90 Miles From Tyranny

Sunday, October 17, 2021

DC Comics Goes Anti-American: Superman Officially Gets New Motto, Drops 'The American Way'

On Friday, it was revealed Superman is getting a brand-new catchphrase, as the iconic DC Comics hero will fight for “Truth, Justice and a Better Tomorrow." At DC FanDome, DC Chief Creative Officer and Publisher Jim Lee revealed the Man of Steel will officially be dropping the "American Way" from his motto and instead, which will be replaced by the phrase "a Better Tomorrow." The new catchphrase better embodies the hero's ultimate mission of making the world a better place.

Related: Superman Comic Taking On New Enemy, President Trump

Related: Superman Is Dead To Me...

Superman is one of the most recognizable pop culture figures on the planet, as he originally debuted in Action Comics #1 in 1939. The hero has always been connected to the United States, as The Man of Tomorrow crash-landed on Earth and ended up being raised in Smallville, Kansas in the United States. However, despite his longtime motto suggesting he fights for the American Way, Superman has long fought for everyone across the globe - meaning his motto hasn't been all-encompassing as it should be. Now, Superman is officially losing "The American Way" from his iconic catchphrase. MORE DETAILS WILL BE ADDED SOON.

Are You Prepared for the Mass Repricing of Goods and Services?

Rising consumer price inflation is not going away. This, of course, is counter to the “transitory” argument made by Federal Reserve Chairman Jerome Powell earlier this year.

Powell’s cohort, Atlanta Fed President Raphael Bostic, recently admitted inflation is not transitory. This admission comes with assurances the Fed will properly manage it. We have some reservations.

The effects of rising consumer prices range far and wide. For one, the pinch rising prices put on consumers is extraordinarily disruptive. It acts like a hefty tax…eroding family budgets that are already stretched. In this ongoing staglation, personal income gains lag far behind rising consumer prices.

Industrial materials and consumer goods companies also feel the pinch. They can pass on some rising prices to consumers. They can also absorb through lower profit margins some short term price increases. But there are natural limits to what price increases can be absorbed and passed along.

When input costs, including raw material and labor, push the costs of the final manufactured goods above what they can readily be sold for the business motive breaks down. Halting operations makes the most business sense.

One industry feeling the pinch of rising natural gas prices is the fertilizer business. As we noted several weeks ago, several fertilizer plants in the UK have had to suspend operations because of soaring natural gas prices. Here in the US we’re not aware of any fertilizer producers suspending operations. But fertilizer prices are up, nonetheless.

In fact, the Green Markets North American Fertilizer Price Index recently soared to a record high, thus eclipsing the prior record set in 2008. Sky high fertilizer prices will further raise the cost of food production for farmers.

According to the Food and Agriculture Organization’s global food index, food prices are already at a decade high. Plus, when you factor in the grow season in North America doesn’t begin until late-March, the increased fertilizer input costs, could lead to persistent food inflation well into 2022.

But it’s not just food. Here’s one instructive example of how price inflation discombobulates the economy…
Someone Gets Squeezed

The price of cotton just surged to a 10-year high. Rising cotton prices translate into...

Globalism In The Bible:

Revelation 13:16-17
Also it causes all, both small and great, both rich and poor, both free and slave, to be marked on the right hand or the forehead, so that no one can buy or sell unless he has the mark, that is, the name of the beast or the number of its name.

Revelation 17:9-13
This calls for a mind with wisdom: the seven heads are seven mountains on which the woman is seated; they are also seven kings, five of whom have fallen, one is, the other has not yet come, and when he does come he must remain only a little while. As for the beast that was and is not, it is an eighth but it belongs to the seven, and it goes to destruction. And the ten horns that you saw are ten kings who have not yet received royal power, but they are to receive authority as kings for one hour, together with the beast. These are of one mind, and they hand over their power and authority to the beast.

