 172,700 jobs. Payrolls in Texas may be revised down by 112,100. An extended forecast by the BLS to the third quarter show further declines as well.

Translation: in his latest attempt to create an impression of economic growth, Biden lied about everything, again.

Source: zerohedge.

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Click On Picture To See Larger PictureThe [CB][WEF] have lost their agenda, the people are now pushing back and the green new scam is dead. The economy is still imploding and its accelerating, the Fed is now talking about slowing the rate cuts or even stopping them, which means they hit their target to tip the economy over the edge. Trump brings in investment to push the golden age. The [DS] is now planning to scare the people and they want control. We are in an information war, the [DS] is using the drones as a scare event and the patriots are tracking what the [DS] is about to do. The patriots are going to use the event to push the mission of rounding some of the [DS] players up. People will be told to stay indoors. The patriots will be control of the operation even though most will believe its a real event.

 

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Economy

https://twitter.com/disclosetv/status/1868974826402333070

https://twitter.com/KobeissiLetter/status/1868776661019144347

  into perspective, at the 2006 housing bubble peak this difference was ~$10,000, or 2.6x less. The gap between income needed to buy a home and annual income has never been larger. Housing affordability is a crisis.

https://twitter.com/KobeissiLetter/status/1868718439940145203

  last month. Interest costs came in at $80 BILLION or higher in 9 out of 11 months this year, a trend that has never occurred before. The worst part? Interest payments are set to reach as high as $150 billion in December, a new monthly record. Truly concerning

.

Political/Rights

https://twitter.com/charliekirk11/status/1868782289003724958

  and dropping their citizens offshore in a rowboat. America isn't a dumping ground for whatever the rest of the planet doesn't want.

To any country not taking back their illegal aliens, Trump promises “harsh” economic sanctions to force them to do so

Geopolitical/Police State

Andy Ngo 

https://twitter.com/MrAndyNgo/status/1868783660952133874

Breaking: I can report that the deceased mass shooter at Abundant Life Christian School in Madison, Wisc. is a 15-year-old girl named Natalie Lynn Rupnow. She carried out the mass shooting in the school library, according to a source. She did not identify as trans. The teen girl used the name "Sam" online and the username "crossixir." She had an extensive online obsession with school shooters and death, particularly the 1999 Columbine High School shooting. Rupnow was a big fan of the KMFDM rock band, which was also referenced by one of the Columbine shooters. (She often wore the shirt of the band.) Rupnow's online friends identified the X account, which purported to belong to the shooter, soon after news broke of the shooting. The account's last post is of an "okay" hand symbol in the school's bathroom by the library minutes before the shooting.

https://twitter.com/PierreKory/status/1868737438296031266

 

https://twitter.com/PierreKory/status/1868746034572411225

https://twitter.com/DonaldJTrumpJr/status/1868979594604499249

 

 

https://twitter.com/charliekirk11/status/1868819983478014355

War

Assad Breaks Silence From Moscow, Denies 'Planned' Syria Departure

Syria’s toppled leader Bashar al-Assad has made a statement for the first time since fleeing Syria after jihadist groups led by US-designated terror organization Hayat Tahrir al-Sham (HTS) took over the country and the army peeled away without a fight.

The statement was posted Monday to the Syrian Presidency's Telegram account; however,

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Click On Picture To See Larger Picture

Climate cartel manager colluded to take over the board of big energy companies. Macy's is closing 150 stores. It is the 20th anniversary of Newsome solving the homeless crisis which never happened. Trump's message, the golden age has already begun. The [DS] is panicking over Trump's nominees especially Kash Patel. They know that he will produce all the crimes they have committed. The [DS] is using the drone narrative to push fear and to push a new law. Trump sent a message about the drones and it's becoming clearer and clearer of what is going on. The drones are used for monitoring and the [DS] is using it to their advantage. Scavino lets us know the end is near for the [DS].

 

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Economy

https://twitter.com/SteveGuest/status/1867615175563530644

  initiatives to replace the ExxonMobil Corporation's board members after they refused to make a series of climate pledges."

