Fannie Mae admitted their forecast of declining home prices was incorrect. They initially projected that housing would fall by 1.2% in 2023, followed by 2.2% in 2024. Housing prices remain strong because this in an inventory crisis. There are 47% less available single-family houses on the market compared to the start of the COVID […]

“Goodbye car ownership, hello clean air: welcome to the future of transport,” the WEF published on its website back in December 2016. The first step is to transition cars to electric under the guise of climate change. This will cause all vehicles to be dependent on the electrical grid, which the government controls. Yet, they […]

The border crisis that we have in the United States is part of the cycle of disease that our model has been projecting. In late May, Sarasota County, Florida, health officials confirmed that they had identified a case of locally transmitted malaria. Then a second confirmed case appeared on June 23 rd in Texas, discovered in […]

Zelensky has sold out Ukraine to JPMorgan and BlackRock. While everyone was distracted with trivial news stories, BlackRock and JPMorgan partnered with the Ukrainian government to “establish a reconstruction bank that will serve as a conduit for public seed capital to fund rebuilding projects.” They are aiming to steer “public steer capital,” government grants that […]

The nation was distracted by the 24/7 news coverage about the submarine that went missing while cruising around to see the Titanic. It seems that there is always a big news story put forth on days when undesirable information is released. We know the entire conflict in Ukraine was planned many years ago (see: “The […]

There is something strange in the air. Are we to believe that what is occurring is simply the result of wildfires in Canada all occurring simultaneously? Official reports claim that droughts caused the conditions for the fires. Quebec said that the fires were ignited by lightning, Alberta admitted the cause of their fires is still […]

England will provide thirty individuals £1,600 per month to study Guaranteed Basic Income, also known as Universal Basic Income (UBI). The pilot program will monitor these individuals for two years to see how they put the money to use. As I noted in the blog post about the Cloward-Piven study, there must be no conditions […]

Wang Many 50 Shu

It was the monetary reforms of Wang Mang (王莽)(6/9-23AD), who made a move to establish his own dynasty, Xin, intending to replace the Han. The economy went into a chaotic period between 7 and 14AD. This centered once again upon the introduction of a new coin that was overvalued dramatically relative to its metal content. In the year 10 AD, Wang Mang was desperate for money and he instituted an unprecedented tax—the income tax first such record of any direct tax of this nature. The rate was 10 percent of profits, for professionals and skilled labor. Previously, all taxes were either poll tax (head tax) or property tax. Wang Mang was thus the founder of a short-lived Xin (Hsin) Dynasty (9-23AD). His father's half-sister had become the empress of China within the Han Dynasty. Upon the death of the Emperor, she became the Empress Dowager which meant prestige for her family.

Her son was weak and showed little interest in governing the empire. Wang Mang was his first cousin. In 8BC, Wang Mang was appointed regent. The emperor died 6-7BC without an heir. The new Emperor Ai was not related to the family of Wang Mang and thus accepted his resignation. Yet Emperor Ai died about 1BC. The Empress Dowager summoned Wang Mang and appointed him regent. Wang Mang installed his own daughter as Empress with the new Emperor pIing. On February 3rd, 6AD, pIing died. Some now accused Wang Mang of poisoning him. Wang now selected the youngest of potential heirs, a boy who had just been born in SAD and was not actually enthroned, and Wang Mang assumed the position of acting emperor. He now claimed that heaven was directing that a new dynasty should reign and he officially declared his Xin (Hsin) Dynasty on January 10th, 6/9AD.

Nature conspired against Wang Mang for in 11AD, the Yellow River flooded killing many that caused a great famine and a plague. This led to civil unrest as a sign of heaven. Peasants migrated south and banded into larger groups. One of these groups rose, known as the Red Eyebrows, they were strong enough that they defeated one of Wang's armies. This led to widespread rebellions even in the capital. They stormed the palace and in a grand last stand, about 1,000 palace guards defended Wang to the last man. The rebels then killed Wang Mang bringing an end to his brief dreams of creating a dynasty.

The Bronze reform of Wang Mang

It was the monetary reforms of Wang Mang (王莽)(6/9-23AD), who made a move to establish his own dynasty, Xin, intending to replace the Han. The economy went into a chaotic period between 7 and 14AD. This centered once again upon the introduction of a new coin that was overvalued dramatically relative to its metal content. In the year 10 AD, Wang Mang was desperate for money and he instituted an unprecedented tax—the income tax first such record of any direct tax of this nature. The rate was 10 percent of profits, for professionals and skilled labor. Previously, all taxes were either poll tax (head tax) or property tax. Wang Mang was thus the founder of a short-lived Xin (Hsin) Dynasty (9-23AD). His father's half-sister had become the empress of China during the Han Dynasty. Upon the death of the Emperor, she became the Empress Dowager which meant prestige for her family.

Her son was weak and showed little interest in governing the empire. Wang Mang was his first cousin. In 8BC, Wang Mang was appointed regent. The emperor died 6-7BC without an heir. The new Emperor Ai was not related to the family of Wang Mang and thus accepted his resignation. Yet Emperor Ai died about 1BC. The Empress Dowager summoned Wang Mang and appointed him regent. Wang Mang installed his own daughter as Empress with the new Emperor pIing. On February 3rd, 6AD, pIing died. Some now accused Wang Mang of poisoning him. Wang now selected the youngest of potential heirs, a boy who had just been born in SAD and was not actually enthroned, and Wang Mang assumed the position of acting emperor. He now claimed that heaven was directing that a new dynasty should reign and he officially declared his Xin (Hsin) Dynasty on January 10th, 6/9AD.

Nature conspired against Wang Mang for in 11AD, the Yellow River flooded killing many that caused a great famine and a plague. This led to civil unrest as a sign of heaven. Peasants migrated south and banded into larger groups. One of these groups rose, known as the Red Eyebrows, they were strong enough that they defeated one of Wang's armies. This led to widespread rebellions even in the capital. They stormed the palace and in a grand last stand, about 1,000 palace guards defended Wang to the last man. The rebels then killed Wang Mang bringing an end to his brief dreams of creating a dynasty.

I have worked advising governments around the world for over 40 years. In the process, I have learned all their tricks. The Democrats are using the RACE CARD to fool the public and destroy the United States. All of this total nonsense that the Republicans demanding ID to vote are racists because poor blacks have […]