Watch The X22 Report On Video
No videos found
Click On Picture To See Larger PictureThe green new deal is falling apart. Reports have been released that shows the EV market is propped up by the government and it costs more than a gas powered car. The earning report is in and many companies are in trouble. The inflation and GDP numbers were manipulated and the next quarter is going to show it. The Fed gold holdings is zero, gold will destroy the Fed. The [DS] played their Card and it failed before it began. They decided to have a mass shooting to push gun control, [KH] said the quiet part out loud, lets take the weapons. The Speaker was the target, the house controls the purse and can be used to investigate and block what the [DS] wants to do going into 2024. The final battle is coming and the patriots are prepared to win.
Economy
Electric vehicles getting nearly $50k in subsidies per vehicle!
— Tom Fitton (@TomFitton) October 26, 2023
“Electric vehicle owners have been the beneficiaries of regulatory credits, subsidies, and socialized infrastructure costs totaling nearly 50 thousand dollars per EV. These costs are borne by gasoline vehicle…
owners, taxpayers, and utility ratepayers, who are all paying a hefty price for someone else’s EV.” —
“Proponents of EVs have falsely pushed the claim that EVs will soon cost less than gas-powered cars. This study shows that EVs are still a long way from being competitive without massive subsidies,” said TPPF’s Brent Bennett.
“The Biden administration’s stringent fuel economy standards and regulatory manipulations are driving American automakers toward bankruptcy and adding thousands of dollars to the cost of every gasoline vehicle. Rolling back these subsidies and burdensome regulations would save consumers money and stop the auto industry from falling off a financial cliff.” Key Points: The cost of producing electric vehicles (EVs) is far higher than the prices they are being sold for.
Nearly $22 billion in federal and state subsidies and regulatory credits suppressed the retail price of EVs in 2021 by an average of almost $50,000. Thanks to an unlawful multiplier, EVs receive nearly seven times more credits under federal fuel efficiency programs than they provide in actual fuel economy benefits.
Regulatory credits with bonus EV multipliers from federal fuel efficiency and greenhouse gas emissions standards and state EV sales mandates provide an average of $27,881 in benefits per vehicle for producers of EVs.
Home and public charging stations used by EVs put a significant strain on the electric grid, resulting in an average of $11,833 in socialized costs per EV over 10 years, which are shouldered by utility ratepayers and taxpayers. Direct state and federal subsidies for EVs average $8,984 per vehicle over 10 years.
Farmers dumped tires, manure and slurry in front of state buildings in Pau and Bayonne to protest against rising prices
— Wall Street Silver (@WallStreetSilv) October 26, 2023
🔊 … 🚨🚨🚨
French farmers are by far the best protesters in the world. This is expert level that other countries should strive to match. pic.twitter.com/oxfuDWGhxN
🚨Tech stocks have lost +$200 billion since reporting earnings.
— Genevieve Roch-Decter, CFA (@GRDecter) October 26, 2023
Despite mostly beating earnings, these stocks are getting hammered.
Except for Microsoft – it’s gained +$75B in value!
Next month: NVIDIA and Apple report in Nov.
Fingers crossed 🤞 pic.twitter.com/MJ0dx7KvKA
If fixed (factories, machines, etc.) investment had almost no growth last quarter, where'd the investment surge come from? Inventories. Firms stocked up to avoid future price increases, which contributed a whopping 1.32 percentage points to GDP, or 27% of Q3 growth: pic.twitter.com/Mr21B1coDI
— E.J. Antoni, Ph.D. (@RealEJAntoni) October 26, 2023
But it's good that consumer spending is growing fast, right? Not in this case, because the rise in real spending is fueled by depletion of savings and going into debt – once again, this is not sustainable; real disposable income fell again last quarter: pic.twitter.com/otpRvKL1Fe
— E.J. Antoni, Ph.D. (@RealEJAntoni) October 26, 2023
TLDR: this GDP report is classic case of short but unsustainable burst in economic growth; indicators still pointing to downturn next year and the exploding federal deficit is going to compound the problem – Treasury already borrowed $500 billion this month alone – buckle up… pic.twitter.com/WCr2sLqLfE
— E.J. Antoni, Ph.D. (@RealEJAntoni) October 26, 2023
Adults With A Full-Time Job-
— Rasmussen Reports (@Rasmussen_Poll) October 26, 2023
"Over the past two years, has your income kept up with the rate of inflation?"
