🎯 Success 💼 Business Growth 🧠 Brain Health
💸 Money & Finance 🏠 Spaces & Living 🌍 Travel Stories 🛳️ Travel Deals
Mad Mad News Logo LIVE ABOVE THE MADNESS
Videos Podcasts
🛒 MadMad Marketplace ▾
Big Hauls Next Car on Amazon
Mindset Shifts. New Wealth Paths. Limitless Discovery.

Fly Above the Madness — Fly Private

✈️ Direct Routes
🛂 Skip Security
🔒 Private Cabin

Explore OGGHY Jet Set →
  • Skip to main content
  • Skip to primary sidebar

Mad Mad News

Live Above The Madness

Zerohedge

Enough Is Enough? The Italian People Disown & Protest The Words Of Their President

February 28, 2025 Ogghy Filed Under: THE NEWS, Zerohedge

Enough Is Enough? The Italian People Disown & Protest The Words Of Their President

Submitted by Vincenzo Lorusso via Donbass Italia, (emphasis ours)

Months ago, a grassroot media campaign was launched in Italy intended to communicate the popular discontent with the pro-war, anti-Russia policy of the supposedly “Italy First” Government of Giorgia Meloni (elected on a platform that soon became indistinguishable from Atlanticist “Super” Mario Draghi). Themed “La Russia non e’ il mio Nemico” (Russia is not my Enemy), the campaign was promoted on billboards all over Italy to underscore the warm relationship between the Italian people and Russia. And to distance the people as much as possible from a government that contrary to its historical roots has taken Russophobia to a near British level of absurdity. The campaign was as much loved by the people as it was hated by the authorities.

But last week, while delivering his acceptance speech for a honorary degree he was being bestowed by Marseille University, Italian President Sergio Mattarella compared the current Russia regime and policies to the Third Reich. And condemned any form of dialogue as a form of appeasement similar to Europe’s concessions to Hitler.

Unsurprisingly, the speech was quickly criticized by Russia’s MFA and its spokesperson Maria Zhakarova who criticized Mattarella’s speech as offensive (as well as, we may add, ignorant of history to a shocking degree). 

More notably, however, was the popular reaction to this statement made by Italy’s most senior political figure and representative of the Italian people.  

A petition was soon launched, condemning the speech…

“As Italian Citizens, fully identifying ourselves with the Italy born of the Partisan Insurrection of 1945 and the values of the Constitutional Fathers, we wish to express our complete Political Solidarity with the Russian government, the expression of that People who shed the most impressive contribution of blood in the Great Patriotic War, (twenty-seven million dead) which defeated and ended the genocidal Nazi-Fascist tyranny.

Our grandfathers and fathers, on other mountains and fields, challenged the enemy with weapons in hand, as did your grandfathers and fathers, paying with torture and death, nipped in the prime of life. We who saw fascism come into being, as opposed to the civilization movement composed of workers, laborers and peasants, who plowed the path for a true Europe of the Peoples, cannot besmirch history with a dystopian and erroneous vision, with unacceptable historical analogies between Russia and the Third Reich.

And even lately we believe that the same struggle for a new Nazism supported and foraged by Atlanticism has continued on the fields of the Donbass, which has as its first goal the destruction of A POLITICAL EUROPE OF PEACE, WORK AND SOLIDARITY, convenient and functional to a great power defended by two oceans but not to our Peoples.

Our Latin forefathers said that to err is human but to persevere is diabolical.

The narrative of the Atlantic “minculpop” in the unified networks and press, the most impressive war weapon of the collective West, describes the Russian special military operation as a prodigious attack on a sovereign country, forgetting the dramatic aggression suffered for years by the Russian-speaking peoples of the Donbass and the attempt at ethnic cleansing carried out by the Ukrainian coup regime, which has a robust overtly Nazi component at its core.

This is why we believe that the intervention of the government of the Russian Federation was a tragic but legitimate and inevitable reaction to the threat to the borders of the territory of Russia and its Peoples, who a few days ago had to endure tragic episodes of massacres of civilian population in the ‘Kursk area and since 2014 in the Donbass involving children, women and the elderly.

We do not accept this reversal of reality. The comparison with the Munich Conference of 1938 made by President Mattarella is a historical and political error that we stigmatize in the strongest terms.

We are convinced that you are aware of the deep friendship and respect that binds Our Ancient Peoples; we know your unwavering patience and discernment and your respect for almost three thousand years of Our Civilization and Culture that you esteem and respect.

