USA - As the economy slows while inflation and interest rates rise, nearly 90 million adults are struggling financially to provide for their families in Joe Biden's America, according to new US Census data. The Census Bureau's latest Household Pulse Survey showed that 89.1 million people reported it was somewhat or very difficult to pay for usual home expenses between April 26 and May 8 of this year.
USA - Precious metals expert and financial writer Bill Holter is looking at what is going on with the financial system and says there is not really an effort to save it. Holter thinks the moves they are making are designed to take the financial system down, and along with it, they want America destroyed too. Even though the overall economy is clearly sinking, JP Morgan Chase CEO Jamie Dimon is calling for much higher interest rates. Holter explains, “If you were looking at this with common sense, you would think the hiking of interest rates are done.
USA - Franklin Graham has warned America about the “coming storm” headed its way. Churches and ministries are in the crosshairs. The Christian Post reported that Graham, who serves as president of the Billy Graham Evangelistic Association and head of Samaritan’s Purse, sounded the alarm during a keynote speech Monday evening at the National Religious Broadcasters convention in Orlando, Florida.
USA - House Speaker Kevin McCarthy (Republican for California) slammed President Joe Biden amid debt ceiling negotiations and accused the president of preferring the United States default on its debts rather than cut federal spending. “President Biden doesn’t think there is a single dollar of savings to be found in the federal government’s budget,” McCarthy tweeted Saturday evening. “He’d rather be the first president in history to default on the debt than to risk upsetting the radical socialists who are calling the shots for Democrats right now.” Treasury Secretary Janet Yellen has warned that the US will hit its debt limit as early as June 1.
USA - Fox News quietly enforces woke pro-transgender workplace policies on its employees, even while it poses as a critical source of news about transgenderism, says a report at the Daily Signal. The May 22 report cites the company’s handbook for employees, saying that “transgender” rights require that all other employees accept sex-switching claims without any “transphobic” disagreement, complaints, or appeals to science:
USA - Have you “seen the light” yet? As Christianity has declined in the United States, other faiths have moved quickly to fill the void. In previous articles, I have written about the explosive growth that witchcraft and Satanism have both experienced in recent years. But Christianity’s main rival in the US is neither one of them. Today, “woke” ideology and the backlash to it are constantly in the news. Our politicians are defined by their adherence to it, virtually all of our corporations are very careful to show public submission to it, many of our entertainers have become rabid proponents for it, and our public schools are being transformed into indoctrination centers for the cause.
USA - The woke Target Corporation has partnered for its new Pride clothing line with UK-based designer Abprallen, which insists “Satan loves you” and “Satan respects pronouns.” Among other items in its Pride line, the mega retailer carries Abprallen’s “Cure Transphobia” sweatshirt, which bears the message “Cure transphobia, not trans people.”
USA - Have you noticed that Democrats and the Left at large are increasingly brazen in their attempt to trample on all parental rights and authority? For example, White House Press Secretary Karine Jean-Pierre made the bold claim last Saturday night that states which have banned sex-denial surgery and other gender-rejection care require an all-hands-on-deck response.
USA - From Prescott, Arkansas comes a story about controversy over prayer and the Holy Bible. Preschoolers were seen praying over their food with teachers in the cafeteria. And fifth and sixth graders were highlighted in a social media post after they were given Bibles by a local charity. “This is a sight that should make anyone happy! It sure does us! Our 5th and 6th grade students received New Testament Bibles today and were reading them at lunch and even on the bus this afternoon,” read a message on the school district’s Facebook page. “God is so good!”
USA - A violent mob of 400 Chicago teenagers shut down the Armed Forces Carnival in the Tinley Park suburb Saturday, Fox News reports. After the teens fought with each other, organizers were forced to cancel the event. Town officials said the teens responded to a call on social media to “cause chaos and disrupt the event.”
USA - It appears that the Biden Administration is abandoning their rhetoric that “the banking system is fine.” CNN reported today that Treasury Secretary Janet Yellen met with CEOs of large banks yesterday and told them that “more bank mergers may be necessary.” As ZeroHedge News reported today, reports show that $billions of losses in deposits at US banks have occurred in the past two weeks, with over $70 billion lost in large US Commercial Banks. The entire stock market is now being held up by a few Big Tech companies, and each day I am reading new reports about just how disastrous this could be, because Big Tech is mostly just moving money around right now and trying to buy in on the AI fad. For example, think about the $10 billion deal that Microsoft paid to OpenAI to start using ChatGPT. $10 billion went on to the books of OpenAI as a gain, but on Microsoft’s books it was entered as a loss. For the US economy, that is a net zero until Microsoft starts turning a profit...
USA - Analyst and financial writer John Rubino says this time, the so-called debt ceiling fight could end in a systemic failure. Rubino points out, “In a well-run society, the debt limit would be zero. Governments should not borrow money in the first place. The amount of money we are borrowing is catastrophic. Historians are going to look back at this era, and they are just going to wonder why we allowed it to happen and what were we thinking. We are destroying the global financial system by allowing governments to borrow this much money. The debt limit thing is being called a crisis, and if they let it go too far, it will be a crisis.
EUROPE - The European bloc needs to outcompete Beijing’s Belt and Road Initiative, the EU Commission president has said. The EU needs to offer a real alternative to China’s economic projects for the countries of the Global South, European Commission President Ursula von der Leyen said on Saturday. The EU and likeminded nations must use the current “window of opportunity,” as “many countries of the Global South are looking for alternative funding options,” she said at the G7 summit in Hiroshima, Japan. Von der Leyen claimed that China’s Belt and Road Initiative – a global infrastructure investment strategy unveiled ten years ago – has been losing its appeal because many countries have had “bad experiences with China.” “They took Chinese loans and ended up in a debt crisis,” she stated, adding that the EU and the G7 must fill the void.
UNITED NATIONS - UN Secretary-General Antonio Guterres has called on the G7 nations to refrain from dividing the world into Cold War-style blocs aligned with either the US or China. The Western leaders, meanwhile, made Russia and China the focus of a joint statement on nuclear weapons. Speaking to Japan’s Kyodo News as the leaders of Canada, France, Germany, Italy, Japan, the UK, and the US met in Hiroshima on Saturday, Guterres called for “active dialogue and cooperation” between the G7 nations and China on matters of climate change and development. “I believe it is very important to avoid the division of the world into two, and it’s very important to create bridges for serious negotiation,” he said.
USA - Only half of Americans now say they are sure God exists. That finding, from the closely watched General Social Survey, stands out among several nuggets of new data about religion in America. Not quite 50 percent of Americans say they have no doubt about the existence of God, according to the 2022 survey, released Wednesday by NORC, the University of Chicago research organization. As recently as 2008, the share of sure-believers topped 60 percent. Thirty-four percent of Americans never go to church, NORC found, the highest figure recorded in five decades of surveys.
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The views expressed in this section are not our own, unless specifically stated, but are provided to highlight what may prove to be prophetically relevant material appearing in the media.