A large portion of Americans are skeptical of the future with 75% thinking we’re going the wrong way

Revelations 18:23 ‘For the merchants were the great men of the earth; for by thy sorceries were all nations deceived.’

Important Takeaways:

  • Nearly 75% of Americans think the US is headed in the WRONG direction under Joe Biden and more than half worry country’s best years are in the past, NBC poll shows
  • A whopping 74% of Americans say the United States is on the wrong track in a new NBC News poll conducted earlier this month
  • It also found that more than half of the 1,000 respondents feel ‘worried that America’s best years may already be behind us’
  • Among the respondents’ main concerns was the economy, with 68 percent saying they think the country is already in a recession despite Biden’s claims
  • In total, the poll found, 55 percent of Americans disapprove of the job the president is doing while just 42 percent approve

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Oil and gas lease approved. Largest sale in history. Inflation Reduction Act reinstates sale spanning 80.8 million acres

Revelations 18:23:’For the merchants were the great men of the earth; for by thy sorceries were all nations deceived.’

Important Takeaways:

  • Biden approves largest oil, gas lease sale in US history, steamrolls eco review with inflation bill
  • The Inflation Reduction Act reinstates Lease Sale 257, an oil and gas sale spanning 80.8 million acres across the Gulf of Mexico
  • “Congress has acted, the leases must be issued, and the lawsuit must be dismissed,” he continued.
  • In November, the DOI held the lease sale which generated more than $191 million in bids for 308 tracts from fossil fuel companies despite criticism from several prominent Democratic lawmakers and environmental groups. However, a federal court blocked the sale in January ruling in favor of a coalition, led by Friends of the Earth and the Sierra Club, that argued the Biden administration failed to properly analyze the climate impacts of the sale.

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Americans feeling pessimistic heading into elections

Revelations 18:23 ‘For the merchants were the great men of the earth; for by thy sorceries were all nations deceived.’

Important Takeaways:

  • Public perception of the economy is the lowest since 2008: More Americans say they trust the GOP to handle issues that hit their pocket, new poll shows
  • A new poll shows nearly 7 in 10 Americans feel the economy is ‘getting worse’
  • Only 12% saying it is ‘getting better’ under Joe Biden’s leadership
  • In 2008, the same polling found 83% thought the economy was getting worse
  • Biden has a 37% overall approval on his handling of the economy – the lowest point in the polling since he took office last year
  • The only issues where Biden’s approval rating has changed is on gas prices, rising to 34 percent from 27 percent in June. Prices per gallon have dropped by a dollar on average from where they were earlier this summer when the poll was taken.

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No intention of ending drills, China extends training

Revelations 6:3-4 “when he opened the second seal, I heard the second living creature say, “Come!” 4 And out came another horse, bright red. Its rider was permitted to take peace from the earth, so that people should slay one another, and he was given a great sword.

Important Takeaways:

  • China extends threatening military exercises around Taiwan
  • The exercises will include anti-submarine drills, apparently targeting U.S. support for Taiwan in the event of a potential Chinese invasion, according to social media posts from the eastern leadership of China’s ruling Communist Party’s military arm, the People’s Liberation Army.
  • Xi is seeking a third term as Communist Party leader later this year. His control over the armed forces and what he has defined as China’s “core interests” — including Taiwan, territorial claims in the South China Sea and historic adversary Japan — are key to maintaining his nationalist credentials.
  • China has ignored calls to calm the tensions, and there was no immediate indication of when it would end what amounts to a blockade.
  • U.S. President Joe Biden said: “I’m not worried, but I’m concerned they’re moving as much as they are. But I don’t think they’re going to do anything more than they are.”
  • China has cut off defense and climate talks with the U.S. and imposed sanctions on Pelosi in retaliation for her visit.

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Why haven’t American policy makers gone after Chinese Banks supporting N.K. missile program

Revelations 6:3-4 “when he opened the second seal, I heard the second living creature say, “Come!” 4 And out came another horse, bright red. Its rider was permitted to take peace from the earth, so that people should slay one another, and he was given a great sword.

Important Takeaways:

  • The Growing Threat from North Korea
  • “According to unclassified intelligence reports to Congress, there are five key Chinese banks and a specially created holding company that funds the North Korean missile and nuclear technology programs.” — Peter Huessy, Real Clear Defense, August 10, 2017.
  • China’s main strategic concern when it comes to the Korean peninsula is apparently to end the US presence there
  • North Korean escalation in the form of increased missile tests and resumption of ICBM and nuclear tests to pressure the US to make concessions — in the shape of troop withdrawals from South Korea — would play directly into the hands of China
  • In short, American policymakers know how to get China to begin acting responsibly.” — Gordon G. Chang, Newsweek, May 10, 2021.
  • The question now is — will the Biden administration muster the political will to designate those large Chinese banks under Section 311 of the Patriot Act?