Yes: 40%
No: 55% 👈
Not Sure: 5%
"Have you worked more hours or taken an extra job to help keep up with inflation?"
Yes: 51%👈
No: 47%
Not Sure: 2%#BidenWreckEconomics https://t.co/aZ1NLxNURE
Dollar’s Fate Is Sealed As Fed’s Independence Eroded
Before the Glass-Steagall Act of 1932, which allowed the Fed to borrow against a broader range of collateral, its balance sheet consisted mainly of gold.
As its size has mushroomed over the decades, it has also deteriorated in quality, consisting of more assets of a riskier nature (the Fed was willing to buy high-yield corporate debt during the pandemic), while the proportion of gold held has fallen to near zero.
That trend is set to continue as the balance sheet increasingly becomes subservient to the government’s borrowing needs, leaving the dollar facing no escape from its multi-decade debasement.
Source: zerohedge.com
Political/Rights
Congressman Jamaal Bowman (D-NY) turned himself in to the police on charges of a misdemeanor for intentionally pulling a fire alarm in the Cannon House Office Building.
According to a Breitbart News report, after tearing down warning signs, the former teacher pulled the fire alarm, thus prompting a full-scale law enforcement and emergency response. The building was evacuated for approximately one and a half hours, according to court filings.
Not only did this delay the passage of the bill, but it also consumed valuable resources, like the time and effort of law enforcement agencies and emergency services.
“I admitted that from the very beginning… gotta take responsibility for it. We have a deal in place, so looking forward to paying the fine, and three months later it being dismissed, and hopefully, continuing to do work in my district.”
What is striking here is the leniency shown towards Bowman, who is getting away with a mere slap on the wrist: a fine and the charge being dropped after three months. This is in stark contrast to the sentences handed down to supporters of former President Trump who entered the Capitol on January 6, 2021. Many of those individuals face lengthy federal prison terms.
Bowman, a far-left “squad” member who smeared demonstrators at the Capitol on Jan. 6, 2021, as “violent insurrectionists” whose “terrorist attack” warranted a federal crackdown, will pay a $1,000 fine and serve three months of probation. The fire alarm charge will then be “dismissed from his record under an agreement with prosecutors,” according to the Associated Press.
BidenGate: Most Voters Suspect FBI in Cover-Up
— Rasmussen Reports (@Rasmussen_Poll) October 26, 2023
60% of Likely U.S. Voters believe it is likely that top officials at the FBI have helped cover-up wrongdoing by Biden or his family members, including 48% who think it’s Very Likely.https://t.co/nJefhIBuQL https://t.co/vo395eyJxV
Judge denies Trump team’s requests for immediate verdict in fraud trial after Cohen testimony
Cohen testified Trump did not ask him to inflate numbers on his personal financial statements
Source: foxnews.com
long before she knew anything about me. This is Judicial Misconduct, coupled with Prosecutorial Misconduct, and somebody from the State of New York must step in and stop this Complete & Total Miscarriage of Justice!
Election Interference by my Political Opponent!
Trump Cleared of Any Wrongdoing After Four-Year Investigation
Former President Donald Trump has been cleared of at least one of the many nuisance charges Democrats have thrown at him since he left office in 2020.
After a lengthy, four-year review, a Department of Justice watchdog has officially found that Trump did not improperly influence the FBI’s decision to keep its headquarters in Washington, D.C., instead of moving it to Virginia or Maryland, according to a DOJ report.
Talk of moving the FBI out of the famed J. Edgar Hoover Building in downtown D.C. started 20 years ago and in 2014, the bureau began seriously considering moving to new offices.
The initial plan was to turn the building over to a developer, which would then build a new office complex in whatever location the bureau ultimately chose for its new facility. The deal was labeled an “exchange procurement.”
