- The battle over central bank digital currencies is heating up, with the first peep from Congress making itself heard, but will it be too little, too late to stop the Fed from issuing its own CBDC?
- What is the true cost of the globalists’ plan for a green economy or so-called sustainable development? One study puts it at $93 trillion, and that’s just a downpayment!
- Hershey doubles down on wokeness, saying it stands by its transgender candy bar.
- Have you ever wanted an extra set of hands or maybe an extra finger or two? Scientists working in the field of transhumanism say that kind of technology may be right around the corner.
- Forget about the repo man: Ford Motor Company applies for a patent on a system that allows a vehicle to repossessing itself.
- And U.S. herds of beef cattle have reached their lowest level in 60 years. We’ll explain why.
All these stories and more when the Worldview Financial Report begins, right now!
Good evening and welcome to the Worldview Financial Report.
The general manager of the Bank for International Settlements, Agustin Carstens, says the “battle has been won” between fiat and cryptocurrency, and vigilance is no longer needed.
In a Bloomberg TV interview, BIS general manager Agustín Carstens stated, “technology doesn’t make for trusted money.”
The BIS general manager added, however, that, “Only the legal, historical infrastructure behind central banks can give great credibility to money.”
His statements come in the wake of recent back-to-back debacles in the crypto sector and as central banks around the world get ready to issue their own version of crypto.
There you have it, an opinion from the man who manages the central bank for central banks.
The Biden regime is attempting to develop an “authoritarian-style” and “surveillance-style” digital dollar through executive orders, warned House Majority Whip Tom Emmer, Republican of Minnesota.
The four-term congressman recently introduced the CBDC Anti-Surveillance State Act to prohibit “unelected bureaucrats” in Washington from issuing a central bank digital currency that critics argue could diminish Americans’ financial privacy rights.
The Epoch Times reports that the bill, which has several Republican co-sponsors, including Rep. Andy Biggs (R-Ariz.) and Rep. Young Kim (R-Calif.), would also ensure that the Federal Reserve is held accountable in its research and development of a digital dollar.
Emmer, speaking at a news conference, said:
“The consequences, if we get it wrong, are far too serious. The Biden administration is currently itching to create a digital authoritarian-style, surveillance-style digital dollar through an executive order.”
The bill, Emmer says, would restrict the central bank from issuing a CBDC or using a CBDC to implement monetary policy and control the national economy.
He added that efforts to digitize the U.S. dollar need to be transparent and protect Americans’ right to financial privacy. Developing a digital version of the greenback must enhance financial inclusion, ensure transactions are efficient, and refrain from threatening Americans’ privacy or sovereignty.
Emmer added that:
“We need these common-sense guardrails to prevent unelected bureaucrats here in Washington from sacrificing Americans’ right to financial privacy. We do not want to emulate the CCP. We should not be taking our direction from the Communist Party of China.”
Globalists are obsessed with climate change and the need to convert to a green economy, which they often refer to as “sustainable development.”
But at what cost?
By the year 2030 the World Bank has estimated that it will take at least $93 trillion invested towards building new infrastructure they consider to be sustainable.
This gargantuan investment has been touted for years, dating back to the United Nations Climate Action Summit in 2019. The UN wrote in a statement:
“Investments in sustainable urban infrastructure for all are also critical to achieve the goals of the Paris Agreement and the Sustainable Development Goals. An estimated $93 trillion worth of sustainable infrastructure will be built by 2030, and over 70 percent of that will be built in urban areas. Today’s Climate Action Summit aims to mobilize support for cities and signals to national governments and the private sector the types of collaborative approaches necessary to collectively address this challenge and implement concrete strategies to build sustainable cities and communities for all.”
What might be some of these new developments?
According to a think tank for the Absolute Zero agenda goals, things will need to be removed and developed, such as new rail systems, reduced shipping, electrification of everything, reduction in most commercial flights, while metals, blast stones, and cements are phased-out or replaced along with the elimination of fossil fuels.
Dr. Douglas Holtz-Eakin, President of American Action Forum (AAF), admitted at a recent hearing in Washington that even if after the United States spends $50 trillion on new infrastructure and development, it is unknown to him if any of these actions will reduce the world temperature by 2050, claiming that he does not know what other nations such as China will be doing to help the cause.
Here he is being questioned by Senator John Kennedy, Republican of Louisiana.
The last two Walmart stores within Portland’s city limits will close in late March, the company announced.
According to a report by KPTV, the locations, at Hayden Meadows and Eastport Plaza, will both close on Friday, March 24. Walmart says it is closing the stores because they were not meeting financial expectations.
The announcement said:
“We have nearly 5,000 stores across the U.S. and unfortunately some do not meet our financial expectations. While our underlying business is strong, these specific stores haven’t performed as well as we hoped.”
People who live near the stores slated for closure say it’s going to have a big impact on them and low-income shoppers.
Amanda Pahl told KPTV:
“Safeway is the go-to-store if I have to but that’s three times the price I would spend here. What are we going to do? You got to go further, then you have to spend gas money. Might as well pay for it at Safeway at this point.”