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Xi warns Biden over meddling in Chinese affairs

Revelations 6:3-4 “when he opened the second seal, I heard the second living creature say, “Come!” 4 And out came another horse, bright red. Its rider was permitted to take peace from the earth, so that people should slay one another, and he was given a great sword.

Important Takeaways:

  • China’s Xi Warns Biden Over Taiwan, Calls for Cooperation
  • President Xi Jinping warned against meddling in China’s dealings with Taiwan during a phone call with his U.S. counterpart, Joe Biden, that gave no indication of progress on trade, technology or other irritants, including Beijing’s opposition to a top American lawmaker’s possible visit to the island democracy, which the mainland claims as its own territory.
  • Meanwhile, Xi and Biden are looking at the possibility of meeting in person, according to a U.S. official who declined to be identified further. Xi has been invited to Indonesia in November for a meeting of the Group of 20 major economies, making it a potential location for a face-to-face meeting.
  • The Chinese government gave no indication Xi and Biden discussed possible plans by U.S. House Speaker Nancy Pelosi to visit Taiwan
  • But Xi rejected “interference by external forces” that might encourage Taiwan to try to make its decades-old de facto independence permanent.
  • “Those who play with fire will perish by it.”
  • Pelosi has yet to confirm whether she will go to Taiwan

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Leading Economic Indicators expect Recession by year’s end

Revelations 18:23 ‘For the merchants were the great men of the earth; for by thy sorceries were all nations deceived.’

Important Takeaways:

  • U.S. Leading Economic Indicators Point to Recession Around Year’s End
  • “The US LEI declined for a fourth consecutive month suggesting economic growth is likely to slow further in the near-term as recession risks grow,” said Ataman Ozyildirim, Senior Director of Economic Research at The Conference Board.
  • “Consumer pessimism about future business conditions, moderating labor market conditions, falling stock prices, and weaker manufacturing new orders drove the LEI’s decline in June. The coincident economic index which rose in June suggests the economy grew through the second quarter. However, the forward-looking LEI points to a US economic downturn ahead.”
  • A US recession around the end of this year and early next is now likely. Accordingly, we’ve downgraded our forecast of 2022 annual Real GDP growth to 1.7 percent year-over-year

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Biden not supportive of Pelosi visiting Taiwan as China warns not to interfere

Revelations 6:3-4 “when he opened the second seal, I heard the second living creature say, “Come!” 4 And out came another horse, bright red. Its rider was permitted to take peace from the earth, so that people should slay one another, and he was given a great sword.

Important Takeaways:

  • Taiwan holds drills amid Pelosi visit concern, China tension
  • Air raid sirens were sounded in the capital Taipei and the military was holding its annual multi-day Han Kuang drills, including joint air and sea exercises and the mobilization of tanks and troops.
  • Pelosi has not confirmed when, or even if, she will visit, but President Joe Biden last week told reporters that U.S. military officials believed such a trip was “not a good idea.”
  • In Taipei, police directed people to shelters when a siren went off shortly after lunchtime. Streets emptied and shops closed.
  • Pelosi, long a sharp critic of Beijing, is second in line to the White House. She is viewed as a Biden proxy by China, which demands members of Congress follow the commitments made by previous administrations.
  • U.S. law requires Washington provide Taiwan with the means to defend itself and treat all threats to the island as matters of “grave concern,” but remains ambiguous on whether it would commit forces in response to an attack from China.

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U.S. Stores report shortage of baby formula as Biden announces 17th Operation Fly Formula

Revelations 18:23 ’For the merchants were the great men of the earth; for by thy sorceries were all nations deceived.’

Important Takeaways:

  • Families despair as America’s baby formula shortage again gets WORSE: Biden announces his 17th international delivery as out-of-stock numbers rise to highest level this year
  • Biden administration announces 17th Operation Fly Formula Mission
  • But U.S. stores still struggling to stock baby formula
  • Formula availability dropped to its lowest level so far this year, with about 30% of products out of stock for the week ended July 3
  • By July 24, Operation Fly Formula will have transported more than 61 million 8-ounce bottle equivalents to the U.S., the administration noted
  • But that isn’t close to being enough as U.S. consumers usually buy enough powdered formula to make about 65 million 8-ounce bottles a week

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Iran Brigadier General warns U.S. after Biden said ‘Use of force would be last resort’

  • Iran’s Military Warns U.S. Against Threats to Use Force
  • The Iranian military warned the United States and Israel on Friday against threatening Iran with force, Iranian media reported, after U.S. President Joe Biden said he would use force as a last resort to prevent Tehran getting a nuclear weapon.
  • “The Americans and Zionists (Israel) know very well the price for using the word ‘force against Iran,'” Brigadier General Abolfazl Shekarchi, spokesman for the Iranian armed forces, was quoted as saying by state media.
  • “Biden must have been drowsy when he threatened Iran,” he said, adding, “Watch your soldiers’ pants – they might get wet in the Persian Gulf!”

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