The Federalist – Genesis Wealth Defense https://genesiswealthdefense.com There's a thin line between ringing alarm bells and fearmongering. Tue, 05 Nov 2024 17:35:18 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.2 https://genesiswealthdefense.com/wp-content/uploads/2024/09/cropped-Money-32x32.jpg The Federalist – Genesis Wealth Defense https://genesiswealthdefense.com 32 32 237551656 The Best Thing for America Would Be a Donald Trump Blowout https://genesiswealthdefense.com/the-best-thing-for-america-would-be-a-donald-trump-blowout/ https://genesiswealthdefense.com/the-best-thing-for-america-would-be-a-donald-trump-blowout/#respond Tue, 05 Nov 2024 12:53:07 +0000 https://genesiswealthdefense.com/the-best-thing-for-america-would-be-a-donald-trump-blowout/ If Democrats had their way, Donald Trump wouldn’t be anywhere near the presidency again. So wrote MSNBC’s Hayes Brown on the eve of the 2024 election’s final day. But Trump is near the presidency — perhaps by decisive margins — and Democrats are apoplectic.

The “biggest contributor to the unease that millions of Americans have felt as Election Day approaches,” Brown wrote, is “that there is any tension about the outcome at all. The 2024 election should not be anywhere near as close as it appears, not with Trump’s name on the ballot for the third straight election.”

Brown is right that the election shouldn’t be close, but he’s wrong about why.

The best thing for the country would not be a big or small victory for Kamala Harris, Tim Walz, and their phony “unity” schtick. It wouldn’t even be a razor-thin Trump-Vance win. The best outcome for the health of our nation — and democracy — would be a landslide victory for Donald Trump.

Just Deserts

First, and most importantly, America needs a decisive victory to communicate to Democrat leaders, media propagandists, bureaucratic tyrants, violent rioters, Big Tech censors, race hustlers, and rogue three-letter agencies that their underhanded and often illegal actions will not be rewarded with electoral victory.

No, Democrats don’t deserve to win after waging unprecedented lawfare against their political opponents, from the former president to peaceful pro-life protesters. They don’t deserve to win after turning federal agencies into a Democrat get-out-the-vote hydra. Or after lying about the integrity of the 2020 election and persecuting honest Americans who questioned the procedures and results. Or after inciting racial violence that razed pockets of flyover America and then lying that the rioting and looting was “mostly peaceful.”

Democrats don’t deserve to win after airing blatant and thoroughly debunked propaganda on network television 24/7/365. Or after colluding with Big Tech oligarchs to throttle true opinions they don’t like as “misinformation.” Or after raiding Donald Trump’s home over an alleged documents crime less severe than his rival Joe Biden’s.

Democrats shouldn’t be able to win after lying about the physical fitness of their commander-in-chief and staging an undemocratic coup when it became clear he couldn’t beat Trump. They shouldn’t be able to win after lying about violent crime statistics and employment numbers. […]

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As Inflation Rears Its Ugly Head Again, Election-Meddling Media Go to Bat for Biden-Harris https://genesiswealthdefense.com/as-inflation-rears-its-ugly-head-again-election-meddling-media-go-to-bat-for-biden-harris/ https://genesiswealthdefense.com/as-inflation-rears-its-ugly-head-again-election-meddling-media-go-to-bat-for-biden-harris/#respond Fri, 11 Oct 2024 11:48:48 +0000 https://genesiswealthdefense.com/as-inflation-rears-its-ugly-head-again-election-meddling-media-go-to-bat-for-biden-harris/ Less than one month before Election Day, the U.S. Bureau of Labor Statistics’ published data confirms that the consequences of Democrats’ disastrous economic policies have continued to plague Americans.

Democrats and their corporate media and economic “expert” allies preemptively claimed inflation would “return to normal” just in time for the 2024 face-off. Shortly after the July 2024 consumer price index was released, former Deputy Director of the National Economic Council Bharat Ramamurti even went so far as to declare that “We’ve won the battle against inflation.”

The 2.4 percent price hike Americans suffered from September 2023 to the same month this year, however, was “a little hotter than anticipated.”

