U.S. credit card defaults have surged to their highest levels since 2008. Lenders have written off $46 billion in delinquent balances in the first nine months of 2024—a 50% increase from last year.
"What makes our economy grow? Consumer spending fueled by unsustainable debt," warns Taylor Kenney in her latest video. "The cracks in this system are widening, and when the spending stops, the illusion of growth will collapse."
Kenney highlights how the so-called "economic recovery" has left one-third of Americans drowning in debt, with zero savings and rising defaults on everything from auto loans to mortgages. Meanwhile, the Fed's rate hikes and inflated costs of living have turned a fragile economy into a ticking time bomb.
"This isn’t real growth—it’s a carefully crafted illusion," she cautions. As household debt hits record highs and store closures accelerate, the ripple effects of this debt-fueled collapse could lead to mass layoffs, rising unemployment, and stock market chaos.
After a New Orleans terrorist attack by an ISIS supporter from Houston, Texas, and amid intensifying warnings of Islamic terrorist threats within the U.S., a resurfaced clip showing hundreds of American children in Houston wearing traditional Islamic dress, chanting references to Iran’s supreme leader, pledging allegiance to him, and praising martyrdom has reignited concerns over growing homegrown Islamic extremism.
The chilling video, aired by Iranian state media in 2022, raises concerns about the spread of various forms of Islamic extremism within the U.S., highlighting ideological influences that extend beyond specific groups like ISIS or Iran’s regime.
Surprise! House Releases Bombshell Report on January 6 Pipe Bomber Revealing FBI Engaged in Massive Coverup and Refuses to Cooperate with Investigators
Hundreds of pro-Palestinian protesters marched in New York City on New Year’s Day for “intifada,” blocking Sixth Avenue in Manhattan just hours after a terror attack in New Orleans, Louisiana, and an explosion in Las Vegas, Nevada.
Attendees chanted “Resistance is glorious — we will be victorious,” “We will honor all our martyrs,” and “Gaza, you make us proud.” They carried signs that said “Zionism is cancer,” “No war on Iran,” and “End all US aid to Israel.”
“There is only one solution — Intifada revolution,” they chanted, using a common refrain at anti-Israel rallies in the US. “Intifada,” Arabic for “uprising,” is associated with the Second Intifada, a period of terror attacks in Israel in the early 2000s marked by suicide bombings.
…
A handful of pro-Israel counter-protesters showed up to wave Israeli and American flags on the sidelines of the demonstration, while heckling the anti-Israel activists. A Jewish retiree led chants of “Get a job” directed at the protesters.
The New Orleans attack took place in the early hours of the morning, when Shamsud Din Jabbar, who had reportedly pledged loyalty to ISIS, rammed his car into a crown on Bourbon Street, killing more than a dozen people.
In Las Vegas, a Tesla cybertruck that was packed with explosives exploded outside the entrance to the Trump Hotel, killing at least one person and injuring several more. The suspect in the latter attack died in the explosion, police said.
A subterranean Hamas data center underneath UNRWA’s headquarters in Gaza City, Februarv 8, 2024. (IDF)
Institute for Contemporary Affairs
Founded jointly with the Wechsler Family Foundation
Vol. 25, No. 1
Israeli authorities found that more than 2,135 UNRWA employees were also terrorists in either Hamas or Palestinian Islamic Jihad (PIJ). One-fifth of UNRWA school administrators were Hamas terrorists, and 10% of the senior positions (school principals and their deputies, directors, and deputy directors of training centers) were members of Hamas or PIJ.
UNRWA’s facilities in Gaza had been turned into terror bases. Hamas had dug extensive tunnels under UNRWA headquarters in Gaza City in which they placed one of their main computer server farms. The electricity for the computers, as well as water, came directly, and in plain sight, from within UNRWA’s headquarters.
Having concluded that UNRWA had lost all credibility and morphed into a vassal of the terrorists, Israel’s Knesset passed laws on Oct. 28, 2024, to end Israel’s June 1967 invitation to UNRWA to operate in Israel, Judea, Samaria, and Gaza. The laws will come into full force on January 30, 2025.
For 76 years, UNRWA has served as the primary vehicle for perpetuating the lie that the “Palestine refugees” will one day demographically and democratically destroy Israel. Under UNRWA, the number of “Palestine refugees” has swelled from 711,000 in 1949 to six million in 2023.
Despite having been given sufficient notice, terror-infested UNRWA is refusing to wrap up its operations and transfer its functions to other actors. It would seem that UNRWA believes it can force itself upon Israel, irrespective of the new legislation.
However, by acting in this manner, UNRWA is doing a disservice to the people to whom it provides services. The international community would be wise to find suitable alternatives.
