The Trump Trojan Horse
GlobalResearch.ca
Timothy Alexander Guzman | SilentCrowNews.com
Trump is clearly a ‘Globalist’ who is pushing part of the World Economic Forum’s (WEF) “You will own nothing and be happy” agenda by floating the idea of a 50-Year mortgage which is worse than the old-standard 30-year mortgage. Yes, a 50-year mortgage to keep the American public enslaved including Trump’s MAGA base under Globalist banking cartels such as Larry Fink’s Black Rock who can basically own your newly purchased home indefinitely under this idea. Trump who is on the Zionist payroll also works for the banking cartels even though he campaigned on the promise that he will fight the “deep state” for the American people. However, after he won his first election in 2017, Trump visited one of the actors of the deep state, the CIA headquarters in Langley, Virginia to tell them how he felt about them, “But I want to say that there is nobody that feels stronger about the intelligence community and the CIA than Donald Trump. There’s nobody.” We can say that Trump is clearly the Trojan Horse for the deep state, especially the powerful banking cartels.
It was reported by the Associated Presss (AP) that Trump’s plan would lower monthly payments, yet interest rates would double, and equity would slow significantly, “The White House says it is considering backing a 50-year mortgage to help alleviate the home affordability crisis in the country” however, the plan was criticized by economists, social media platforms and everyone else who understands that such a proposal would be equivalent to permanent debt slavery, “a 50-year mortgage would do little to resolve other core problems in the housing market, such as a lack of supply and high interest rates.” In fact, John Lovallo of UBS Securities said that “Extending a mortgage from 30 years to 50 years could double the (dollar) amount of interest paid by the homebuyer on a median priced home over the life of the loan and significantly slow equity accumulation.”
It was a nice way of saying that the 50-Year mortgage is a debt trap that would be difficult for the homeowner to pay.
Mike Konczal, senior director of policy and research at the Economic Security Project said that “Many of the big things that would address supply right now are going in the wrong direction,” however, it would also be difficult for banks to underwrite a 50-year mortgage when it comes to a person’s life expectancy as Konczal explained:
The average age of a first-time homebuyer has been creeping up for years and is now roughly 40 years of age. A 50-year mortgage would be difficult to underwrite for a bank for a 40-year-old first-time homebuyer, who would be 90 years old by the time that home is paid off. The average life expectancy of an American is now roughly 79 years, meaning there’s 11 years of life expectancy not covered in a 50-year loan
It seems that Konczal is trying to warn the public that a 50-Year mortgage that’s not completely paid-off by the borrower can result in passing on that debt to their loved ones, “It’s typically not a goal of policymakers to pass on mortgage debt to a borrowers’ children.” So, would the children of the borrower’s be on the hook for their parents or even their grandparents 50-year mortgage loan well into their future? I am pretty sure that the banking cartels and members from the World Economic Forum would love that idea.
Trump’s Job Market Chaos
The Center for Economic and Policy Research (CEPR) ‘Trump’s Attacks on Job’s Numbers as Noise- And Still Dangerous’ based on the firing of the Bureau of Labor Statistics (BLS) Commissioner Erika McEnterfar for releasing bad jobs data reports because it made Trump’s economic policies look like a disaster.
By now, the Trump White House has a simple strategy for dealing with what it considers bad news: Attack the messenger. They have pressured TV networks to cancel comedy programs, filed lawsuits against major media outlets, and of course even fired the head of the Bureau of Labor Statistics (BLS) for releasing jobs data they didn’t like
Peter Hart, the domestic communications director over at CEPR said that
“On August 1, the BLS released its July jobs report, which found weaker than expected job creation and a slight increase in unemployment rate. The report also revised job creation numbers from the prior two months. This didn’t sit well with Trump, who claimed the numbers were “RIGGED in order to make the Republicans, and ME, look bad.”
Hart said that there was no evidence of rigging and that it doesn’t even add up given the fact that when the jobs numbers are released, it’s usually on the day when the data is the focus of attention for the stock market and economic forecasts:
There is no evidence to support the claim of rigging, which would be virtually impossible given the way the data are compiled, and really doesn’t even make sense. If the intent was to make Trump look bad, the jobs data get the most attention the day they are released, not when they are revised one or two months later. Why would someone make Trump look bad, release exaggerated jobs numbers on the day when the data gets lots of attention and then revise them downward when no one is looking?