We are not like the Baltic or Scandinavian governments; ours has always tended to be a deep and fruitful relationship, despite the fact that a fascist army invaded your country. We have memories of the generosity of so many women workers and peasants to our grandparents, betrayed and abandoned by a dictatorship with which we settled accounts.

Italy’s role must be to build bridges of civilization, prosperity and brotherhood in A MARE NOSTRUM OF PEACE.

Anyone who follows wrong friendships, through miscalculation or political cowardice, will be destined to pay the price: this we have as a historical example. 

We do not want to retrace known tragedies on our continent, at a time of deep ethical, cultural and political decadence.

We apologize for erroneous statements that we do not share: with facts we will try to redeem Our wounded country.

We ask everyone to sign this appeal by affixing their signature.”

Impressively, and reflecting the increasing impatience of the Italian population with a game that is no longer amusing to its people, the “petition”, or letter of apology, was signed by over 25,000 signatures in a matter of days and the numbers continue to grow. As a peace offering and a sign of respect, bound volumes of all the signatures were delivered to the MFA of the Russian Federation. While the book of comments, too long to print, was delivered to Maria Zhakarova by email.

Ms Zhakarova seemed touched by the outpouring of support for Russia among ordinary Italian people and in a small ceremony with the author promised that the book of signatures will be displayed in the Museum of the Great Patriotic War. 

Zakharova was presented with a petition with Italy’s apology for Mattarella’s statements pic.twitter.com/5QJObYrE0c

— Sprinter Observer (@SprinterObserve) February 22, 2025

Another message that is reaching the embassy of the Russian federation following Mattarella’a words was delivered by Matteo Brandi, head of the Pro Italia Party/movement, a small but rapidly growing political force that may well be an alternative government in waiting in the years ahead:

“I fully share the criticism of the spokeswoman Maria Zakharova to the incautious words of President Mattarella who compared Russia’s special operation in Ukraine to the Nazi aggressions of the past century. The majority of the Italian people are not enemies of Russia, they know that the real reasons for the war in Ukraine are the aggression of NATO and the Nazi-fascists in Kiev, and they remember the enormous sacrifice of 27 million dead made by the Russian and other Soviet peoples to defeat Nazism.” 

Perhaps, the people of some European countries have figured out that their hapless politicians neither represent their views nor their interests and are pushing back in a more direct way.

Will Italy’s attitude change, having backed, yet again, the wrong side? Time will tell, but it is a start……

Tyler Durden
Fri, 02/28/2025 – 03:30

PKK Founder Orders Kurdish Group To Lay Down Its Arms, Dissolve In Historic Statement

February 28, 2025 Ogghy Filed Under: THE NEWS, Zerohedge

PKK Founder Orders Kurdish Group To Lay Down Its Arms, Dissolve In Historic Statement

A grand deal involving Turkey, Syria, and the Kurds is in the works, and on Thursday a historic announcement was made by the leader of the Kurdistan Workers’ Party (PKK).

Abdullah Ocalan, speaking from a Turkish prison, has called on the group that he founded to lay down its arms and disband. This is the result of years of running Turkish-PKK battles as well as fragile negotiations. The PKK has long been in an official state of war with the Turkish government, which considers it a terrorist organization.

“Convene your congress and make a decision,” Ocalan said in the statement, read aloud both in Kurdish and in Turkish. “All groups must lay down their arms and the P.K.K. must dissolve itself.”

AFP: Abdullah Ocalan in a PKK training camp in Lebanon’s Beqaa valley in 1992

Turkey’s war against the PKK, as well as the conflict’s extension into Syria and Iraq (the YPG/YPJ), has taken tens of thousands of lives. The crackdown on the PKK was its most intense in the 1990s. More recently and connected with the Syria crisis, Turkish warplanes have bombed Syrian Kurdish enclaves connected with the Rojava project.

“The rare message from Mr. Ocalan raised the possibility that a conflict that has killed more than 40,000 people over four decades could finally end,” the NY Times has stated. “It could also echo across borders, given Mr. Ocalan’s profound influence over members of the group in Turkey and Iraq as well as affiliated Kurdish militias in Syria and Iran.”

Ocalan has actually been in prison for a quarter-century at this point, but the influence of his leadership has remained strong, as Kurdish fighters almost worship him. His political doctrine is widely read and quoted.

But even with this huge step of the PKK’s dissolution, the question of implementing details as well as the next steps are highly uncertain. There’s also the question of whether the more hardline Kurdish factions will actually heed the call to lay down arms:

His message was greeted with joy in the Istanbul conference room where Öcalan’s allies gathered to broadcast his call, after displaying a photo of supporters visiting the white-haired septuagenarian. A group of older Kurdish peace activists ululated as the call to lay down arms was read out.