Consumers specifically paid more for food at home (1.3 percent), food away from home (3.9 percent), electricity (3.7 percent), shelter (4.9 percent), and transportation (8.5 percent) last month than they did the year prior. Overall, essential goods and services are more than 20 percent more expensive now than they were when President Joe Biden and Vice President Kamala Harris took office in January 2021.

Corporate media such NBC News, the New York Times, CBS News, and ABC News tried to paint the additional September leap as inflation “cooling.”

The Washington Post even published an opinion piece taunting Americans for feeling discouraged by the economic woes they have suffered under the Democrat-controlled White House.

“This is a great economy. Why can’t we celebrate it?” the headline states. […]

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New ‘Transparency’ Act Forces Small Businesses to Register Personal Data With Federal Law Enforcement https://genesiswealthdefense.com/new-transparency-act-forces-small-businesses-to-register-personal-data-with-federal-law-enforcement/ https://genesiswealthdefense.com/new-transparency-act-forces-small-businesses-to-register-personal-data-with-federal-law-enforcement/#respond Thu, 10 Oct 2024 13:49:23 +0000 https://genesiswealthdefense.com/new-transparency-act-forces-small-businesses-to-register-personal-data-with-federal-law-enforcement/ The Corporate Transparency Act (CTA) is an aggressive domestic program to federally register millions of unsuspecting small business owners under the guise of an “anti-money laundering initiative.”

By the end of this year, Americans will be required to hand over their small businesses’ private data — such as owners’ names and home addresses — to the federal government’s law enforcement database, operated by the Financial Crimes Enforcement Network (FinCEN), housed under the Department of the Treasury. Such small businesses include limited liability companies, corporations, “and any other entities created by the filing of a document with a secretary of state or any similar office in the United States.”

They will also be required to turn over personal data, which can include uploading their driver’s license, passport, marriage certificate, and other non-business related information, into this law enforcement database.

This needs to be a front and center campaign issue to protect more than 33 million small business owners, who employ 61 million Americans.

The Department of the Treasury already has a history of targeting innocent Americans. During the Lois Lerner scandal, the IRS was forced to admit that it used political partisanship to specifically target conservative groups. The unelected bureaucracy was ultimately forced to settle with the innocent Americans they targeted.

CTA is the for-profit equivalent of Department of the Treasury’s partisan overreach. With the IRS scandal, nonprofit organizations with the word “tea party” and “patriot” were targeted and subjected to further scrutiny and/or outright denial of their tax-exempt 501(c)(3) status. Under the CTA, an overly aggressive anti-Second Amendment bureaucrat could decide to do a word search for “gun,” “firearm,” “patriot,” “freedom,” or similar, and they would have a ready list of small business owners to target, investigate, and audit. It happened before with nonprofits, and it will happen again with “for profit” small businesses. […]

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Woke Economists’ Kamala Endorsement Prioritizes Ideology Over Reality https://genesiswealthdefense.com/woke-economists-kamala-endorsement-prioritizes-ideology-over-reality/ https://genesiswealthdefense.com/woke-economists-kamala-endorsement-prioritizes-ideology-over-reality/#respond Sat, 28 Sep 2024 13:12:38 +0000 https://genesiswealthdefense.com/woke-economists-kamala-endorsement-prioritizes-ideology-over-reality/ Despite all existing data exposing Harris as an economic disaster, more than 400 economists are turning to misinformation to hurt Trump.

More than 400 left-leaning economists and former policy advisers under Democratic administrations endorsed Vice President Kamala Harris for the presidency despite her poor track record and the potentially detrimental effects of her economic proposals on the U.S. economy.

The endorsement was announced in an open letter, and the signatories included former deputy treasury secretary under Bill Clinton, Roger Altman, and former commerce secretary under Barack Obama, Penny Pritzker. Their endorsement claimed Vice President Harris “has a proven record of economic leadership throughout her career … In her time as Vice President, she has worked on behalf of American families to lower costs, cut taxes, raise wages …” This statement is a stark contradiction to Harris’ actual record.

