The Biden family started some 20 LLC's to funnel money into their coffers! So it seems!

James Comer of the House has details which implicate the Biden family in serious financial corruption! Whistle Blowers are coming forward with new data on the Biden's financial corruption while he served America as Vice President! Will voters ignore all this corruption?

An update on the Biden family influence peddling situation!

The House Committee on Oversight is looking into the financial corruption of the Biden family. It appears that the Biden family formed some 20 LLC's (Limited Liability Corporations) so as to funnel money from foreign sources (China, Ukraine, Romania, etc.) into the Biden family coffers. It appears that this 'influence peddling' was part of the plan while Mr. Biden was Vice President of America. Joe Biden denies it all even as the evidence grows via whistle blowers and IRS documents that are emerging. 

The immediate response of the Mr. Biden's is to DENY all this financial corruption which seems overwhelming to me. Can Biden and his Democratic supporters avoid a serious collapse of the Biden Administration as more evidence piles up? My sense is that the days of the Biden Administration are numbered. His financial corruption has expanded to his entire FAMILY (so it seems). Millions of dollars are involved. Can Joe run for another term of President with this legacy?

It appears that the influence peddling within the Biden family started mostly while Mr. Biden was Vice President. His son, Hunter Biden, was obviously an agent in all this financial corruption. Can Joe cover-up all these prior episodes of financial corruption so as to get elected again in 2024? We could have a battle of two corrupt Americans in the election of 2024 (Donald Trump and Joe Biden). Will America elect one of these to represent our country? It may depend on the STATE of our economy prior to this election.

Joe Biden's brother, James, was part of the plan to funnel money into the coffers of the Biden family (so it seems)! Evidence is piling up that financial corruption was endemic.

My sense is that our voters will mostly ignore all this prior corruption of our elected leaders as long as the economy stays strong. Most voters will vote their pocket book when the election is held. The lesser of two evils is the mantra of most American voters. Evil is never attributed to the person who gets one's vote. Money rules over our political system and most American's follow the money as it flows into their personal coffers. I notice this mindset as I visit with my many retired community friends here in Arizona.

Will the coming DEBT CEILING situation bring America to its knees? This will be interesting to watch. My sense is that this Debt Ceiling issue could be crucial to events going forward. America is technically bankrupt. We can not repay any of our $trillions of debt. The numbers are way beyond our ability to solve mathematically. At some point America MUST default on all this DEBT. Personally, I would like this to happen NOW. We need to start thinking about a NEW MODEL for our economics.

Schumer, McConnell, and McCarthy can not agree on a plan to stop Government spending! Why? Money rules over America and her commerce! You can witness the situation here:

www.usdebtclock.org

Money rules over America and as long as America has the Reserve Currency for the planet, American politicians will spend $$$$$$$$$$$$ to infinity to get elected (so it seems). Why not? America can create $$$$$$$$$$$$$ out-of-nothing with the click of a computer key. It's called official $ COUNTERFEITING (in my book). But the world system of commerce is allowing this financial corruption to continue (for now) . Russia and China must step up and form a CHALLENGE to the $ if anything is to change! Will this happen? I think so! Keep watching!

Our markets are slow to change but I do sense that change is in the mill. We could witness some huge financial events prior to the end of 2023. It takes time for these events to surface and become public issues. But I do sense that progress is being made to de-dollarize the global markets so that more competition enters our markets and changes this huge free ride which America has enjoyed since the end of WW II. We could witness some real change prior to the end of 2023.

As I write, the income tax revenue is declining. The money supply is declining. Small business assets are declining. Our FED is pumping up interest rates so as to bring us a RECESSION. All takes some time to surface, but its happening behind the scenes. Keep watching the markets to discern these events. My sense is that real estate price declines will bring us this recession some time in 2023. 

Think for yourself on all these issues of politics. I am: Donald B. Swenson, Economist/Philosopher, donaldswenson.blogspot.com.

http://kingdomecon.wordpress.com