“This is the breaking point of history and it is a positive one,” said Sırrı Süreyya Önder of the pro-Kurdish Peoples’ Equality and Democracy (DEM) party. “We are here with a compass to find a possible route out of these dark chaotic days.”

Önder hinted at some of the potential problems to come, adding that while Öcalan called for the PKK’s dissolution and to lay down arms, this “requires the recognition of democratic politics”, and legal support for a sustained peace.

The Kurdish-led SDF in Syria is unlikely to immediately heed the call. They are supported by the US occupation in northeast Syria and American special forces advisors.

BREAKING — PKK’s Syrian wing PYD leader Salih Muslim says they agree with Ocalan’s statement

“There would be no need for weapons if we are allowed to work politically. If the reasons for carrying weapons disappear we will lay them down”

pic.twitter.com/gIPM2SsWsp

— Ragıp Soylu (@ragipsoylu) February 27, 2025

However this does mean the clock is ticking for the US occupation – which Turkey has long wanted to squeeze out. At the same time, the new HTS rulers in Damascus have been making overtures – offering Syria’s Kurds integration into the state and military, if they abandon hopes for a Kurdish autonomous state.

Thus this ‘grand bargain’ will ultimately be another win for Turkey in the region, and the Pentagon will eventually be forced to pull back. But this is also reportedly what Trump has wanted – a US withdrawal done in a way that doesn’t leave a security vacuum.

Tyler Durden
Fri, 02/28/2025 – 02:45

Romania Is At The Center Of The Struggle Between Liberal-Globalists & Populist-Nationalists

February 28, 2025 Ogghy Filed Under: THE NEWS, Zerohedge

Romania Is At The Center Of The Struggle Between Liberal-Globalists & Populist-Nationalists

Authored by Andrew Korybko via substack,

Observers were shocked on Wednesday after former Romanian presidential front-runner Calin Georgescu was temporarily detained and charged on six counts amidst police raids against some of his closest supporters as he was preparing to file for his candidacy in May’s election redux. The first round last December was annulled on the basis that an unnamed state actor promoted him on TikTok prior to the vote but it was later discovered that this was just another party’s marketing campaign gone wrong.

It was explained here how Georgescu’s election could have ruined the US “deep state’s” escalation plans against Russia while this analysis here added more context after the annulment. The immediate run-up to the latest developments saw Vice President Vance lambast the Romanian government as anti-democratic for what it did last December. 

Wednesday’s events were then followed by Musk retweeting a video of State Department whistleblower Mike Benz describing the “deep state’s” interest in Romania.

Benz drew attention to how Romania agreed to host NATO’s largest airbase in Europe and has played a crucial role in clandestinely transferring Pakistani military equipment to Ukraine. These are important points, as is the “Moldova Highway” that’s mentioned in the two analyses cited above since it completes the last part of the corridor stretching from Greece’s Mediterranean ports to Western Ukraine, but there’s more to what’s happening that just geopolitics. Ideology is arguably just as significant of a factor.

Romania has been under liberal-globalist control for decades after these forces exploited its political dysfunction and endemic corruption to continually install their preferred candidates into power. Georgescu represents the most promising opportunity in years for a populist-nationalist revolution that could finally resolve the aforementioned systemic challenges and thus restore Romania’s sovereignty. His appeals to history, religion, and national interests genuinely resonate with many of his compatriots.

Georgescu can therefore be described as a “Romanian Trump”, but both figures are really just tapping into the populist-nationalist zeitgeist that’s been spreading across the West for years in reaction to the liberal-globalists’ socio-political and economic excesses. He’s his own man, as is Trump, and both simply embody the trend of the times. Like all revolutionaries (or counter-revolutionaries from the perspective of regaining the power that was seized from the people), however, they’re also facing lots of resistance.

It took Trump over eight years before he was able to neutralize the “deep state’s” subversive plots so it’s no surprise that Georgescu, who only just recently began his political career, is having a hard time. Trump was a trailblazer though whereas Georgescu is following in his footsteps so it’s possible that Trump could lend Georgescu a helping hand to greatly speed up the time that it takes for him to neutralize his own “deep state’s” subversive plots. It’s here where the ongoing struggle between the US and EU is relevant.

“Vance’s Munich Speech Vindicated Putin’s Summer 2022 Prediction About Political Change In Europe” and made clear that the US stands on the side of all populist-nationalist movements on the continent. The Romanian “deep state’s” latest attempt to take down Georgescu is essentially a gauntlet thrown at the Trump Administration by its liberal-globalist opponents in Brussels who fully back Bucharest. They want to test whether the US will do anything in response to the EU’s rolling coup in Romania.