The active participation of employees of the United Nations Relief and Works Agency for Palestine Refugees (UNRWA) in the October 7, 2023, massacre opened a Pandora’s box. Delving into the details, Israeli authorities revealed that more than 2,135 UNRWA employees were also terrorists in either Hamas or Palestinian Islamic Jihad (PIJ).1 One-fifth of UNRWA school administrators were Hamas terrorists,2 and 10% of the senior positions (school principals and their deputies, directors, and deputy directors of training centers) were members of Hamas or PIJ.3 The ground operations in Gaza further revealed that UNRWA’s facilities in Gaza had also been turned into terror bases. Under UNRWA’s headquarters in Gaza City, Hamas had dug extensive tunnels in which they placed one of their main computer server farms. The electricity for the computers, as well as water, came directly, and in plain sight, from within UNRWA’s headquarters.
Having concluded that UNRWA had lost all credibility and morphed into a vassal of the terrorists, Israel took decisive action. Pushed by legislators, on October 28, 2024, the Knesset passed two complementary laws.
The “Law to Cease the Operations of UNRWA in the Territory of the State of Israel”4provides that UNRWA will be banned from having any representative branch, will not provide services, and will not conduct any operations, directly or indirectly, in Israel’s sovereign territory.
The “Law to Cease the Operations of UNRWA”5 stipulated that Israel’s June 1967 invitation6 to UNRWA to operate in Israel, Judea, Samaria, and Gaza, would end, symbolically, exactly one year after the massacre on October 7, 2024. To meet formal requirements, Israel’s Minister of Foreign Affairs was required to inform the UN of the decision. The main operative clause of the law added, “A government authority, including other bodies and individuals performing public duties according to law, shall not have any contact with UNRWA or anyone acting on its behalf.”
Letter sent to UN on behalf of Israel’s Foreign Minister
Both laws provided that they would come into full force three months after their publication. Since the laws were published in the Official Gazette on October 30, 2024, they are set to come into full force on January 30, 2025.
For 76 years, UNRWA has served as the primary vehicle for perpetuating the lie that the “Palestine refugees” will one day demographically and democratically destroy Israel. As opposed to all other refugees around the world, including but not limited to the millions of Jewish refugees created as a result of WWII and thereafter the mass expulsions of Jews from the Arab countries after the establishment of Israel, whose number gradually decreased after their resettlement, under UNRWA the number of “Palestine refugees” has swelled from their original 711,000 in 1949 to an over-inflated and unreliable8 six million in 2023. The Palestinian leadership adopted UNRWA, turning the so-called “right of return” of the “Palestine refugees” into a sacred cow, to be weaponized against Israel and as a means to justify refusing repeated offers of peace.
While UNRWA’s hostility towards Israel, its warped school curriculum that contains open incitement to terror, and the denial of Israel’s right to exist were all well-documented and were known before the massacre, Israel chose to turn a blind eye for decades. That changed with the events of October 7, 2023, and the ever-increasing exposure of the extent of the terror infiltration into the ranks of the agency.
A Hamas UAV found in a UNRWA facility in Gaza (IDF)
UNRWA operates in Israel, Gaza, Judea, and Samaria at the invitation of Israel. Following the request, Israel provided UNRWA with a status similar to that of other UN organizations. These special privileges include substantial tax exemptions, special UNRWA-registered vehicles, and foreign staff. Israel even turned a blind eye to building infractions in UNRWA’s main logistical compound in Jerusalem.
The legislation, passed by the Knesset, to which the government must adhere, is very clear: As of January 30, 2025, UNRWA will no longer be able to function in Israel, Gaza, Judea, or Samaria. The agency will no longer enjoy tax exemptions or other trappings associated with being a recognized organization.
UNRWA workers abducting a body from Israel on October 7, 2023. (IDF)
Despite having been given sufficient notice, terror-infested UNRWA is refusing to wrap up its operations and transfer its functions to other actors. By its actions, it would seem that UNRWA believes that it can force itself upon Israel, irrespective of the new legislation.
To achieve this goal, UNRWA, with the assistance of the Palestinian Authority, the PLO, and other international actors, is running a UN-funded global disinformation campaign, claiming that UNRWA is indispensable.
UNRWA forgets that in 2017, the Palestinian Authority, and not Israel, severed all ties with the agency. At the time, UNRWA had claimed that the PA curriculum fundamentally breached its duty of neutrality as a UN organization and demanded amendments. The PA rejected the demands until UNRWA eventually capitulated.
As opposed to the dictatorial PA, Israel is a functioning democracy that respects the rule of law.
While UNRWA may try to manipulate public opinion, the agency, the UN, and the international community should have no misinterpretation. Israel will enforce its new laws to their full extent.
By refusing to accept this reality and smoothly pass its functions onto an appropriate alternate body, UNRWA is again doing a disservice to the people to whom it provides services. Whether UNRWA likes it or not, by the end of January 2025, UNRWA will cease to function in Israel, Gaza, Judea, and Samaria. The international community would be wise to find suitable alternatives.
While Hamas has refused to release all the requested 34 living hostages, the terror group has reportedly upped the number of security prisoners it demands released.
