The Destruction of America

Biden’s $500 Million Bet Against American Energy

Joe Biden is a criminal!

The Biden Administration announced that it is approving $500 million in financing for oil development in the Middle East. The funding will be directed primarily to Bahrain and comes as the U.S. braces for a new oil shortage by the end of next year.

The U.S. Export-Import Bank will be the vehicle for the payments designed to increase foreign oil and gas production. The payment will be five times the amount initially authorized by Congress and is the latest episode in Biden’s mission to destroy domestic energy production.

This funding follows the administration’s pattern of imposing stringent restrictions on domestic oil and gas production. The measures include the most restrictive offshore oil and gas leasing schedule in U.S. history and the cancellation of seven oil and gas leases in Alaska.

Additionally, the Biden Administration has attempted to remove millions of acres of federal lands from potential oil and gas development. This move contrasts sharply with the increase in U.S. oil production toward the end of 2023, primarily due to state and private land activities.

Biden, in three long years, has totally destroyed the United States economy...on purpose.

When is the next revolution?

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The Dark Money Machine Behind Progressive Election Efforts

Arabella Advisors is the biggest name in politics you’ve never heard

The left’s equivalent of the Koch network, Arabella Advisors, is a powerhouse distributor of mega money to progressive PACs and Democrat campaigns.

"Arabella Advisors is a Washington, D.C.-based for-profit consulting company that advises left-leaning donors and nonprofits about where to give money and serves as the hub of a politically liberal "dark money" network.[2] It was founded by former Clinton administration appointee Eric Kessler.[2] The Arabella network spent nearly $1.2 billion in 2020[3] and raised $1.35 billion in 2022.

The firm is deeply involved with some of the most prominent financiers of progressive policies and Democratic Party candidates. It manages a complex network of tax-exempt, nonprofit organizations that quietly funnels money to progressive organizations, political action committees, and the campaigns of Democratic Party candidates." [Wikipedia]

In 2020 and 2022, according to federal election finance filings and nonprofit tax forms, groups linked to Arabella were active in financing Democrats and left-leaning get-out-the-vote efforts. A leader of one of the funds connected to Arabella has already promised to keep up their efforts in 2024.

In 2020, in the run-up to the general election between now-President Joe Biden and President Donald Trump, those groups funneled hundreds of millions of dollars to organizations that were intimately involved in a myriad of activities, including efforts to get out the vote, facilitate mail-in voting, explicitly oppose President Trump’s campaign, or support President Biden’s campaign.

And 2024 will be a doozy!

Epoch Times

Lake Worth Special Meeting tonight--Financing Scheme

Special City Commission Meeting tonight

The League of Cities did a survey and found that 96% of cities are seeing budget shortfalls due to unanticipated revenue declines, which are a result of lost revenue sources from services such as permitting fees, utility fees and sales taxes. Lake Worth is no exception. We just had a dust-up that went viral a few months ago about customers not paying Lake Worth Utilities.

So, the commission will vote to consider a financing plan to provide for the temporary funding of reserves for cash flow deficits brought on by the financial impact upon the City of the COVID-19 pandemic.

ORDINANCE 2020-04

(a) The City faces an unprecedented and temporary strain on its finances due to the financial impacts of the COVID -19 pandemic.
(b) It is vital to the citizens of the City that basic city services continue to be provided.
(c) The City desires to incur short-term Obligations to continue to fund essential City services as a “Project” vital to the needs of citizens of the City.

In the explanation, the City says:

Dependent on the borrowing process, the principle being considered is between $10 to $20 million thereby providing opportunity to fund capital projects. The annual debt service, interest payment, for each $10 million at 3% is $300,000, which will be allocated between each fund based on its use of proceeds. Additionally, I would recommend creating a sinking fund if the debt is structured with a balloon payment. This would equal $1million per year also allocated by fund.

Directly following this meeting, a workshop has been called to discuss vacation rentals, business licenses, and an update of the Independence Day celebration.