Washington Free Beacon – Genesis Wealth Defense https://genesiswealthdefense.com There's a thin line between ringing alarm bells and fearmongering. Fri, 22 Nov 2024 13:26:30 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.2 https://genesiswealthdefense.com/wp-content/uploads/2024/09/cropped-Money-32x32.jpg Washington Free Beacon – Genesis Wealth Defense https://genesiswealthdefense.com 32 32 237551656 ‘Put Us To Work Right Now’: Trump Plans To Resurrect Keystone XL Pipeline on Day One: Report https://genesiswealthdefense.com/put-us-to-work-right-now-trump-plans-to-resurrect-keystone-xl-pipeline-on-day-one-report/ https://genesiswealthdefense.com/put-us-to-work-right-now-trump-plans-to-resurrect-keystone-xl-pipeline-on-day-one-report/#respond Fri, 22 Nov 2024 13:26:30 +0000 https://genesiswealthdefense.com/put-us-to-work-right-now-trump-plans-to-resurrect-keystone-xl-pipeline-on-day-one-report/ President-elect Donald Trump is planning to revive the Keystone XL oil pipeline on day one of his new administration, people familiar with his plan told Politico.

President Joe Biden rescinded Trump’s 2017 approval of the pipeline on his first day in office in January 2021, citing concerns that burning oil sands crude would worsen “climate change.” Critics have blamed Biden’s “war on energy” for contributing to the skyrocketing price of energy and everyday goods.

The 1,200-mile Canada-to-Nebraska project would have moved up to 830,000 barrels (35 million gallons) of crude oil daily. After Biden canceled the permit in 2021, TC Energy, the company behind the pipeline, announced it would no longer continue construction.

François Poirier, the CEO of TC Energy, celebrated Trump’s reelection, saying the former president “understands” the importance of energy and “energy security.”

“[Trump] is very focused on affordability. He understands the role that energy plays, and energy security, on the international stage,” Poirier said this week. “Having the free flow of energy between the three countries in North America is very important. And having more supply of oil and gas from Canada will help contribute to lower prices in the U.S.” […]

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Soros-Backed Dark Money Giant Bankrolled the Fiscal Sponsor of US-Designated Terror Financier Samidoun, Tax Forms Show https://genesiswealthdefense.com/soros-backed-dark-money-giant-bankrolled-the-fiscal-sponsor-of-us-designated-terror-financier-samidoun-tax-forms-show/ https://genesiswealthdefense.com/soros-backed-dark-money-giant-bankrolled-the-fiscal-sponsor-of-us-designated-terror-financier-samidoun-tax-forms-show/#respond Fri, 15 Nov 2024 05:27:28 +0000 https://genesiswealthdefense.com/soros-backed-dark-money-giant-bankrolled-the-fiscal-sponsor-of-us-designated-terror-financier-samidoun-tax-forms-show/ The Tides Foundation, a left-wing dark money giant backed by George Soros and other progressive billionaires, bankrolled the fiscal sponsor of the Samidoun Palestinian Prisoner Solidarity Network, an anti-Semitic group sanctioned in the United States for providing financial support to terrorists, according to newly released tax forms.

The foundation reported in its latest Form 990 tax return that it granted $286,000 to the Alliance for Global Justice in 2023, a group best known for serving as the fiscal sponsor of Samidoun. The Treasury Department in October sanctioned Samidoun as a “sham charity” that provided material support to a Palestinian terrorist organization that participated in the Oct. 7 Hamas terrorist rampage in Israel. Canada levied its own sanctions against Samidoun as well in October, labeling the group a “terrorist entity” under its criminal code.

Founded in 1998, the Alliance for Global Justice let Samidoun borrow its charitable tax privileges to operate and raise funds in the United States without obtaining its own organizational credentials. In other words, the Alliance for Global Justice and Samidoun are legally indistinguishable. It’s unclear if the group continued to serve as Samidoun’s fiscal sponsor after the Treasury Department sanctioned the terrorism financier in October.

The Tides Foundation said the purpose of its grant to the Alliance for Global Justice in 2023 was to support a “sustainable environment.” It’s unclear if the Tides grant went to support Samidoun or one of the several dozen other fiscally sponsored organizations operating under the Alliance for Global Justice’s tax ID.

The Treasury Department in October described Samidoun as a “sham charity that serves as an international fundraiser for the Popular Front for the Liberation of Palestine (PFLP) terrorist organization.” The PFLP cut its teeth in the late 1960s by hijacking and opening fire on commercial airplanes, and later participated in the Oct. 7 attacks in Israel. It leverages Samidoun as a front organization in both Europe and North America to bankroll its terrorist activities, the Treasury Department said in October. Samidoun is also banned in Germany for its overt support of Hamas terrorism. […]

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Kamala Harris Climate Adviser Reverses Her Reversal of Harris’s Support for Fossil Fuels https://genesiswealthdefense.com/kamala-harris-climate-adviser-reverses-her-reversal-of-harriss-support-for-fossil-fuels/ https://genesiswealthdefense.com/kamala-harris-climate-adviser-reverses-her-reversal-of-harriss-support-for-fossil-fuels/#respond Wed, 23 Oct 2024 05:48:05 +0000 https://genesiswealthdefense.com/kamala-harris-climate-adviser-reverses-her-reversal-of-harriss-support-for-fossil-fuels/ Camila Thorndike, a top Harris-Walz campaign climate adviser, abruptly walked back her recent comments stating that Vice President Kamala Harris would be hostile to future oil and gas drilling as president—effectively reversing her reversal of the candidate’s position.