Macy’s to Close 150 Locations After Sales, Shares Drop

Macy’s, the leading department store chain in the United States, is set to shutter 65 locations by the end of 2024 and 150 locations total over the next three years.

Once the 150 stores are closed by 2028, Macy’s will have just 350 — down from the 1,100 it had in 2008, according to the Daily Mail. 

Source: breitbart.com

https://twitter.com/larryelder/status/1867837246076047408

 

U.S. Manufacturing Sector Slashed 26,000 Jobs in November as Industry Woes Persist 

The U.S. manufacturing industry shed 26,000 jobs in November, following a loss of 19,000 jobs in October

Private employers added 146,000 jobs in November, falling short of analysts’ expectations of 150,000, with goods-producing industries showing only a 6,000-job gain.

Source:  economiccollapse.report 

https://twitter.com/KobeissiLetter/status/1867956675342385288

https://twitter.com/KobeissiLetter/status/1867956679582925018

https://twitter.com/KobeissiLetter/status/1867956684175602113

https://twitter.com/TheRabbitHole84/status/1868183182874693644

 

Political/Rights

Background: The case stemmed from a March 10, 2024, interview on ABC's "This Week" where Stephanopoulos interviewed Representative Nancy Mace. During this interview, Stephanopoulos repeatedly claimed that Donald Trump had been "found liable for rape" in reference to a civil lawsuit brought by writer E. Jean Carroll.

E. Jean Carroll Case: In this lawsuit, a jury found Trump liable for sexually abusing Carroll and for defamation but not specifically for rape under New York law. However, the judge later clarified that the jury's finding meant Trump had "raped" Carroll in the common understanding of the term, although not under the narrow legal definition used in New York law.

Trump's Lawsuit: Trump alleged that Stephanopoulos's repeated statements that he was found liable for rape were false, intentional, malicious, and designed to harm his reputation. Trump filed the lawsuit in federal court in the Southern District of Florida, claiming defamation.

Court Decisions:

In July 2024, a federal judge denied ABC News's motion to dismiss the lawsuit, allowing it to proceed.

ABC and George Stephanopoulos Agree to Apologize to President Trump and Fund $15 Million for Trump Presidential Library

Facing depositions and the strong possibility of an embarrassment in court, ABC and George Stephanopoulos have agreed to apologize to President Trump and donate $15,000,000.00 to the President Trump library to settle a defamation lawsui...

Devin Nunes is the CEO of the Trump Media & Technology Group (TMTG). Devin begins the conversation talking about Truth Social on how they launched their streaming service. The new streaming service will allow content creators to have a home when they are removed from other platforms. Devin has stopped the [DS] from manipulating the stock and now the stock is rising. Devin says that Kash is a good pick for FBI and we will bring accountability. Devin then transitions the conversation into his wine that he produces. In the end we will celebrate the destruction of the [DS] with wine.

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Click On Picture To See Larger PictureThe [DS] /[CB] is imploding and the [CB] is trying to keep it from crashing, not because they want the economy to thrive because they war waiting for Trump to take office. Florida looking into gold to counter the fiat currency. The fake news pushing the narrative that Trump's policies will cause the economy to crash. The [DS] is now pushing a multi level plan that consists of riots, plandemic, solar flares, drone warfare and war.  The drones are most likely US based and they are using them for tracking. The [DS] will use this to push fear into the public. Raskin is now demanding Trump use the FBI for background checks. The [DS] is panicking, they are not in control.

 

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Economy

https://twitter.com/KobeissiLetter/status/1867589390752522681

 vacancies are 5% below pre-pandemic levels. This is in contrast to October US job openings reported by the BLS which have declined 34% since February 2022 and are ~8% above the pre-pandemic. However, data provided by Indeed is more current than the BLS-provided series, which suggests US job openings will continue to fall in the coming months. The labor market is set for more weakness.

https://twitter.com/KobeissiLetter/status/1867280198045249637

  and significantly above the World War 2 levels. The worst part? Current projections assume lower interest rates and no recessions over the next decade. In Q3 2024, annualized net interest costs reached a record $1.12 trillion. What happens if a recession hits?

https://twitter.com/DOGE/status/1867347161886994485

 

New report: Taxpayers subsidize swanky country club memberships for World Bank and International Monetary Fund staffers in D.C.