What’s unfolding in this Balkan country is nothing less than the opening of another New Cold War front, albeit this time an ideological one between liberal-globalists and populist-nationalists, which also interestingly pits nominal NATO allies against one another as the EU and the US take opposite sides. It’s incumbent on the Trump Administration to do what’s needed to ensure that Georgescu is allowed to run as president in May’s election redux and that the vote is truly free and fair instead of flawed as usual.

To that end, targeted sanctions against Romanian figures, credibly threatening to withdraw its troops from Romania, suspending arms contracts, and extending full political support to populist-nationalist protesters could pressure the authorities into reconsidering the wisdom of doing Brussels’ bidding. At the same time, a comprehensive pressure campaign could also backfire if the German-led EU exploits it as the pretext for deepening its already immense control over Romania, though that could backfire too.

It was explained here in response to the likely next German chancellor’s pledge to “achieve independence” from the US that military, economic, and energy factors make that a lot easier said than done. If provoked, like could soon happen if the German-led EU pushes back against the US’ potentially impending pressure campaign on Romania, then Trump could weaponize each of them in his own such campaign against the EU and Germany that he stands a good chance of winning on both fronts.

Altogether, what just happened in Romania places the country at the center of the intra-Western ideological dimension of the New Cold War, which will determine the future of Europe. Liberal-globalists will either entrench their power in full defiance of Trump, possibly at enormous costs to their countries, or they’ll be democratically deposed by populist-nationalists who share the same worldview as his team. This struggle is historic and the consequences of its outcome will reverberate for decades.

Tyler Durden
Fri, 02/28/2025 – 02:00

NATO Is The Big Obstacle To Peace In Ukraine

February 27, 2025 Ogghy Filed Under: THE NEWS, Zerohedge

NATO Is The Big Obstacle To Peace In Ukraine

Authored by Jacob Hornberger via The Future of Freedom Foundation,

During his recent campaign for president, Donald Trump repeatedly stated that he had a secret plan for settling the war in Ukraine. 

He suggested that he would be able to resolve the conflict within a day of so of taking office. That obviously was political hyperbole because the war is still going on. Trump and people in his administration are now talking to Russian president Vladimir Putin and Russian officials in an effort to find a way to end the war and possibly even normalize relations between the United States and Russia.

There is one great big obstacle, however, to bringing an end to the Ukraine-Russia conflict. That obstacle is NATO, the old Cold War dinosaur that should have gone out of existence with the end of the Cold War, just like the Warsaw Pact did.

Instead, NATO not only remained in existence, it also ultimately became the root cause of the war between Ukraine and Russia.

It’s that critically important point that is lost on the U.S. mainstream media. For them, the war began at the moment that Russia invaded Ukraine. Nothing that preceded that invasion matters to the mainstream media. What came before the invasion is simply considered irrelevant.

But it’s not irrelevant, especially because it might well prove to be an insurmountable obstacle to a lasting peace between Ukraine and Russia.

With the surprise end of the Cold War, the U.S. national-security establishment — i.e., the Pentagon, the CIA, and the NSA — lost its big official enemy — Russia (or, to be more exact, the Soviet Union), which meant the end of the big Cold War racket that had kept the national-security branch in high cotton in terms of power and taxpayer-funded largess.

The Pentagon, the CIA, and the NSA were panicky. At first, they announced that they were willing to participate in the “war on drugs.” They then converted their old partner and ally Saddam Hussein into an official enemy, who they used to scare the American people for some 11 years. Then, their interventionist and deadly foreign policy in the Middle East brought about the 9/11 retaliatory strikes and they were off to the races again, with the “war on terrorism” replacing the Cold War’s “war on communism.”

But they never lost sight of the possibility of reconverting Russia into a renewed official enemy, as part of a new Cold War, especially given that the anti-Russia Cold War sentiment was so deeply embedded within the American people. That’s when they began using NATO to expand eastward toward Russia’s border by absorbing former members of the Warsaw Pact.

An important thing to note about this was that U.S. officials had promised Russia that NATO would not expand. It would stay, they repeatedly stated, right where it was.

It was a lie. Instead, NATO was used to expand eastward, which enabled NATO’s missiles, tanks, weapons, troops, and planes to get ever closer to Russia’s border. It’s worth mentioning that NATO includes Germany, the nation that wreaked untold death and destruction on Russia in the two world wars.