Hamas is reportedly refusing to release 12 of the 34 hostages in the first phase of an alleged deal in the works, instead offering the bodies of 12 killed abductees, a Palestinian source told Israeli state news agency KAN on Monday.
The source claimed Prime Minister Benjamin Netanyahu refused the release of bodies in the first stage of the deal.
While Hamas has refused to release all the requested 34 living hostages, the terror group has reportedly upped the number of security prisoners it demands released.
Keep these in mind as you contemplate the direction of the American government over the past 50 years and especially since the Obama election.
The Goals of Communism
(as read into the congressional record January 10, 1963, from "The Naked Communist" by Cleon Skousen)
1. U.S. acceptance of coexistence as the only alternative to atomic war.
2. U.S. willingness to capitulate in preference to engaging in atomic war.
3. Develop the illusion that total disarmament of the United States would be a demonstration of moral strength.
4. Permit free trade between all nations regardless of Communist affiliation and regardless of whether or not items could be used for war.
5. Extension of long-term loans to Russia and Soviet satellites.
6. Provide American aid to all nations regardless of Communist domination.
7. Grant recognition of Red China. Admission of Red China to the U.N.
8. Set up East and West Germany as separate states in spite of Khrushchev's promise in 1955 to settle the German question by free elections under supervision of the U.N.
9. Prolong the conferences to ban atomic tests because the United States has agreed to suspend tests as long as negotiations are in progress.
10. Allow all Soviet satellites individual representation in the U.N.
11. Promote the U.N. as the only hope for mankind. If its charter is rewritten, demand that it be set up as a one-world government with its own independent armed forces. (Some Communist leaders believe the world can be taken over as easily by the U.N. as by Moscow. Sometimes these two centers compete with each other as they are now doing in the Congo.)
12. Resist any attempt to outlaw the Communist Party.
13. Do away with all loyalty oaths.
14. Continue giving Russia access to the U.S. Patent Office.
15. Capture one or both of the political parties in the United States.
16. Use technical decisions of the courts to weaken basic American institutions by claiming their activities violate civil rights.
17. Get control of the schools. Use them as transmission belts for socialism and current Communist propaganda. Soften the curriculum. Get control of teachers' associations. Put the party line in textbooks.
18. Gain control of all student newspapers.
19. Use student riots to foment public protests against programs or organizations which are under Communist attack.
20. Infiltrate the press. Get control of book-review assignments, editorial writing, policymaking positions.
21. Gain control of key positions in radio, TV, and motion pictures.
22. Continue discrediting American culture by degrading all forms of artistic expression. An American Communist cell was told to "eliminate all good sculpture from parks and buildings, substitute shapeless, awkward and meaningless forms."
23. Control art critics and directors of art museums. "Our plan is to promote ugliness, repulsive, meaningless art."
24. Eliminate all laws governing obscenity by calling them "censorship" and a violation of free speech and free press.
25. Break down cultural standards of morality by promoting pornography and obscenity in books, magazines, motion pictures, radio, and TV.
26. Present homosexuality, degeneracy and promiscuity as "normal, natural, healthy."
27. Infiltrate the churches and replace revealed religion with "social" religion. Discredit the Bible and emphasize the need for intellectual maturity which does not need a "religious crutch."
28. Eliminate prayer or any phase of religious expression in the schools on the ground that it violates the principle of "separation of church and state."
29. Discredit the American Constitution by calling it inadequate, old-fashioned, out of step with modern needs, a hindrance to cooperation between nations on a worldwide basis.
30. Discredit the American Founding Fathers. Present them as selfish aristocrats who had no concern for the "common man."
31. Belittle all forms of American culture and discourage the teaching of American history on the ground that it was only a minor part of the "big picture." Give more emphasis to Russian history since the Communists took over.
32. Support any socialist movement to give centralized control over any part of the culture--education, social agencies, welfare programs, mental health clinics, etc.
33. Eliminate all laws or procedures which interfere with the operation of the Communist apparatus.
34. Eliminate the House Committee on Un-American Activities.
35. Discredit and eventually dismantle the FBI.
36. Infiltrate and gain control of more unions.
37. Infiltrate and gain control of big business.
38. Transfer some of the powers of arrest from the police to social agencies. Treat all behavioral problems as psychiatric disorders which no one but psychiatrists can understand.
39. Dominate the psychiatric profession and use mental health laws as a means of gaining coercive control over those who oppose Communist goals.
40. Discredit the family as an institution. Encourage promiscuity and easy divorce.
41. Emphasize the need to raise children away from the negative influence of parents. Attribute prejudices, mental blocks and retarding of children to suppressive influence of parents.
42. Create the impression that violence and insurrection are legitimate aspects of the American tradition; that students and special-interest groups should rise up and use united force to solve economic, political or social problems.
43. Overthrow all colonial governments before native populations are ready for self-government.
44. Internationalize the Panama Canal.
45. Repeal the Connally reservation so the United States cannot prevent the World Court from seizing jurisdiction over nations and individuals alike.
Posts