According to a Walmart spokesperson, pharmacy staff will work with customers to transfer their prescriptions to other locations before that date.
All employees at the two locations will have the option to transfer to other, nearby locations.
Hershey, the woke chocolate company, said it stands by its International Women's Day campaign featuring a trans woman following social media calls to boycott the company over the move.
A Hershey spokesperson told Bloomberg:
“We value togetherness and recognize the strength created by diversity. Over the past three years, our Women's History Month programming has been an inclusive celebration of women and their impact. We appreciate the countless people and meaningful partnerships behind these efforts.”
That statement is so politically correct it sounds like it could have come, not from a real person, but from an A.I.-driven ChatGTP program.
As part of its “He for She campaign,” Hershey is featuring Fae Johnstone, a trans-rights activist, on limited-edition chocolate bar wrappers in Canada. Johnstone is featured alongside four other Canadian women who are activists in their respective fields.
On Wednesday, Johnstone tweeted about the partnership, writing that he/she/it grew up with few trans role models and hopes the campaign “shows trans girls they can dream big and change the world too.”
Business Insider reports that this person’s tweets were “met with praise and support from some, but also with criticism from conservatives and calls to boycott Hershey.”
Natural News reports that experts believe the life insurance industry is in for a rough road ahead.
The industry has suffered nearly $1 trillion in losses due to the Covid bioweapon and the killer Operation Warp Speeded vaccines.
Between the claims that are being paid out for all of the excess deaths and the investment portfolio losses, Peter Halligan suggests that the ballpark of losses across the insurance industry is around $911 billion.
Halligan writes about his estimates, stating:
“Average value of a Life policy is $168,000, extra deaths are around 560,000 for three years and half of Americans have some form of Life insurance. Let’s make a simplifying assumption that half of the extra deaths were insured.
$168,000 times 280,000 deaths times 3 years = around 141 billion dollars. I will take just one third of that number for calendar year 2022 policy pay-outs = 47 billion bucks.”
In 2019, the top 25 life insurance carriers in the U.S. held assets with a total value of around $5.2 trillion. These appreciated slightly in 2020 and 2021, followed by a much larger appreciation spike in 2022.
If life insurance companies held to the old 60 / 40 equity / bond portfolio split that year, then they lost 60 percent of their holdings, as well as 20 percent of their S&P 500 holdings, and 10 percent of their 40 percent bond portfolios, which amounts to around 16 percent, or one-sixth, of their investment portfolios.
“A sixth of 5.2 trillion representing assets of the top 25 US Life Insurance companies? Around 870 billion bucks,” Halligan explains. “Combine that with just one-third of the three year estimate of extra Life policy pay-outs of 41 billion bucks and you get around 911 billion bucks.”
This is a massive amount of money that has been lost as a direct result of the chaos that came with the scamdemic, most notably the Wuhan coronavirus “vaccines.”
There are growing concerns that Merck and potentially other pharmaceutical giants are working behind the scenes to shut down all generic production of ivermectin, particularly in India where more than 50 different companies manufacture it for the global market.
Dr. Kazuhiro Nagao, chairman of a Japanese medical company and director of the Nagao Amagasaki Clinic in Japan, issued a warning claiming that Merck is buying up the Indian companies that produce ivermectin in order to shut down their operations.
Nagao says India’s dozens of ivermectin producers are in the crosshairs of Big Pharma, which does not like this tried-and-true remedy for the U.S.-funded, Chinese-produced coronavirus bioweapon because its widespread availability and affordability are cutting into their profit streams for other, more expensive drugs.
“Generic plants are making it, and Merck is getting more and more of them,” Nagao says in the video. “The biggest one, Fanfan, Merck is buying them. Ivermectin production is coming out. It’s being discontinued now. And now these giant pharmaceutical companies are coming out of India.”
Ford Motor Company filed a US patent application that shows autonomous or semi-autonomous vehicles could potentially repossess themselves if their owners miss lease or loan payments.
Zero Hedge writes:
“The idea of self-driving cars repossessing themselves might sound dystopian, but it is not surprising that automakers are considering this technology to ensure payment. Repossession is a common practice, and as we’ve described recently, cracks are beginning to form in the subprime auto loan market.”
The patent, titled “Systems and Methods to Repossess a Vehicle,” explains how a future lineup of Ford vehicles would be capable of “[disabling] a functionality of one or more components of the vehicle.”
This patent application was first filed with the U.S. Patent Office in August 2021 and formally published less than two weeks ago on February 23.
According to the application, if a driver misses a car payment, the vehicle will disable air-conditioning, radio, GPS, and cruise control to irritate the driver.
If the owner misses more payments, the repossession cycle will worsen. The car would emit an “incessant and unpleasant sound.” Worse, the vehicle might lock out the driver on certain days until payments are made.
And still, if the lockout doesn’t work and payments are missed, the vehicle could drive to a safe, nearby location for a repo team to seize it and avoid confrontation with the owner.
Technocracy expert Patrick Wood commented as follows regarding this technology:
“With the addition of kill-switches and full-control automation of the car, they can be programmed to automatically repossess themselves if you miss a payment. Further, if the police want to pull you over faster than you pull yourself over, the kill switch could be used to force you to the side of the road. Even during a routine stop, your car could be disabled to prevent driving away prematurely.”
