Ripped From The Headlines, July 5, 2023
US Households Are Broke, Biden Admin Lies Of Mass Distraction, Google Wants Your Soul - Read, Share, & Subscribe - SherlocExposes.com
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“While Americans had built up savings at an unprecedented rate following the pandemic, households are struggling to put money away this year—a trend that has fueled fears among economists of an incoming recession.
During the COVID-19 health emergency, when many across the country were forced into lockdowns and the national economy suffered a shutdown, people's personal savings thrived, with people saving as much as 30 percent of their monthly income and having $2.3 trillion in excess savings between 2020 and 2021, according to the Federal Reserve.
For context, it should be noted that these excess savings were concentrated in the top half of households by income, while many lower-income households struggled to make ends meet.
Three years later, the rate of savings among American households is rapidly falling. In February, the U.S. personal savings rate was estimated to be around 4.6 percent—much below the decades-long average of about 8.9 percent, according to the Bureau of Economic Analysis. But what does this mean?
‘Don't see a Recession? It's Last Call at the bar,’ tweeted housing analyst Amy Nixon, sharing recent data from Wells Fargo showing how personal savings has collapsed in the U.S. ‘The smart people have already paid the tab and gone home. The remainder will wake up tomorrow with regrets,’ she added.
“A federal judge issued a broad preliminary injunction limiting the federal government from communicating with social-media companies about online content, ruling that Biden administration officials’ policing of social-media posts likely violated the First Amendment.
In a 155-page ruling issued Tuesday, U.S. District Judge Terry Doughty of Louisiana barred White House officials and multiple federal agencies from contacting social-media companies with the purpose of suppressing political views and other speech normally protected from government censorship.
The judge’s injunction came in a lawsuit led by the Republican attorneys general of Missouri and Louisiana who alleged that the Biden administration fostered a sprawling ‘federal censorship enterprise’ in its effort to stamp out what it viewed as rampant disinformation circulating on social media.
The government, the lawsuit claimed, pressured social-media platforms to scrub away disfavored views about Covid-19 health policies, the origins of the pandemic, the Hunter Biden laptop story, election security and other divisive topics.
“Google updated its privacy policy over the weekend, explicitly saying the company reserves the right to scrape just about everything you post online to build its AI tools. If Google can read your words, assume they belong to the company now, and expect that they’re nesting somewhere in the bowels of a chatbot.
‘Google uses information to improve our services and to develop new products, features and technologies that benefit our users and the public,’ the new Google policy says. ‘For example, we use publicly available information to help train Google’s AI models and build products and features like Google Translate, Bard, and Cloud AI capabilities.’
This is an unusual clause for a privacy policy. Typically, these policies describe ways that a business uses the information that you post on the company’s own services. Here, it seems Google reserves the right to harvest and harness data posted on any part of the public web, as if the whole internet is the company’s own AI playground. Google did not immediately respond to a request for comment.
The practice raises new and interesting privacy questions. People generally understand that public posts are public. But today, you need a new mental model of what it means to write something online. It’s no longer a question of who can see the information, but how it could be used.
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“Things Ain’t OK Wednesday,” Ripped From The Headlines. Things To Ponder:
“People Are Broke… But The Economy Is Great!”
The madness never stops…
Here’s what the Biden administration is telling you is happening:
But here’s what’s actually happening:
Not bad for six months’ work if you’re trying to destroy things, eh?
There’s no long, drawn-out, funny quip to go with this…
It’s now buckle up and get ready time.
Things are going to start getting bumpy.
Brace For Impact.
“We’re Not Colluding With Big Tech! That Judge Is Crazy…”
Who are you gonna believe? Them or your lyin’ eyes?
This was Biden during the State of the Union Address in February:
And this is the news now:
Yikes!
Keep in mind, these are the same people that are telling you the economy is great…
Know Your Foe.
“Google Loves You… Loves Your Data… Wants Everything That You Have…”
Google figures that you’re so reliant on them now, that they can say the quiet part out loud…
Instead of burying obscure language in terms and conditions, they just tell you now that you’re screwed and they will take anything that they want from you:
‘Google uses information to improve our services and to develop new products, features and technologies that benefit our users and the public,’ the new Google policy says. ‘For example, we use publicly available information to help train Google’s AI models and build products and features like Google Translate, Bard, and Cloud AI capabilities.’
This is an unusual clause for a privacy policy. Typically, these policies describe ways that a business uses the information that you post on the company’s own services. Here, it seems Google reserves the right to harvest and harness data posted on any part of the public web, as if the whole internet is the company’s own AI playground.
“As if the whole internet is the company’s own AI playground…”
Let that sink in… that’s your future with Google sitting in the driver’s seat.
Hang on your hat.
What Does This Mean?
It means that investing for a return on that investment may no longer make sense, that if you’re a criminal who plays both sides, you’re likely to get away with the crime, and that a senile old man is leading you off of an economic cliff…
That’s not good.
Why Should I Care?
These headlines alone should answer that for you, but just remember you’re not immune from this - doesn’t matter how much you have, where you live, or anything else.
They are coming for what you have… ALL OF IT.
You should REALLY care.
What Should I Do?
Study EVERYTHING you can find on parallel and alternative economies.
Prepare to implement it.
If you are blessed to have means, start thinking about what you, your family, and your community are going to need, and how commerce will happen in a super local economy.
Tell people about what’s happening. Don’t argue, SHARE. Let them see it for themselves, then get them to subscribe to this newsletter.
Now.
Your future, and their future, depends on it.
James Wesley, Rawles, publisher of SurvivalBlog.com has put together a “bookshelf” list of key things you should have. CLICK HERE to access the list.
Plus a recap of the 50 things you should have handy to barter.
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