Democrats began accusing Trump of meddling in the FBI’s plans to move to a suburban campus during a meeting in January of 2018 that included members of the GSA, the FBI and the Trump White House.
Source: thegatewaypundit.com
New York City officials are considering handing out free tents to arriving illegal immigrants and setting up campsite shelters in public parks as a massive influx of asylum seekers and migrants arrive in the Big Apple.
Currently, the city has over 65,000 people being housed, but that number is expected to rise and will leave thousands in the streets without housing.
The talks of handing out free tents and creating encampments in New York Parks are eerily similar to New York’s previous history of Hooverville in Central Park.
In the 1930s, during the Great Depression, New York City’s Central Park was taken over by unemployed workers who built shanty towns out of leftover scrap metal, cardboard, and wood.
These various shanty towns that stretched out in several major U.S. cities were called Hoovervilles due to many Americans believed President Herbert Hoover caused the Great Depression.
Per The New York Post:
Source: thegatewaypundit.com
Sweden has just announced that they will be deporting any migrants that make less than 2,322 euros per a month.
— Candace Owens (@RealCandaceO) October 25, 2023
Well done, Sweden. https://t.co/F5bkk910Nd pic.twitter.com/jCT96mwtJ9
Geopolitical/Police State
New York City’s Overreach: Federal Judge Strikes Down ‘Unconstitutional’ Gun Restrictions
A Victory for the Second Amendment and the Rule of Law
In a crucial victory for the Second Amendment and civil liberties, a federal judge on Tuesday ruled that New York City’s gun restrictions violated both the Second and 14th Amendments of the U.S. Constitution.
Judge John P. Cronan, in a 48-page ruling, specifically criticized the city for allowing broad discretion to local officials in denying gun permits. This is an important development in the fight for gun rights and could have nationwide implications.
The city’s rules were ambiguous at best and authoritarian at worst, providing city officials with almost unchecked authority to deny an individual’s constitutional right to bear arms. Provisions enabling officials to evaluate an applicant’s “good moral character” and to determine whether “good cause exists for the denial” of gun permits were cited by Judge Cronan as evidence of this overreach.
Notably, Judge Cronan said, “This case is not about the ability of a state or municipality to impose appropriate and constitutionally valid regulations governing the issuance of firearm licenses and permits. The constitutional infirmities identified herein lie not in the City’s decision to impose requirements for the possession of handguns, rifles, and shotguns.”
Judge Cronan issued a stay in his ruling until midnight Thursday, giving the city a small window to file an appeal. But even if an appeal is filed, this ruling sends a powerful message. It reminds overzealous lawmakers that constitutional rights are not up for debate and are certainly not subject to bureaucratic whims.
Source: thegatewaypundit.com
War
The international military support for Ukraine just suffered a tremendous blow in neighboring Slovakia.
Source: thegatewaypundit.com
On Thursday, Rep. Marjorie Taylor Greene (R-GA) introduced a resolution to censure Michigan Democrat Rep. Rashida Tlaib for “antisemitic activity,” “sympathizing with terrorist organizations,” and “leading an insurrection at the United States Capitol complex” with radical pro-Hamas groups.
The resolution will be voted on next week.
You can read the full resolution here.
Source: thegatewaypundit.com
Americans are being held hostage by Hamas terrorists.
— Steve Guest (@SteveGuest) October 26, 2023
Meanwhile, the Biden State Department is devoting the time and resources to mark Intersex Awareness Day. https://t.co/dQY5PprXEk
House Approves Resolution Backing Israel In New Speaker’s First Move
The House on Wednesday approved a resolution that expressed strong support for Israel, the first bill brought to the floor after Rep. Mike Johnson (R-LA) was elected as the chamber’s new speaker.
The resolution passed in a vote of 412-10 and says that the US “stands” with Israel in the wake of the October 7 Hamas attack and as Israel is relentlessly bombing Gaza. The resolution reaffirmed the US commitment to providing military aid to Israel and said Congress will work to pass more.
The bill says the House “stands ready to assist Israel with emergency resupply and other security, diplomatic, and intelligence support.” It also called for the US to continue enforcing sanctions on Iran and condemned the Hamas attack.