It should be noted that buried in the Biden regime’s infrastructure bill, passed by Congress in 2021, is a section that mandates all vehicles manufactured in the United States to be outfitted with remote kill switches by 2026.
The ranching industry has been under attack for decades and beef inventories prove it. Globalists at the U.N. and the World Economic Forum have been telling us for years that it’s an environmental sin to eat meat. For that reason, it needs to disappear, and it is starting to do exactly that.
Breitbart reports that the beef cattle inventory in the United States is at its lowest point since 1962, according to data from the U.S. Department of Agriculture.
The USDA’s biannual cattle report showed that, as of January 1, 2023, the data shows a total of 28.9 million beef cows, which are those specifically bred for slaughter and meat sales, as of the start of this year — that’s down nearly 4 percent from last year and the lowest the agency has recorded since 1962.
According to Beef Magazine, some challenges and reasons for the decline in beef cows appear to be the input prices and the drought last year. The magazine’s Ryan McGeeney wrote:
“For many producers throughout the country, 2022 had offered a perfect storm of economic and weather-related challenges: input costs such as diesel and fertilizer doubling or even tripling, and a hot, dry summer that only increased reliance on groundwater in the absence of rainfall. For cattle producers in particular, drought conditions offered no replenishment of dwindling forage supplies, leaving many producers to cull deeper into their herds than they might have otherwise preferred. Elevated beef cull prices contributed to an 11% increase in beef cow slaughter, according to USDA.”
University of Kentucky’s Kenny Burdine and James Mitchell, extension livestock economist for the University of Arkansas System Division of Agriculture, recently explained that, “There was no question that the beef cow herd had gotten smaller and that cattle production’s downward trend does not seem like it will reverse in 2023.”
Zero Hedge reports that Amazon has paused construction on its giant second headquarters in Arlington, Virginia, the company has confirmed to Bloomberg, which notes that the move comes amid sweeping job cuts following slowdowns in consumer and corporate spending.
As Bloomberg reported, Amazon real estate chief John Schoettler says that despite the pause, the company remains committed to the second headquarters project, where it's committed to spend $2.5 billion by 2030 and hire some 25,000 workers. The pause will of course delay the online retailer's full arrival at its largest real estate project, and could throw local developers' plans into disarray.
Elon Musk has repeatedly predicted that his medical device company, Neuralink, would soon start human trials of a revolutionary brain implant to treat intractable conditions such as paralysis and blindness.
Yet the company, founded in 2016, didn’t seek permission from the U.S. Food and Drug Administration until early 2022 – and the agency rejected the application, seven current and former employees told Reuters.
In explaining its decision, the agency outlined dozens of issues the company must address before human testing, a critical milestone on the path to final product approval, the staffers said. The agency’s major safety concerns involved the device’s lithium battery; the potential for the implant’s tiny wires to migrate to other areas of the brain; and questions over whether and how the device can be removed without damaging brain tissue, the employees told Reuters.
A year after the rejection, Neuralink is still working through the agency’s concerns. Three staffers said they were skeptical the company could quickly resolve the issues – despite Musk’s latest prediction at a November 30 presentation that the company would secure FDA human-trial approval this spring.
During his November presentation, Musk said the company had submitted “most of our paperwork” to the agency, without specifying any formal application, and Neuralink officials acknowledged the FDA had asked safety questions in what they characterized as an ongoing conversation.
Continuing on this theme of transhumanism, are you ready for a six-fingered hand?
Researchers say the field of “human augmentation” is advancing at break-neck speed, and the idea of people adding robotic body parts is no longer far-fetched.
Tamar Makin, a professor of cognitive neuroscience at the brain unit at Cambridge University, told The Guardian that the transhumanist approach could boost human productivity.
She told the news outlet:
“If you want an extra arm while you’re cooking in the kitchen so you can stir the soup while chopping the vegetables, you might have the option to wear and independently control an extra robotic arm.”
Dani Clode, a designer and colleague of Makin’s at Cambridge, has already created a 3D-printed thumb that can be added to any hand. Clode discussed the device as part of panel on “Homo cyberneticus: motor augmentation for the future body” at the annual meeting of the American Association for the Advancement of Science in Washington D.C. on Friday, March 4.
Makin said the extra thumb could be helpful for waiters holding plates, or for electrical engineers when soldering, for example, and other robotic body parts could be designed for particular workplace needs. For example, an extra arm could help a builder hammer a nail while holding a joist in place.
“We spoke with a surgeon [who] was really interested in holding his camera whilst he’s doing shoulder surgery, rather than his assistant holding his camera. He wanted to be in full control of the tools that he’s using with the two hands while also holding that camera and being able to manipulate that as well.”
Makin said her team’s approach is rooted in the idea that the additional appendages could be used to build on the existing capabilities of a person’s body.
That does it for this edition of the Worldview Financial Report. Thanks for tuning in, and thanks for supporting this viewer-supported broadcast.
Until next time, I’m Brannon Howse. May God save America. Take care.
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