Bush Jr. inherited (January 20th, 2001) a Fed Funds Rate of 5.92%, which was at 4.17% at the start (January 20th) of his last (2008) year in office, where it began its final nosedive to .08% by January 4th, 2009, to raise to .23% on January 21st, 2009, to begin Obama’s 1st term.
I was recently asked if Obama should get any credit for America’s
economy during Trump’s 1st term as President.
My initial response would be to ask someone to name Obama’s
economic policies, post 2012
The Federal Funds rate was the ONLY thing that allowed Obama
to do what he did financially; and that was primarily to further enrich the
super-wealthy, through Banks and Government.
No private citizen or business can apply directly for a loan
with the Federal Reserve.
At no other point in American history, has the Federal Reserve
rate remained below .07% (that’s not 7% either) for two successive Presidential
As of July 16th, 2007, the Federal Reserve Rate
was at 5.25% and then plummeted to .08% by January 4th, 2009; two
weeks before Obama takes office.
Bush Jr. inherited (January 20th, 2001) a Fed
Funds Rate of 5.92%, which was at 4.17% at the start (January 20th) of
his last (2008) year in office, where it began its final nosedive to .08% by January
4th, 2009, to raise to .23% on January 21st, 2009, to
begin Obama’s 1st term.
Bush saw an overall rate change of – 5.84% but with a –
3.94% rate change in his last 12 months in office.
Take notice of how fast the Federal Reserve rate tumbled
towards the end of Bush Jr’s 2nd term.
This was done in preparation for the incoming Obama
From inauguration day of his 1st term, on January
20th, 2009, to his last day in office on January 20th,
2017, the Federal Funds rate went from a low of .20% to a high of .66%
Imagine any other President having such luxury for 96 (8
years) consecutive months.
Obama was plastic, and was completely propped up by big
business and special interests.
It actually amazes me that nearly 3 years into Trump’s 1st term, I’ve seen nearly nothing written up on the Fed doing this for those 8 years.
The Federal Reserve loaned untold TRILLIONS for 96 consecutive months, at an average rate of around .20% interest.
Again, this was a complete set-up, preparing for Obama’s
Since taking office on January 20th, 2017, Trump
began with a Federal Reserve rate of .66% and has seen 7 increases up to
December of 2018, up to the newest Federal Reserve funds rate of 2.5%, and is not
scheduled to increase again through 2019, but I sincerely doubt that holds
The Obama years never saw this rate reach 1% but it is
already @ 2.5% and will go higher before year’s end.
I believe a 2nd term for Trump would see this
rate continually rise as well.
The next major decline in the Federal Reserve rate will not occur until 12-18 months prior to the next Democrat Presidency.
We are Dismantling the Beast, one piece at a time.
This short piece is about the first African-American in the Lower-House of Congress, and only the 2nd African-American Congress member overall, and what he had to say at the time just after the Civil War, on whom it was that stood against Black Americans.
I present the following article as a reminder to all, that
the party of Racism has always been the Democrat Party; through all the
smokescreen where they talk about some “Big Switch”; though you can’t find any
evidence of any major party switch in history, but Democrats do love to trot
out any micro-victory they can find along the way.
This short piece is about the first African-American in the Lower-House of Congress, and only the 2nd
African-American Congress member overall, and what he had to say at the time
just after the Civil War, on whom it was that stood against Black Americans.
Just a bit of history first:
Mr. Joseph Hayne
Rainey – South Carolina
Congress Member from December, 1870 to March, 1879
Mr. Rainey was born
in Georgetown, South Carolina in 1832, to slaves Edward Sr.
and Grace Rainey. Edward purchased freedom for himself, his wife and 2 sons,
after doing enough side-work as an independent Barber.
Joseph found himself
conscripted (forced) in 1861 into service for the Confederate Army, along with
other free (oxymoron here) Blacks, but he and his family escaped to St.
George’s, Bermuda, and returned to South Carolina in 1866 after the end of the
While on St. George’s, Joseph
reestablished his Barber business, and his wife owned her own dressmaking
business; all on a tiny island with a majority White population.