In just three years, the Biden-Harris administration added a staggering $6.3 trillion to the national debt, bringing the total public debt to nearly $35 trillion as of May. The Committee for a Responsible Federal Budget (CRFB) reported that the interest payment of our national debt has surpassed government spending on national defense, Medicare, and more than “all the money spent this year on veterans, education, and transportation combined.” This is not just a problem for us, but for our children and grandchildren who will inherit this debt. […]

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Tax-Funded Group Trains Wisconsin Daycares to Encourage Riots and Abolishing the Police https://genesiswealthdefense.com/tax-funded-group-trains-wisconsin-daycares-to-encourage-riots-and-abolishing-the-police/ https://genesiswealthdefense.com/tax-funded-group-trains-wisconsin-daycares-to-encourage-riots-and-abolishing-the-police/#respond Sat, 21 Sep 2024 21:02:14 +0000 https://genesiswealthdefense.com/tax-funded-group-trains-wisconsin-daycares-to-encourage-riots-and-abolishing-the-police/ In the training, author Megan Madison, told daycare workers that ‘the color-blind approach’ to race ‘is ineffective and potentially harmful.’

A tax-funded Wisconsin organization trained daycare workers to teach infants and toddlers to participate in violent partisan protests and support abolishing the police.

Daycare workers who participated in an April training from the tax-funded organization Wisconsin Early Childhood Association (WECA) received “diversity, equity, inclusion, and belonging” kits worth $600 each that included board books teaching babies race hatred and gender dysphoria. The kit came to light this week when a daycare owner who received one went public with what she found inside.

In the training, an author of three of the books in the kit, Megan Madison, told daycare workers that “the color-blind approach” to race “is ineffective and potentially harmful.” Madison cohosted the training with WECA’s diversity director, Tanya Johnson.

Any organization that receives federal funds risks violating federal antidiscrimination law by disparaging Americans based on their race, said Wisconsin Institute for Law and Liberty attorney Dan Lennington. WECA is essentially a clearing house for taxpayer funds, directing it to daycares for food welfare, daycare worker training, and more.

Johnson opened the training by stating her pronouns and giving a “land acknowledgment” that asserted parts of the United States actually belong to tribal peoples whom U.S. armed forces conquered long ago. […]

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House Report Shows California’s Covid Fraud Was So Much Worse Than You Think https://genesiswealthdefense.com/house-report-shows-californias-covid-fraud-was-so-much-worse-than-you-think/ https://genesiswealthdefense.com/house-report-shows-californias-covid-fraud-was-so-much-worse-than-you-think/#respond Sat, 21 Sep 2024 20:54:00 +0000 https://genesiswealthdefense.com/house-report-shows-californias-covid-fraud-was-so-much-worse-than-you-think/ How bad was the scale of fraud — and the governmental incompetence that permitted it — during Covid? Unfortunately, prosecutors and federal officials are still tallying up the damage.

The House Oversight Committee recently released a report summarizing its own findings on the proliferation of pandemic scams. While other federal analyses have focused on the effects at the federal level, the committee report showed how incompetence at the state level, where unemployment benefits actually get administered, sowed the seeds for the Covid-era grifts.

Invitation to Criminals

The House investigation examined how numerous state decisions made identity fraud and other scams a near-certainty. For instance, the report references this nugget from a federal Justice Department press release announcing that a married couple had agreed to plead guilty to wire fraud charges:

According to court documents, Tiffany [Pacheco] was hired by the Massachusetts Department of Unemployment Assistance (DUA) in April 2020, shortly after her release from federal prison following a conviction for aggravated identity theft. While employed by DUA, Tiffany allegedly misused her position to submit fraudulent [unemployment] claim information on behalf of herself and her husband, Arthur, who was incarcerated in Texas until September 4, 2020, and thus ineligible for [unemployment] funds. (Emphasis mine.)