Why would U.S. officials do that? To get their official enemy — and big cash cow — back. They were not ready to let go of Russia as America’s official enemy. And they knew — as an absolute certainty — what Russia’s reaction would be to having U.S. and German missiles, forces, tanks, planes, and armaments getting ever closer to Russia’s borders. They knew that Russia would react negatively — very negatively. And the reason they knew that was because they knew that that is precisely how they would react if Russia began doing the same thing in Cuba.

Moreover, Russia repeatedly told them what would happen if they threatened to absorb Ukraine into NATO. Russia would invade to prevent that from happening. Thus, not surprisingly, NATO threatened to absorb Ukraine, knowing full-well that that would provoke Russia into invading.

Thus, when Russia did invade, U.S. and European officials and the U.S. mainstream press cried, “Aggression! Aggression!” And they were right from a legal standpoint. Russia had no legal right to invade Ukraine, and Ukraine had the legal right to join NATO. But what U.S. officials, European officials, and the U.S. mainstream press steadfastly avoided confronting — and still avoid confronting — is that, as a practical matter, U.S. officials had broken their promise to Russia not to expand NATO eastward and that, as a practical matter, that was the reason for the Ukraine-Russia war.

Why is all that pre-invasion history important insofar as a peace treaty is concerned? Because if one takes the official U.S.-European narrative seriously — that Russia invaded Ukraine because it is an aggressor nation that is hell-bent on conquering the world — then how do they arrive at a satisfactory resolution of the war, given that the real reason that Russia invaded Ukraine was to prevent Ukraine from joining NATO?

Thus, how does Trump guarantee Russia that Ukraine won’t ever join NATO? Sure, he can give his word. He can even put it into writing. But everyone knows that the U.S. government does not keep its word, and everyone knows that the U.S. government lies. Indeed, everyone knows that the U.S. promised Russia that NATO would not move eastward, and it did anyway.

Moreover, even if Russia believes Trump and takes him at his word, Trump could die from a heart attack tomorrow. Moreover, four years from now, America will presumably have a new president. What then? What assurance does Russia have that a new president won’t suddenly announce that NATO is absorbing Ukraine.

Therefore, the best assurance that Russia could be given would be the total dismantling of NATO. 

With no NATO, there is no threat of NATO’s suddenly absorbing Ukraine. Moreover, no more NATO means no more former Warsaw Pact members as members of NATO. 

But what are the chances that Trump will bring an end to this Cold War dinosaur? Very slim, unfortunately, which will make it very difficult to arrive at a lasting peace in Ukraine.

Tyler Durden
Thu, 02/27/2025 – 23:25

How (Un)Free Is The World?

February 27, 2025 Ogghy Filed Under: THE NEWS, Zerohedge

How (Un)Free Is The World?

Global freedom declined for the 19th consecutive year in 2024, according to the Global Freedom Index by democratic watchdog organization Freedom House, released Wednesday. 

As Statista’s Anna Fleck reports, analysts found that 60 countries have experienced a deterioration in their political and civil liberties since 2023, while 34 saw improvements. 

Infographic: The State of Freedom in the World | Statista 

You will find more infographics at Statista

El Salvador, Haiti, Kuwait and Tunisia saw their scores drop the furthest compared to last year, while Bangladesh, Bhutan, Sri Lanka and Syria saw the biggest gains.

In a major year for elections, violence affected 27 of the 66 countries and territories studied in the report where ballots were held last year, including attacks on candidates. In Mexico and South Africa, such assaults were largely at the hands of criminal groups seeking to gain political influence and control of territory. In countries such as France, Japan, South Korea, the United Kingdom and the United States, extremism or partisan stances drove attacks on individuals running for office.

India has seen a decline of 15 points in the past decade. Between 2023 and 2024 it slid three points and was placed in the category of “partly free”. Meanwhile, Indian Kashmir saw an increase of 12 points year on year due largely to its return of elections, lifting it from the “not free” group to the “partly free” group.

Freedoms and security also continued to be hampered by ongoing armed conflicts. Freedom House notes how civil wars, clashes between states, and fighting that involved non-state armed groups have hit local civilian populations in places around the world and have had a negative ripple effect, including fuelling the spread of illicit trades.

The Freedom in the World Index is an index compiled annually by the U.S. NGO Freedom House, which evaluates civil and political freedom in states and territories around the world. The methodology is based on the Declaration of Human Rights as proclaimed by the United Nations (UN) in 1948 and is intended to assess the political rights and civil liberties of individuals rather than governments.