Trump has nominated E.J. Antoni, the chief economist at the Heritage Foundation which has been highly criticized, however, Hart says that Antoni “does not seem to have even minimal familiarity with BLS methods or economic statistics.” In fact, Trump’s BLS has already been criticized, yet the Trump regime defended its choice by claiming that they created half a million jobs:
It is worth pointing out that just a few weeks ago, the White House was defending BLS from criticism. In July, an administration spokesperson told the Washington Post, “Baseless attempts to undermine confidence in BLS data does not change the fact President Trump’s pro-growth economic agenda has created more than half a million jobs since he took office.” In short, everything is fine so long as the numbers tell the story the White House wants you to hear
So, in other words, all job data reports from previous regimes are bad, Trump’s job data reports are good, and the White House is happy.
Business Insider reported that Trump’s reckless tariffs and other policies has created uncertainty in an unstable US job market,
“There are a lot of “lows” in the soft job market, including layoffs and unemployment. That’s the good news and has been the story for over a year. However, the not-so-good news is that job openings and hires have also dropped” continued, “The lack of hiring and the lack of firing could have the same causes. Economists told Business Insider that the US hasn’t had large-scale layoffs because even though the economy is still strong, uncertainties around tariffs and other issues mean that companies are hanging on to the talent they have while being reluctant to hire more.”
A recent report by The Center for American Progress said that:
“Today’s “Employment Situation Summary” data release by the U.S. Bureau of Labor Statistics (BLS) shows the economic weakness created by President Donald Trump’s disastrous tariff policies, slash-and-burn to the federal government, and historic cuts to health care and social services. The resulting uncertainty for employers has led to a hiring slowdown and some to turn to layoffs.”
Economist Peter Schiff said it best when he wrote on X that
“It looks like the Trump administration will pause the monthly jobs reports until they can get the numbers right. That’s a convenient excuse to hide bad data. Soon they may do the same with the CPI. Who needs data anyway? Trump can just tell everyone that the economy is booming.”
Farmers Are Going Bankrupt
Back in April, an interesting article from Bloomberg News(Bloomberg Law),
‘Trump Policies Add to Farming Distress as Bankruptcies Increase’ said that “President Donald Trump’s global tariffs and freezing of federal agriculture grants have added to financial strains on American farmers, who are seeking refuge in bankruptcy at the highest rate in years.” To be fair, family farm bankruptcies also increased during the disastrous Biden regime, “Family farm bankruptcies increased by 55% last year compared to 2023 and are trending even higher this year as farmers continue to grapple with depressed agricultural commodity prices and high input costs,” continued, “And while much of the industrywide distress predates his second stint in the White House, Trump has quickly nudged more farmers closer to the brink of going under and created turbulence for producers trying to make ends meet.”
What is increasing family farm bankruptcies?
“Unpredictable tariffs, immigration overhauls, federal program cuts and frozen Agriculture Department funding are now part of the discussions farmers are having as they seek financial help.“ ‘What’s going on in Washington?’ is the subject of almost every conversation that I have,” said North Carolina farm bankruptcy attorney David Mills of Narron Wenzel PA. “There’s a lot of anxiety.”
Trump’s first term was also a disaster when farm bankruptcies skyrocketed during his first trade war with China that started under the assumption that he would have a “win” on his record, but what happened was a far cry from winning anything for the US population especially local farmers. Trump approved $23 billion to cover export losses and farmers from going bankrupt. According to a report from February 2022 by the U.S. Government Accountability Office (GAO)
“USDA’s Farm Service Agency (FSA) administered the Market Facilitation Program, which distributed payments to farms for losses caused by international trade disruptions in 2018 and 2019. FSA distributed $23 billion in such payments for those years.”
Bloomberg news also mentioned that
“Filings have continued to speed up this year, with 82 cases filed over the first three months of 2025, nearly doubling the figure for the same period a year ago.”
Trump claims that the US population is living in the greatest economy in the world while over 35 million people live in poverty, over 700,000 people are homeless, grocery prices are increasing, and workers are nervous about losing their jobs.
The bottom line is that Trump’s tariffs, the uncertainty in the job market, cuts to health care and social services and farmers going bankrupt at an alarming rate while pushing a 50-Year mortgage scam is a disaster in the making that benefits the globalist banking cartels.
Trump’s billionaire class are getting richer by the day while he throws lavish parties at his Mar-a-logo estate. In other words, Trump is literally pissing on the American people while he is gaslighting them to believe that they are living in the “Golden Age.”
Source: https://silentcrownews.com/?p=8950
Image Source: [Truth11.com Meme]
Original Article: https://www.globalresearch.ca/trump-golden-era-golden-shower/5907290
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