Revelation 13:1-18
And I saw a beast rising out of the sea, with ten horns and seven heads, with ten diadems on its horns and blasphemous names on its heads. And the beast that I saw was like a leopard; its feet were like a bear's, and its mouth was like a lion's mouth. And to it the dragon gave his power and his throne and great authority. One of its heads seemed to have a mortal wound, but its mortal wound was healed, and the whole earth marveled as they followed the beast. And they worshiped the dragon, for he had given his authority to the beast, and they worshiped the beast, saying, “Who is like the beast, and who can fight against it?” And the beast was given a mouth uttering haughty and blasphemous words, and it was allowed to exercise authority for forty-two months. ...

Genesis 19:1-38
The two angels came to Sodom in the evening, and Lot was sitting in the gate of Sodom. When Lot saw them, he rose to meet them and bowed himself with his face to the earth and said, “My lords, please turn aside to your servant's house and spend the night and wash your feet. Then you may rise up early and go on your way.” They said, “No; we will spend the night in the town square.” But he pressed them strongly; so they turned aside to him and entered his house. And he made them a feast and baked unleavened bread, and they ate. But before they lay down, the men of the city, the men of Sodom, both young and old, all the people to the last man, surrounded the house. And they called to Lot, “Where are the men who came to you tonight? Bring them out to us, that we may know them.” ...

Donald Trump now betting favorite to win 2024 presidential election

For the first time since Donald Trump left office, he has surpassed Joe Biden as the betting favorite to win the 2024 presidential election.

Trump emerged as the favorite Monday at multiple offshore sportsbooks to return to the White House in 2024. On Wednesday, he became the top choice over President Biden at Smarkets, a London-based betting exchange. Trump also is now the favorite at Ladbrokes sportsbook in London.

According to Smarkets, the former president has a 20 percent chance, which equates to odds of 4-1, of winning the 2024 election after having fallen as low as 3 percent, or 32-1, in the wake of the U.S. Capitol attack in January.

Biden’s odds dropped to 19 percent (+426), and Vice President Kamala Harris’ odds dropped to 13 percent (+669).

“It’s a pretty staggering development to find a defeated one-term president taking over as favorite from the incumbent who beat him, but we know by now that Donald Trump is no ordinary politician,” Smarkets head of political markets Matthew Shaddick said. “It’s early days, but the latest market signals suggest there is every chance we could be heading for a Biden vs. Trump rematch in 2024 with Trump currently having a very slight edge, according to the betting.”

At Ladbrokes, Trump is a +350 favorite over Biden (4-1) and Harris (5-1).

All betting odds can be converted into an implied chance, or percentage, of something happening, and that is how Smarkets presents its odds.

Trump is the heavy favorite at Smarkets to be the 2024 Republican nominee with a 45 percent chance (+122).

“Trump’s odds have been improving all year and in particular since Biden’s poll ratings began declining this summer,” Shaddick said. “There is absolutely no sign of Republican voters deserting him, and he leads every...

The Lies Are Never-ending, Will It Break Your Will Or Strengthen Your Resolve?

Be The Wolf.

Under Biden Administration Plan, Poor Would Be Three Times More Likely To Get IRS Audit Than 1 Percenters

Under a new Biden administration proposal, the Internal Revenue Service is three times more likely to audit a citizen making less than $25,000 rather than someone in the top 1 percent of wealth.

The new proposal, which would require financial institutions to annually report customers’ account deposits and withdrawals at $600 or more, gives the IRS more leverage over those making less than $25,000, because they are more likely to have irregular income. Over the next decade, the reporting on more than 140 million bank accounts would raise an estimated $700 billion in tax revenue — which would cover social spending in the Reconciliation Bill.

Discussion of raising the threshold to $10,000 has not eased any tension. More than 40 banks urged lawmakers to vote against such a proposal in a letter addressed to House Speaker Nancy Pelosi and Minority Leader Kevin McCarthy. The banks warned against the mandatory collection of most Americans’ financial information “without proper explanation of how the IRS will store, protect, and use this enormous trove of personal financial information” could result a “tremendous liability”

“With all due respect, the plural of anecdote is not data,” Pelosi said. “Yes, there are concerns that some people have. But if people are breaking the law and not paying their taxes, one way to track them is through the banking measure.”

Currently, financial regulations already have banks and all financial institutions report interest, dividends, and investment income to the IRS. If suspicion is raised and leads to an audit, the IRS can acquire all personal...