The only natural response consists of one word: Really? One can read that paragraph over and over again to try to make sense of it — a government agency hiring someone just out of prison after a federal identity fraud conviction and placing her in a position with access to names, Social Security numbers, and other personal information allowing said individual to engage in more identity theft. Honest, hard-working taxpayers can only wonder why the Justice Department didn’t try to charge the Massachusetts official who hired Mrs. Pacheco with First-Degree Stupidity. […]

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Harris’ Housing Plan Would Crush Young Americans’ Dreams of Buying a Home https://genesiswealthdefense.com/harris-housing-plan-would-crush-young-americans-dreams-of-buying-a-home/ https://genesiswealthdefense.com/harris-housing-plan-would-crush-young-americans-dreams-of-buying-a-home/#respond Sat, 14 Sep 2024 06:08:13 +0000 https://genesiswealthdefense.com/harris-housing-plan-would-crush-young-americans-dreams-of-buying-a-home/ Vice President Kamala Harris’ plan to make housing more affordable would in reality double down on policies that have caused skyrocketing home prices under the Biden administration.

Harris took to the debate stage Tuesday night touting her “plan” to solve the housing shortage. Her proposal, however brief, hits on some key points that have the potential to drive up housing prices exponentially:

Vice President Harris has put forward a comprehensive plan to build three million more rental units and homes that are affordable to end the national housing supply crisis in her first term. And she will cut red tape to make sure we build more housing faster and penalize firms that hoard available homes to drive up prices for local homebuyers. Vice President Harris knows rent is too high and will sign legislation to outlaw new forms of price fixing by corporate landlords.

As more new homes are built and affordable housing supply increases, Vice President Harris will provide first-time homebuyers with up to $25,000 to help with their down payments, with more generous support for first-generation homeowners.

Harris’ platform promises to exacerbate those prohibitive conditions she and Biden caused for future generations of would-be homeowners, making it nearly impossible for many young Americans to start buying homes, a key cultural milestone that serves as part of the foundation to raising a family. Instead, Harris’ plan would more likely keep Americans shacked up in apartments until much later in life.

“The worse this gets, the more we are essentially attaching a penalty to people who are investing in themselves, investing in their financial future, investing in their family, and investing in intergenerational wealth, and all of this is creating a world of haves and have-nots,” EJ Antoni, research fellow and public finance economist at the Heritage Foundation, told The Federalist in an interview. “It is making real what the World Economic Forum said quite a while ago, ‘You will own nothing and be happy.’” […]

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The Harris-Walz Wealth Tax Would Harm Everybody — Except The Super Rich https://genesiswealthdefense.com/the-harris-walz-wealth-tax-would-harm-everybody-except-the-super-rich/ https://genesiswealthdefense.com/the-harris-walz-wealth-tax-would-harm-everybody-except-the-super-rich/#respond Wed, 04 Sep 2024 13:39:53 +0000 https://genesiswealthdefense.com/the-harris-walz-wealth-tax-would-harm-everybody-except-the-super-rich/ Democrat presidential candidate Kamala Harris has confirmed her support for $5 trillion in tax increases over 10 years in the Biden-Harris administration’s proposed budget. What should be truly terrifying to any taxpayer is the fact that the total increase is not the worst thing about Harris’ plan.

Among the many and varied tax hikes Harris and running mate Tim Walz endorse is a big increase in the top tax rate on capital gains. “[T]he proposals would increase the top marginal rate on long-term capital gains and qualified dividends to 44.6 percent,” an explanation of the Biden-Harris budget states. The top tax rate on capital gains held for more than a year is currently 20 percent, for those with taxable income above $518,000. The tax is paid only if the individual sells the assets.

Capital gains taxes are not indexed for inflation, so the tax bite will rise dramatically whenever the Federal Reserve increases the money supply to cover the rapidly rising U.S. government debt, which is inevitable under all believable current scenarios. People will be paying real taxes on imaginary increases in capital gains. That extra tax cost will lower the value of the affected assets. If you own stocks, land, or other valuables, the Harris-Walz tax hike will reduce their value.

Even more egregiously, “The Harris-endorsed budget calls for an annual 25 percent minimum tax on the unrealized gains of individuals with income and assets exceeding $100 million,” Americans for Tax Reform notes. “Once in place, it won’t be long before the threshold is lowered to hit more and more Americans.” […]

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