Thought for the day

"All vets are mentally ill in some way and government should prevent them from owning firearms." -- Diane Feinstein 

If you have followed my reporting you probably know about the protests happening in the Netherlands. Tens of thousands of farmers have taken to the streets to protest against new climate goals which will force farmers to shut down their farms.

They have set hay bales on fire on motorways and dumped manure and even blocked supermarket distribution centers.

In all, the meant-to-be-inflation buster bill will dole out about $80 billion to the IRS for increase enforcement, operational improvements, customer service, and systems modernization. Think big, really big. That $80 billion is more than six times the current annual IRS budget of $12.6 billion.

It’s a shame to have to point this out, but the United States Senate is considering legislation so inappropriately titled that it might come right out of the bizarro episode of Seinfeld. Nevertheless, while the country is reeling from the onset of a recession coupled with near-double-digit inflation, the most left-wing elements of our policymaking body in Washington seem to have convinced Senator Joe Manchin that down is up, wrong is right, and pain is pleasure.

Australia’s central bank has unveiled plans to examine the potential economic benefits of introducing a central bank digital currency (CBDC).

The Reserve Bank of Australia (RBA) said in a statement on Tuesday it would carry out a year-long pilot project to explore “innovative use cases and business models” for a CBDC and gain a better understanding of technological, legal and regulatory considerations.

Cruz shared the comments throughout a Senate floor speech this weekend that noted Americans are not looking for more IRS agents as an answer to the nation’s problems.

“There are a lot of bad things in this bill, but few are worse than the proposal by Democrats in this bill to double the size of the IRS and create 87,000 new IRS agents,” Cruz announced throughout his Senate floor speech.

Webmaster addition: Looting the people is now the major priority of the government!

The European Union is in the throes of an unprecedented energy crisis after taking steps to reduce dependence on Russian oil, natural gas, and coal to “punish” Moscow for its military operation in Ukraine. Skyrocketing energy prices and falling availability have sparked growing concerns about bloc countries’ fate come winter.

European countries are resolving the energy shortfall at home by outbidding developing nations for gas contracts, “increasing the misery of millions of people,” and threatening to plunge entire countries into chaos, Handelsblatt reports.

If the longest recession since the financial crisis and deepest fall in living standards since the 1960s were not bad enough, Britain is also facing economic humiliation on the international stage – if you believe Government critics.

Keir Starmer last month accused former chancellor Rishi Sunak and Prime Minister Boris Johnson of leaving the UK with an “appalling joint economic legacy of the highest inflation and the lowest growth in the G7”.