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Food for Thought..

Whoever controls the volume of money in our country is absolute master of all industry and commerce...

And when you realize that the entire system is very easily controlled, one way or another, by a few powerful men at the top, you will not have to be told how periods of inflation and depression originate.

James A Garfield, 20th President
Assassinated, 1881

 
ACCESS Guard My Credit File News
American Investors Need to Run From Chinese Companies
Personal Finances

July 31, 2021 - Earlier this month we warned our readers of the perils of  investing in Chinese stocks traded on American stock exchanges. China had allowed a rideshare company by the name of DiDi to start trading in the United States only to bring a regulatory crackdown on it within a few days. The result was what amounts to the theft of billions of dollars by China from American investors. Then a few days ago, the Chinese government... meaning the Chinese Communist Party... took another swing at investors. This time by going after companies involved in tutoring. It's very clear that China intends to change the way that companies do business in mainland China. And that means American investors are playing with fire if they purchase Chinese stocks.

Read more...
 
Aerial Surveillance Without a Search Warrant is Unconstitutional - US 4th Circuit Court of Appeals
In The News

July 30, 2021 - The City of Baltimore, MD has become a cesspool of criminal activity. That's a fact that isn't disputed by anyone. So it shouldn't be a big surprise that the city would want to do something to stop crime. To that end, they secretly launched something called the Aerial Investigations Research program; commonly referred to as AIRs. It was a program that surveilled the movements of just about everyone in the city during daylight hours. But as with anything secret, news can leak out. In this case it did, and that promptly brought about lawsuits to challenge it.

Read more...
 
CDC Eviction Moratorium Illegal - Ruling by US 6th Circuit Court of Appeals
Federal Issues

July 23, 2021 - Last year the Centers for Disease Control (CDC) issued a moratorium on rental evictions. The CDC reasoned that because millions of people had lost their jobs due to COVID19 lockdowns, many of them wouldn't be able to pay their rent. If these people became homeless, or had to move around a lot, they could potentially make the spread of the virus worse. A moratorium could prevent that. But according to the court, they didn't have the legal authority to issue such a rule.

Read more...
 
California Sending Out More Stimulus Money
State Issues

July 19, 2021 - The State of California is now releasing stimulus payments to residents of the state. The payments will be made automatically to millions of households who have filed 2020 tax returns with the state.

Read more...
 
IRS Begins Sending Out Child Tax Credit Payments This Week
Federal Issues

July 16, 2021 - The IRS has begun to send out monthly child tax credit payments to parents of minor children. The payments are a result of the COVID relief package passed earlier this year and will be received by about 39 million families around the country.

Read more...
 
Investing in Chinese Companies is a Big Risk for Americans
Personal Finances

July 12, 2021 - So you have a little extra money and you want to invest it in the stock market. You're not an experienced investor but you know that you want to purchase a stock in a high-growth industry and which has a large market for whatever it is selling. So you do a little research and you decide on a company that has just gone public. Better yet, you think. It's a company based in China and focused on Chinese consumers; of which there are 1.4 billion of them. The possibilities are endless! And then the Chinese government steps in and screws everything up. That's pretty much what happened to investors in Chinese rideshare company DiDi last week. 

Read more...
 
Wells Fargo Closing all Personal Lines of Credit
In The News

July 11, 2021 - Wells Fargo Bank has announced that it is closing all of its customers personal lines of credit. The move will negatively impact the credit scores of affected customers according to the bank and is sparking outrage.

Read more...
 
Russian Ransomware Attackers Demand $70 Million to Restore Data
Federal Issues

July 5, 2021 - Back in May we told you about the ransomware attack on Colonial Pipeline and made the case that if such attacks were to be stopped, the United States would need to hold the governments that shelter cybercriminals accountable. The Colonial attack was orchestrated in Russia. Since that time, Presidents Biden and Putin have held a summit, and the subject of ransomware was a discussion. Apparently, Biden's plea fell on deaf ears though. This past week there was another ransomware attack that has impacted dozens of companies, and the Russian criminals behind it are now demanding a massive ransom. It's an attack that deserves an equally massive response.

Read more...
 
Prices are Going Up - The Inflation Tax and How it Works
Federal Issues

June 28, 2021 - If you think prices are going up on just about everything, that isn't your imagination. Fuel costs alone have risen around 30% since January. The prices of food, clothing, lumber and just about everything else seem to be going through the roof. Overall, 2021 could wind up with an inflation rate of 5% or more. That's a huge increase when compared with the past few years and is nearing a 30 year high. But that may be the government's plan, because inflation driven by huge government spending is nothing more than a tax.

Read more...
 
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08/01/2021 06:41:48