According to an exclusive report from the New York Post yesterday,

Staffers at the International Monetary Fund and the World Bank raking in six-figure, tax-free salaries at both global bodies qualify for free memberships at the Bretton Woods Recreation Center in Maryland, according to documents obtained by The Post.

 

Stiff initiation fees at the IMF-owned course — which range from $12,000 to $20,000 — are automatically waived for all employees on the payroll of the two institutions, according to the documents, which are not in the public domain.

Now, how are those membership fees effectively subsidized? Well, the U.S. taxpayer has “financial commitments” to the World Bank and the IMF numbering into the hundreds of billions, and American tax dollars (and debt) remain the top “contributor” to both institutions. Here’s this, from a Congressional Research Service report released in May of this year:

 

And, from a CRS report released in 2022 on the IMF’s financial structure:

The United States contributes $117 billion to the IMF quota (17.46%). In addition, the United States has contributed $44 billion to funds at the IMF that supplement quota resources.

 

Source: americanthinker.com

 

https://twitter.com/KobeissiLetter/status/1867361922255139235

  markets. They shouldn’t be looking for every last penny knowing how many families are hurt. They’ve got record profits, and I’d rather these foreign companies spend it on the great men and women on our docks, than machinery, which is expensive, and which will constantly have to be replaced. In the end, there’s no gain for them, and I hope that they will understand how important an issue this is for me. For the great privilege of accessing our markets, these foreign companies should hire our incredible American Workers, instead of laying them off,

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Click On Picture To See Larger PictureCanada's economy is falling apart and since Trump mentioned tariffs the Canadian central bank reversed course and raised rates. ECB continues to cut rates. Inflation is on the rise. Fake news puts out fake story that Trump can't lower prices. Trump lets everyone know that the market might dip. The [DS] are trying everything to change the news cycle and push fear onto the people. The [DS] is using information to make people believe we are being probed or invaded via the drones. Another hoax trying to get the country into war. The [DS is trapped, if Biden pardons them this will not help, the result will be the same. Trump is the Time person of the year and he rang the bell at the stock exchange. Letting the people know that they are free.

 

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Economy

https://twitter.com/KobeissiLetter/status/1866922919101862058

  percentage points to 13.9%, the third-highest since June 2021. Such a rapid rise in unemployment has never occurred outside of recessions. Meanwhile, the Bank of Canada is expected to cut rates by 50 basis points on Wednesday, marking the 5th reduction this year. Has Canada fallen into a recession?

Trump Trolls Trudeau – Bank of Canada Takes Note

US-Canada relations under the Trump Administration are beginning on tumultuous footing. Trump has promised to slap Canada with 25% tariffs on ALL imports if it fails to curb illegal immigration and drug trade from the northern border. Trudeau is now threatening to retaliate with tariffs of his own. The Bank of Canada has factored in these threats in its most recent decision to raise rates by 50 bps to 3.25%.

Bank of Canada Governor Tiff Macklem said that the new US administration presents “a major new uncertainty.” The markets had already priced in rate cuts ahead of the tariff threats, especially as inflation has allegedly reached the 2% target.

Source: amerstrongeconomic.com

https://twitter.com/KobeissiLetter/status/1867202075102204303

 today's 3.0% PPI inflation print, PPI inflation is now at its highest level since February 2023. CPI, PPI, and PCE inflation are all officially back on the rise in the United States. What is happening here?

https://twitter.com/KobeissiLetter/status/1866866969351426437

  7. Food Away From Home Inflation: 3.6%

8. Electricity Inflation: 3.1% Headline CPI inflation is at a 4-month high and Core CPI has been 3.3% for 3-straight months. The Fed is cutting rates while inflation has leveled off well above their 2% target.