The countries/territories are evaluated by a team of internal and external analysts and expert advisors from a range of academia, think tank and human rights communities, with the final scores being the result of a consensus between the analysts, a panel of outside advisors and Freedom House staff. Depending on the weighted index score for political rights and civil liberties, a country is classified as “free”, “partly free” or “not free”.

Tyler Durden
Thu, 02/27/2025 – 23:00

The Real Victims Of USAID’s Mismanagement

February 27, 2025 Ogghy Filed Under: THE NEWS, Zerohedge

The Real Victims Of USAID’s Mismanagement

Authored by Peter Burns & Isaac Six via RealClearPolitics,

For decades, the United States Agency for International Development (USAID) has been a pillar of global humanitarian assistance, channeling billions of dollars into development projects worldwide. But behind its noble mission of alleviating suffering and fostering stability lies a deeply flawed system – one riddled with pet political programs, excessive overhead, and a rejection of meaningful oversight. Now, as USAID faces drastic budget cuts and program suspensions, the consequences of these longstanding failures are being felt not just by contractors and implementers but by the very people the agency was meant to serve.

While some may view these reductions as an unfortunate casualty of shifting political priorities, they are, in many ways, the predictable outcome of an institution that has operated with a sense of entitlement for far too long. USAID’s unchecked hubris, its tendency to fund projects of questionable value, and its failure to ensure that taxpayer dollars are being spent advancing their interest have all contributed to the current crisis. If the United States is to maintain its leadership in international development, a fundamental reckoning with USAID’s practices is long overdue. 

A System Transformed To Serve Itself

Despite its important mission and the efforts of well-intentioned staff, USAID had become notorious for inefficiencies and bloated bureaucracies. A significant portion of its $58.4 billion budget never reached those in need, instead getting caught in a web of administrative costs and layers of subcontractors.

Take, for example, Chemonics International, one of USAID’s largest implementing partners. While its contracts are often worth billions, much of that money never reaches the ground. Instead, it is eaten up by overhead costs and an expansive bureaucracy that has grown wealthy off U.S. foreign aid. For example, when the first Trump administration announced hundreds of millions in aid money to help rebuild religious minority communities devastated by ISIS genocide, hopes were high, but between Chemonics and years of USAID bureaucratic entanglement, little of the money was ever seen or felt by the communities for which it was meant. 

At the heart of this problem is the way USAID structures its funding. Rather than directly administering aid, the agency too often relied on large implementing partners that, in turn, subcontracted work to other organizations. Each layer takes its share of the funding, leaving only a fraction of the original budget for actual aid delivery. This model has created an ecosystem in which a handful of firms secure massive contracts while local organizations – often better positioned to execute aid programs effectively – are historically sidelined.

Worse yet, USAID has a history of funding projects that, at best, have limited impact and, at worst, appear to be completely partisan nonsense. Taxpayer dollars have gone to fund a transgender-themed opera in Columbia, a DEI-themed musical event in Ireland, and an LGBTQ+ promoting comic book in Peru. In an era of growing global crisis, such spending choices raise serious questions about the agency’s priorities and how grant awards are being vetted. The plethora of absurd programs suggests more than a simple oversight within a massive bureaucracy. 

Wealthy Contractors, Struggling Recipients

For those who have worked within USAID’s ecosystem, the disconnect between the agency’s stated mission and its actual operations is glaring. Many of its largest contractors have thrived financially even as the populations they were meant to assist saw limited benefit. A handful of development firms have built entire business ecosystems off USAID funding, securing contract after contract while delivering lackluster results.

Meanwhile, the human cost of these inefficiencies cannot be overstated. As USAID-funded programs are halted or downsized, jobs are being lost – not just in Washington, D.C., but across the developing world. Local employees who relied on USAID-funded jobs to support their families now find themselves without work, caught in the fallout of an aid system that prioritized contract value over sustainable impact. 

The Path Forward

The current funding review comes at a pivotal moment. Recognizing the risks of an abrupt pullback, the administration has granted a waiver for existing life-saving humanitarian assistance programs, allowing them to continue while broader budgetary decisions are made. 

For U.S. international aid to regain the American people’s trust and truly advance U.S. national interest abroad, systemic changes must be made. [ZH: or just let it die] The process needs greater oversight in allocating funds and a renewed focus on delivering aid efficiently. This means reducing the reliance on massive contracts that siphon money away from recipients and instead empowering local organizations that can execute projects. On the ground, U.S. expertise and local faith communities that have existing trust and accountability can be used to balance the challenges of moving away from large international aid implementors. The idea of bringing foreign assistance back into the Department of State makes a lot of sense and reflects the structure many governments are moving toward, such as the UK’s restructuring in 2020. 