In a statement Monday, Thorndike lamented that she wasn’t clear enough when she told Politico last week that Harris is not “promoting expansion” of oil drilling and suggested Harris was not fond of a provision in the 2022 Inflation Reduction Act mandating fossil fuel leases. Thorndike serves as Harris’s “climate engagement director.”

“I didn’t explain myself clearly here,” Thorndike said Monday. “Contrary to Trump’s claims, the VP has not banned fracking, doesn’t support banning fracking, and in fact cast the tie-breaking vote on the biggest pro-climate law ever, which, yes, opened new fracking leases. People know that’s her position.”

It remains unclear how Thorndike’s new statement clarifies her comments from last week. Thorndike did not respond to a request for comment from the Washington Free Beacon. […]

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Most Voters Believe in American Dream but Find It Less Attainable, Citing High Housing Prices, Poll Shows https://genesiswealthdefense.com/most-voters-believe-in-american-dream-but-find-it-less-attainable-citing-high-housing-prices-poll-shows/ https://genesiswealthdefense.com/most-voters-believe-in-american-dream-but-find-it-less-attainable-citing-high-housing-prices-poll-shows/#comments Sat, 14 Sep 2024 10:13:48 +0000 https://genesiswealthdefense.com/most-voters-believe-in-american-dream-but-find-it-less-attainable-citing-high-housing-prices-poll-shows/ The majority of voters believe in the American dream but find it less attainable, a new poll found, thanks to sky-high housing prices, which have jumped more than 30 percent under the Biden-Harris administration.

The poll, conducted in July by the Rainey Center think tank and released through a report this week, found that although 54 percent of Americans believe in the American dream, 66 percent say it has fallen further out of reach. Respondents cited home ownership as a top source of pessimism—57 percent said owning a home has become less attainable over the last decade, compared with just 19 percent who said it’s become more attainable.

Home prices have skyrocketed under the Biden-Harris administration, with the median price for an existing home jumping a whopping 17 percent in 2021. Housing affordability has since emerged as a top issue for young voters in November’s election, polling shows.

“Our survey finds that voters have a generally pessimistic view of how the American Dream’s attainability has shifted over the last 10 years,” the Rainey Center’s report states. “Most aspects are perceived as less attainable, with home ownership showing the most negative trend.”

CNN’s Jake Tapper raised the housing affordability issue during the June presidential debate, noting that “typical home prices have jumped more than 30 percent” since 2021. President Joe Biden blamed “corporate greed,” language Vice President Kamala Harris has echoed since replacing him at the top of the ticket. Harris last month unveiled a plan to provide first-time home buyers with a $25,000 credit, subsidies that economists warn would push home prices higher. […]

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Investment Advisory Behemoth Under Fire for Discriminating Against Companies With Ties to Israel https://genesiswealthdefense.com/investment-advisory-behemoth-under-fire-for-discriminating-against-companies-with-ties-to-israel/ https://genesiswealthdefense.com/investment-advisory-behemoth-under-fire-for-discriminating-against-companies-with-ties-to-israel/#respond Thu, 29 Aug 2024 12:15:17 +0000 https://genesiswealthdefense.com/target/investment-advisory-behemoth-under-fire-for-discriminating-against-companies-with-ties-to-israel/ Montana, Iowa, and Tennessee have launched investigations into whether the investment behemoth MSCI has engaged in Boycott, Divestment, and Sanctions (BDS) practices by issuing harmful ratings to companies over their Israeli ties, potentially encouraging clients away from investing in them.

As part of its environmental, social, and governance (ESG) scoring, MSCI flagged at least nine companies as controversial for doing business in Israel, a Jewish News Syndicate investigation found. In response, the three U.S. states are demanding MSCI turn over documents showing how Israeli ties affected ESG ratings or inclusion in any exchange-traded funds. They also demanded information about what the investment firm advised clients about doing business in the Jewish state or with Israeli parties.

MSCI manages some $5.4 billion in assets and offers investing guidance for clients. Investors who are socially conscious or fear getting flagged themselves may avoid putting money into companies marked with human rights concerns.

“My support for Israel will not waiver and neither will Montana’s. I’m deeply concerned by the reports of discrimination against Israeli companies,” Montana attorney general Austin Knudsen told the Washington Free Beacon. “Should we find MSCI has been involved in any illegal business practices, I will do everything in my power as attorney general to hold them accountable and continue to protect Montanans from unlawful and discriminatory business practices.” […]

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