Briefly Noted: Something's Going On--But What?
I was emailing with friends last night, speculating just what is up in DC. Two articles at American Thinker this morning present, in a sense, opposing perspectives.
On the one hand, Thomas Lifson starts from President Trump's recent statement that ‘… you’ll see a lot of big things happening over the next couple of days’‘ .
He quotes Clarice Feldman, speculating about the types of things we've been talking about in the comments here. The revelations within the last week of bombshell matters that weren't news during the election campaign is, well, puzzling. Has Durham's time not been wasted after all?
Clarice Feldman points out that aside from the election fraud:
Strange stuff this week:
Swalwell unmasked
We learn that for 2 years Hunter's been under criminal investigation
We learn that for 4 years the FBI has been sitting on Seth Rich's computer and thousands of papers and lying about it
She asks:
Who blew open the FBI vaults and why now?
I've been hinting lately that we could finally be seeing a closing of GOP ranks in the face of the Election Hoax--represented by DC Establishment figure Ted Cruz taking the lead before the SCOTUS, at the head of virtually half the states and counting.
On the other hand, Monica Showalter is speculating that some of this may represent something quite different. The Left, emboldened by their Election Hoax, may be looking to take out their "president elect" before the projected inauguration! Shades of Donald Trump--can they get it right this time, against one of their own?
Circling Vultures: The far left is at war with Biden and it's getting out into the open
The Left is openly upset with Biden's putative administration picks, and threatening to hold up or even stop confirmation. Showalter speculates that the leaking of highly derogatory Hunter Biden information at this juncture--and in reliable liberal outlets--could be coming from the Left. She quotes Breitbart's Joel Pollak to that effect:
The odds that @KamalaHarris takes the oath of office on January 20 just went up.You can’t have a president whose son faces a grand jury for selling access to his father. Taxes are the tip of the iceberg. Media may try to bury their complicity in censorship by moving on to Kamala.
Two things: 1) I'm not counting Trump out, and 2) if Biden's Obama/Clintonite handlers had been more accommodating to the hard Left then, yes, they would try to foist that type of president on the nation.
Showalter concludes:
It all adds up to one thing: The crazy left is turning on Biden. Seems that stealing an election first from Bernie Standards, and then President Trump has a way of leaving a leader like a spindled tree of no support, tossing and turning based nobody loyal, nobody in support. We all know that Joe Biden had no coattails, all the gains that came in the House, the statehouses, and beyond on election night, were on the Republican side, not new allies for Joe. And the rabid left is now showing its loathing for the candidate it voted for, zero coattails, leaving Biden twisting in the wind.
After eight years of Obama, America's Left lost its mind and decided to throw America up for grabs. After the Resistance nothing seems impossible. Which scenario is it? Trump with something big up his sleeve, a civil war on the Left?
Bonus Link--from CNN no less (h/t Don Surber). Recall, just last night we linked to an article about the East Asian demographic crisis, and its probable economic fallout. With China front and center with Trump's global strategy and now with the Swalwell/Biden revelations, it's all grist for the mill. Recall, too, the lengthy post regarding professor Di bragging about China's influence over America's elite --and China's plans to become a world banking center. Perspective?
Chinese state-owned companies are in trouble. That could hurt the global recovery.
"Chinese state-owned companies are starting to default on their debts. It's a problem that could ripple through the country's financial system, threatening to slam the brakes on the nation's economy and hobble the global recovery from the pandemic.
"State firms defaulted on a record 40 billion yuan ($6.1 billion) worth of bonds between January and October, according to Fitch Ratings. That's about as much as the last two years combined.
"The problem has only gotten worse in recent weeks. A slew of major companies — including BMW's Chinese partner Brilliance Auto Group, top smartphone chip maker Tsinghua Unigroup, and Yongcheng Coal and Electricity — declared bankruptcy or defaulted on their loans last month, sending shock waves through the nation's debt market. Bond prices have plummeted and interest rates have spiked, and the turmoil has even spilled over into the stock market, where shares of state-owned firms have been sinking.
"It's alarming on a couple of fronts. First of all, the close relationships between these companies and local Chinese governments typically make them safe bets in times of trouble. If investors are worried that the state is no longer willing to support them, they suddenly become much riskier propositions."
...
Still, allowing for too many defaults could jeopardize the financial stability and near-term recovery. Analysts at Goldman Sachs recently pointed out that widespread failures in the sector could spill over into the banking system, causing banks to cut back on lending more broadly, or increase interest rates — the latter of which is already starting to happen.
There is a twofold dynamic behind all this that could come into play. First, China needs its economy to continue growing at a phenomenal (many analysts believe unsustainable) rate to maintain social unrest within manageable limits. Second, the demographic crisis, the birth dearth and rapidly aging population as well as the lack of virtually any social security safety net, means that financial turmoil is something China simply can't afford. it's a ticking time bomb.