There is no question that foreign aid remains a critical tool of U.S. diplomacy and global leadership. Reforms of this nature are painful and disruptive, much like a first trip back to the gym after the holidays, but the results can be worth the burn. This moment of reckoning presents an opportunity to rebuild a system that truly works – one that prioritizes U.S. interest, effectiveness, and the people it was meant to help. Anything less would be a disservice to American taxpayers and the millions who rely on U.S. aid for survival.

Peter Burns is executive director of the International Religious Freedom Summit and previously served at the U.S. Department of State. 

Isaac Six is the co-founder and CEO of The Six Group, an organization dedicated to advancing religious freedom around the world, and has worked for nearly 14 years in Washington, D.C., on international religious freedom issues.

Tyler Durden
Thu, 02/27/2025 – 22:35

These Are The Highest Paid World Leaders

February 27, 2025 Ogghy Filed Under: THE NEWS, Zerohedge

These Are The Highest Paid World Leaders

A study by Slot.Day ranked the ten highest-paid world leaders, comparing their salaries against their respective nations’ GDP per capita to standardize comparisons across economies.

Singapore’s Prime Minister Lawrence Wong tops the list as the world’s highest-paid leader, earning $1.6 million annually—nearly 1.5 times the country’s GDP per capita of $84.7K, according to Slot.Day.

Hong Kong’s Chief Executive, John Lee Ka-chiu, ranks second with a $695K salary, more than 1.1 times Hong Kong’s GDP per capita but less than half of Wong’s earnings. Switzerland’s President, Viola Amherd, follows in third place, earning $572K, which is less than half of the country’s GDP per capita of $99.9K.

Australia’s Prime Minister Anthony Albanese ranks fourth with a $413K salary, equating to 53% of the nation’s GDP per capita. U.S. President Donald Trump takes the fifth spot with a $400K salary—only 40% of the U.S. GDP per capita of $81.6K, the lowest ratio among the top 10.

The study by Slot.Day study revealed that in sixth place, European Commission President Ursula von der Leyen earns $364K, about 50% of the EU’s GDP per capita. Austria’s Chancellor Karl Nehammer ranks seventh with a $317K salary, or 47% of Austria’s GDP per capita.

New Zealand’s Prime Minister Christopher Luxon ranks eighth, earning $311K, or 53% of the country’s GDP per capita—the same ratio as his Australian counterpart. Canada’s Prime Minister Justin Trudeau is ninth with a $301.4K salary, reflecting a salary-to-GDP ratio of 47.06%.

Germany’s Chancellor Olaf Scholz rounds out the top ten with a $293.7K salary, maintaining the European norm at 46% of GDP per capita.

A spokesperson for Slot.Day said: “The vast differences in world leader salaries show how nations prioritize executive compensation in relation to economic output. While some leaders earn well above their country’s GDP per capita, others operate within stricter public service norms.”

They continued: “The uniformity of European salary ratios around 47% suggests a structured approach to governance pay, contrasting sharply with regions where leadership compensation far exceeds national averages. These disparities reflect broader political philosophies—whether leadership is seen as a high-value executive role or a duty bound by fiscal restraint.”

The entire dataset from the report can be found here. 

Tyler Durden
Thu, 02/27/2025 – 22:10

Bidenflation & His Media Whores

February 27, 2025 Ogghy Filed Under: THE NEWS, Zerohedge

Bidenflation & His Media Whores

Submitted by Jim Bovard

High inflation spurred Donald Trump’s defeat of Kamala Harris last November. The economy was the top issue for most voters, and inflation was the top economic issue. As Biden’s partner in economic crime, Harris could not escape the blame for the torpedoing of the dollar’s value in recent years.

Inflation occurs when the government prints excessive currency, resulting in more money chasing the same amount of goods and services. Nobel Laureate economist Friedrich Hayek wrote, “Inflation is never an unavoidable natural disaster; it is always the result of the weakness or ignorance of those in charge of monetary policy.” As economist Per Bylund observed, “Inflation is money losing its purchasing power.” Government is the premier profiteer of inflation, providing politicians with “free” money to spend while systematically defaulting on any debts government promised to pay.