Nine Democrats voted against the resolution, including Reps. Jamaal Bowman (NY), André Carson (IN), Cori Bush (MO), Al Green (TX), Summer Lee (PA, Alexandria Ocasio-Cortez (NY), Ilhan Omar (MN), Delia Ramirez (IL) and Rashida Tlaib (MI). The sole Republican who voted against the measure was Rep. Thomas Massie (KY).
Source: zerohedge.com
The Brooklyn woman caught tearing down photos of missing children kidnapped by Hamas is Kelly Ann Schaffer. She was arrested at an antifa riot in Bergen County, N.J. in 2021 (photo below). Her vandalizing accomplice is her husband, Noah Schaffer. Read: https://t.co/4qPUSC4VqR
— Andy Ngô 🏳️🌈 (@MrAndyNgo) October 25, 2023
Iran-backed militant groups continue to attack U.S. troops based in Iraq and Syria despite repeated threats from Biden administration officials that the U.S. will respond.
An Iran-backed militia behind the latest attacks on U.S. troops in the Middle East took credit for two more strikes Wednesday and Thursday after President Joe Biden said on Wednesday he warned Iran the U.S. would respond.
Iran-backed militias began striking at U.S. troops posted in Iraq and Syria on Oct. 17, compelling the Pentagon to rush additional air defenses to the Middle East and warn of intensifying threats to American military personnel in the near term. Multiple U.S. officials, including now President Joe Biden, have publicly threatened Iran’s leaders the U.S. would retaliate if Iran continued allowing its proxy groups to target troops stationed in the Middle East, but so far all known measures have been defensive.
Source: dailycaller.com
Good Morning !
— Rasmussen Reports (@Rasmussen_Poll) October 26, 2023
“How concerned are you that the current conflict in Israel will lead to a terrorist attack on the United States?”
43% Very concerned
32% Somewhat concerned
18% Not very concerned
4% Not at all concerned
3% Not surehttps://t.co/1k64SV7jyL https://t.co/UGAZJ5SLv9
False Flags
World Health Organization chief Tedros Adhanom recently called for world governments to “follow through with national ratification” of the WHO pandemic treaty after “disinformation” eroded “trust between people, governments and institutions.”
The reason people have lost trust in the WHO is because Dr. Tedros lies and covers for Communist China.
Source: thegatewaypundit.com
🚩 New FDA Study Finds COVID Vaccines May Slightly Increase Risk of Stroke in Older Adults, Particularly When Administered w/ the Flu Vaccine
— Chief Nerd (@TheChiefNerd) October 26, 2023
“It is the second study to find an elevated risk of stroke for seniors after Covid-19 and flu vaccinations given together.
In additional… pic.twitter.com/O2sMpOBuRQ
analysis of the Medicare claims data, the FDA researchers found a very slightly increased risk of stroke in adults ages 65 and older who’d only gotten a high dose flu shot. Researchers say they are continuing to probe the possible link, but in the meantime, they say everyone should still get vaccinated…Schaffner said people who are worried could consider getting each shot at different times rather than together. ‘That’s a reasonable thing to do,’ he said.”
Q
The Fake News and leftist rags are having an absolute meltdown over election denier Mike Johnson becoming Speaker 😆
— Patri0tsareinContr0l (@Patri0tContr0l) October 25, 2023
WINNING! 🇺🇸 pic.twitter.com/jMOyTP18Iw
This is awesome 🤣 https://t.co/HmyofVcIG2
— TheStormHasArrived (@TheStormRedux) October 26, 2023
Hakeem Jeffries wrote the book on Election Denial pic.twitter.com/wSauXIiybN
— RNC Research (@RNCResearch) October 25, 2023
"This means, contrary to what Dominion has publicly stated, that at least some machines had access to the internet on election night. Shortly after the unauthorized access was recorded, the machine failed and was reset, wiping all voting history and forcing that election… https://t.co/9yXBvrQz5Z pic.twitter.com/xbQpwtJ3yc
— Rasmussen Reports (@Rasmussen_Poll) October 26, 2023
administrator to rely on unverifiable paper printouts from the failed machine.”