Joseph was a
delegate to South Carolina’s Republican
Constitutional Convention in 1868, where the State prepared a new State
Constitution during the Reconstruction Era, for rejoining the Union,
following the Civil War.
The Civil Rights Act
of 1866 was the first U.S. Federal Law to define citizenship and guarantee
equal protection under the law. Originally passed the year before, the Bill was
vetoed by President Andrew Johnson, but was passed again in 1866 to support the
13th amendment. Johnson again vetoed the Bill, but Congress got its
2/3 majority in both houses, to override the veto.
(Seems a bit of
irony that a President Johnson was involved in the 1866; and the 1964 Civil
Following, is an
excerpt from a Floor-Speech Joseph Rainey gave in 1871, in response to a statement
made by U.S. House Representative Samuel S. Cox of New York, with some at the expense of Joseph
Rainey and other Black South Carolina Representatives.
(I do not own any
rights to this excerpt)
42nd Congress, Second Session (Washington, D.C.: Government Printing Office,
1872), pp. 1442, 1443.
See how familiar
some things appear:
“The remarks made by
the gentleman from New York in relation to the
colored people of South Carolina
escaped my hearing, as I was in the rear of the Hall when they were made, and I
did not know that any utterance of that kind had emanated from him. I have
always entertained a high regard for the gentleman from New York, because I believed him to be a
useful member of the House. He is a gentleman of talent and of fine education,
and I have thought heretofore that he would certainly be charitable toward a
race of people who have never enjoyed the same advantages that he has. If the
colored people of South Carolina had been
accorded the same advantages—if they had had the same wealth and surroundings
which the gentleman from New York
has had, they would have shown to this nation that their color was no obstacle
to their holding positions of trust, political or otherwise. Not having had
these advantages, we cannot at the present time compete with the favored race
of this country; but perhaps if our lives are spared, and if the gentleman from
New York and other gentlemen on that side of the House will only accord to us
right and justice, we shall show to them that we can be useful, intelligent
citizens of this country. But if they will continue to proscribe us, if they
will continue to cultivate prejudice against us; if they will continue to decry
the Negro and crush him under foot, then you cannot expect the Negro to rise
while the Democrats are trampling upon him and his rights. We ask you, sir, to
do by the Negro as you ought to do by him in justice.
If the Democrats are
such staunch friends of the Negro, why is it that when propositions are offered
here and elsewhere looking to the elevation of the colored race, and the
extension of right and justice to them, do the Democrats array themselves in
unbroken phalanx, and vote against every such measure? You, gentlemen of that
side of the House, have voted against all the recent amendments of the
Constitution, and the laws enforcing the same. Why did you do it? I answer,
because those measures had a tendency to give to the poor Negro his just
rights, and because they proposed to knock off his shackles and give him
freedom of speech, freedom of action, and the opportunity of education, that he
might elevate himself to the dignity of manhood.
Now you come to us
and say that you are our best friends. We would that we could look upon you as
such. We would that your votes as recorded in the Globe from day to day could
only demonstrate it. But your votes, your actions, and the constant cultivation
of your cherished prejudices prove to the Negroes of the entire country that
the Democrats are in opposition to them, and if they [the Democrats] could have
sway our race would have no foothold here.
Now, sir, I have not
time to vindicate fully the course of action of the colored people of South Carolina. We are
certainly in the majority there; I admit that we are as two to one. Sir, I ask
this House, I ask the country, I ask white men, I ask Democrats, I ask
Republicans whether the Negroes have presumed to take improper advantage of the
majority they hold in that State by disregarding the interest of the minority?
They have not. Our convention which met in 1868, and in which the Negroes were
in a large majority, did not pass any proscriptive or disfranchising acts, but
adopted a liberal constitution, securing alike equal rights to all citizens,
white and black, male and female, as far as possible. Mark you, we did not
discriminate, although we had a majority. Our constitution towers up in its
majesty with provisions for equal protection of all classes and citizens.
Notwithstanding our majority there, we have never attempted to deprive any man
in that State of the rights and immunities to which he is entitled under the
Constitution of this Government. You cannot point me to a single act passed by
our Legislature, at any time, which had a tendency to reflect upon or oppress
any white citizen of South Carolina.