Is another wave of inflation coming in 2025?

https://twitter.com/alexbruesewitz/status/1867259583192084578

 instead of reporting fairly and accurately. Fortunately, their audience is diminishing daily. Below is what Trump ACTUALLY said:

Janet Yellen "Sorry" After Presiding Over $15 Trillion Increase In US Debt

  Yellen  expressed regret over failing to make more progress in narrowing the fiscal deficit during her tenure.

“I am concerned about fiscal sustainability and I am sorry that we haven’t made more progress,” she said adding that “I believe that the deficit needs to be brought down especially now that we’re in an environment of higher interest rates.”

This is really funny for two reasons.

First, it was under Yellen's watch that the US experienced its biggest debt increase in history. As shown below, Yellen was Fed chair from Oct 2010 until Feb 2014, and then Fed Chair from Feb 2014 until Feb 2018, a period during which she intentionally kept rates at zero for almost the entire duration of h...

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Click On Picture To See Larger PictureThe entire agenda of the [DS]/[CB] is done, they can try to push it, but in the end the people are awake and the see the truth. The people are now seeing the fraud that government commits and the money they launder. Argentina will establish free trade with the US. Biden says the quiet part out loud on what they are planning to do to the economy when Trump gets into office. Trump offers companies a huge incentive. The countdown until Trump gets in office continues. The [DS] is planning some type of event. The [DS] is using a multi level plan to stop Trump from entering office or they will try to create so much chaos while he is in office that he cannot get anything done. Trump sends a message and all of this will not work, operators are standing by.

 

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Economy

Has Trump Already Solved Global Warming? 

  three months ago, the World Economic Forum eagerly mentioned a study that predicted that a “total collapse” of Greenland’s ice sheet “could happen by 2025.” Last year, a Washington Post scare-’em-all headline declared “Greenland glacier’s rapid melting may signal faster sea level rise.” In another of the many examples we could cite, AZoCleantech.com has claimed that Greenland’s changing landscape signals a global threat.

A map in Newsweek that purports to show which U.S. cities could be underwater in 2050 due to rising sea levels includes “the same cities that were supposed to be under water by 2000 and 2020.” — Derek Hunter

A “massive coverup” by United Kingdom’s Met Office has been set in motion “to hide its 103 non-existent temperature measuring stations.” — Watts Up With That?

“Despite record emissions, record atmospheric carbon dioxide and 90 years of urban heat island effect, the summer of 2024 was cooler than the summer of 1934 in the U.S., where we have the best temperature records. If every emission causes warming and drives more warming, how can any part of summer 2024 be cooler than summer 1934?” — Steve Milloy, Junk Science

And from the Heartland Institute’s Climate Realism project:

“Check Your Facts, PBS News, Climate Change Has Played No Role in Northeastern Wildfires.”

“Global Warming is Not Making Record Typhoons, South China Morning Post.”

‘No, Atlanta News First, Climate Change is Not Threatening the ‘Way of Life’ of Georgia Farmers.”

“The Guardian is Flat Wrong About Blaming Climate for Extreme Weather.”

“Despite Media Panic, There Is No Reason to Think 2024’s Warming Is Disastrous.”

“Facts show that weather disasters aren’t increasing amid climate change, nor has farm production declined.”

Source:  issuesinsights.com 

https://twitter.com/BreannaMorello/status/1866250411356598497

 —the funds were allocated to help him. We should be calling for the DeBlasio’s to be investigated. It’s worth noting the DeBlasio’s are separated—not divorced. They announced this after Bill’s term was up. Why aren’t they officially divorced? Possibly to avoid having to testify against one another?

https://twitter.com/RepMTG/status/1866540780631830623

 wasting taxpayer dollars! Government efficiency is coming to Washington!!

https://twitter.com/MailOnline/status/1866619303023280332?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1866619303023280332%7Ctwgr%5Ed43330c531a3a405b54d56ae7156ce97fffe966f%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fredstate.com%2Fwardclark%2F2024%2F12%2F10%2Fpostmaster-general-has-meltdown-throws-tantrum-in-congressional-hearing-n2183044

 

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