You cannot show me one enactment by which the majority in our State have
undertaken to crush the white men because the latter are in a minority.
I say to you,
gentlemen of the Democratic party, that I want you to deal justly with the
people composing my race. I am here representing a Republican constituency made
up of white and colored men. I say to you deal with us justly; be charitable
toward us. An opportunity will soon present itself when we can test whether you
on that side of the House are the best friends of the oppressed and ill-treated
Negro race. When the civil rights bill comes before you, when that bill comes
up upon its merits asking you to give civil rights of the Negro, I will then
see who are our best friends on that side of the House.
I will say to the
gentleman from New York
that I am sorry I am constrained to make these remarks. I wish to say to him
that I do not mind what he may have said against the Negroes of South Carolina.
Neither his friendship nor his enmity will change the sentiment of the loyal
men of that State.
We are determined to
stand by this Government. We are determined to use judiciously and wisely the
prerogative conferred upon us by the Republican party. The democratic party may
woo us, they may court us and try to get us to worship at their shrine, but I
will tell the gentleman that we are republicans by instinct, and we will be
Republicans so long as God will allow our proper senses to hold sway over us”
Sounds like the good
ole Democrats were already bribing and blackmailing Blacks.
I found this to be
an interesting piece of history.
We are Dismantling
the Beast, one piece at a time.
I really need somebody to explain this shit, and I want Trump to address this problem. I take it that seriously
The subject for my next Youtube Podcast on The R.A.F.O.N. Report.
Congress-Woman Ms. Omar says (About America) ” “is not going to be the country of white people.”
I really need somebody to explain this shit, and I want Trump to address this problem. I take it that seriously
I believe I’m genuinely triggered about this……………………..
I want to know why OPEN and BLATANT racism against Whites is legal in this country
I want to know why it’s allowed, encouraged, and promoted
This isn’t about Ms. Omar; she is merely an example I chose
This isn’t about her being Black
This isn’t about her having breasts or a vagina
This isn’t about her being a female; if that’s her preferred pronoun 😉
This isn’t about her being from Somalia
On the streets of New York City (And other places around the country), Black Hebrew Israelites are LEGALLY allowed to stand on public sidewalks and hurl their racism at Whites and even Asians
Universities now offer courses promoting racism towards Whites; with countless faculty, staff, etc… promoting racism against Whites
Entities under the umbrella of Black Lives Matter, openly admit they want revenge against the Whites, for slavery and other White-Power BULLSHIT
Countless Hispanic agencies, entities, and personas, proudly and loudly engage in racism against Whites on a daily basis, all over this country
Newspapers, Books, Movies, Songs, Billboards, Theatrical Plays, etc…. all produce anti-White rhetoric
Multitudes of State Government Employees are openly racist against Whites
Multitudes of Muslims in America (Including Ms. Omar specifically) openly spew racist venom against Whites
Now it’s being shouted from our Congressional Representatives, on a much grander scale than ever before; especially with the Left’s newest spokes-people: Omar, Talib, Cortez, etc…
It’s tolerated, protected; and even defended by countless law enforcement agencies; and government municipalities across America
Even businesses across the country are engaging in open racist policies towards Whites
Then we have the “Honorable” “Reverend”, Louis Farrakhan, who openly says the Whites are the Devil and deserve to be slaughtered
We can add Reverends Jessie Jackson and Al (Not-So) Sharpton to that list as well
Racism will never end in this world, but this Anti-White breed is some serious shit that’s gonna hit the fan eventually.
For all their bluster about true instances of White Racism, their Anti-White rhetoric is awakening a monster they do not want to be released; and another sad aspect of this is that these people don’t even realize just how much they’re being used and manipulated, by some of the very people that want a majority of us all dead
Anti-White Racism is only one tool in the box for those who specialize in the Plantation Politic’s agenda of the Elite’s Divide & Conquer scheme, and it’s awakening an entity that was “largely” asleep, for many decades.
As a student of world history; and even though racism will always exist, this “round” is not going to end well.
With all the hatred and rhetoric against White people, I remind others of history that precedes us………….
You’re watching a complete repeat of how so many Whites grew to accept, embrace, love and defend racism against Black people.
We all know how that ended up, but fools do not learn.