Biden inflation lies begin

In July 2021, Biden declared, “There’s nobody suggesting there’s unchecked inflation on the way — no serious economist.” Actually,  there were plenty of dire warnings. In December 2021, Biden scoffed at inflation as a “bump in the road.” But that “bump” became a hole in the gas tank for tens of millions of Americans who drive to work as fuel prices set one record after another. Biden claimed inflation is a problem everywhere, but National Public Radio reported that “between 2019 and 2021, the United States saw one of the biggest inflation rate increases in the world, behind only Brazil and Turkey.” Rep. Lance Gooden (R–Texas) noted, “Joe Biden promised $2,000 stimulus checks but gave Americans $5,000 per year inflation instead.”

Biden spawned the highest rate of food inflation since the Nixon administration, but he scoffed when a CNN interviewer recently asked him about the 30 percent rise in grocery prices. Biden ridiculously declared of consumers, “They have the money to spend!” Exiled whistleblower Edward Snowden quipped that the White House was trying to defuse anger by “telling people no, no, a shopping cart full of groceries has always cost $36,000.”

Biden’s pro-inflation policies divided Americans between those who work for a living and those who vote for a living. In  2021, Biden boasted, “Even after accounting for inflation … our families have more money in their pockets than they did before the pandemic.” Putting more unearned dollars in people’s pockets was a windfall for politicians, but it worsened economic disruptions. Besides, it was scant consolation to have more dollars that purchase less and less each month.

Experts kindly offered plenty of financial remedies to hard-pressed Americans. For Thanksgiving 2021, the Federal Reserve recommended that people rely on soybean-based dinners instead of turkey — saving 76 cents a serving. Georgia Democratic Party leader Stacey Abrams touted abortion as a cure for inflation: “Having children is why you’re worried about your price for gas, it’s why you’re concerned about how much food costs. For women, this is not a reductive issue.” Professor Teresa Ghilarducci, in a Washington Post op-ed, recommended that families with an income less than $289,000 per year “adjust” to inflation by eating lentils instead of meat, ditching their car and taking public transit, and maybe letting their pets die. In October 2022, Biden implied that soaring food prices wouldn’t be a real problem if Americans bought no-name, store-brand Raisin Bran instead of Kellogg’s.

Biden’s media whores

Pro-Biden media outlets painted inflation as practically a divine blessing that Biden is bestowing on Americans. MSNBC tweeted, “Why the inflation we’re seeing now is a good thing,” while The Intercept went whole-hog on soaring milk prices: “Inflation is Good for You.”  The Washington Post editorial board rushed to absolve Biden: “The main reason inflation is at its highest level since 1982” is because “people continue to spend a lot of time at home” and demand more goods. MSNBC anchor Joy Reid claimed in November 2022 that inflation was a word that Republicans “taught people…. Most people would have never used that word ever in their lives are using it now because they’ve been taught it.” The same month, Treasury Secretary Janet Yellen blamed inflation on citizens frustrated by lockdowns who “suddenly started splurging on goods.” Most pundits dismissed or disdained people who complained about how the 20+ percent inflation of the Biden era harmed their families. Author Tom Woods noted that leftists “are now mocking people who are concerned about price inflation by using the expression ‘burger too expensive.’”

NPR ran a tear-jerking piece headlined: “The Movement To Stick Inflation Blame On Biden.” After disparaging the “I did that!” stickers of Biden’s face being attached to gas pumps and other places, NPR lamented, “It’s not just vandals, pranksters, and TikTokers trying to stick inflation blame on Biden.” After admitting that real wages for workers fell 2.4 percent last year, NPR consoles, “It’s A Crummy Time To Be A World Leader.”

But inflation was much worse than Biden or the media admitted. Beginning in the 1980s, the formula for calculating inflation was revised dozens of times, almost always with a downward bias. The Consumer Price Index is skewed because it does not attempt to compare the price of the same basket of goods over time. Instead, federal officials concocted a gauge they claim measures a “constant level of satisfaction.” But who in hell made bureaucrats the supreme judges of happiness?

In addition to that bureaucratic fairy dust, the inflation formula was changed to severely underweight rises in housing prices, instead relying on “the new concept of homeowners’ equivalent rent, where the government would estimate how much it would cost to own your own house,” John Williams, the founder of Shadow Stats, observed. The average monthly mortgage payment on a median-priced home has doubled since Biden took office.

Larry Summers, Bill Clinton’s treasury secretary, observed that if the feds used the same inflation gauges during Biden’s administration that were used in the 1970s, Biden’s peak inflation would have been 18 percent, twice as high as the reported number and the highest inflation rate in U.S. history. Understating inflation permitted the Biden administration to deny much of the financial damage it inflicted.

Biden portrayed himself as inflation’s biggest victim. “Inflation is the bane of our existence,” Biden lamented to a talk show host in June 2022. Unfortunately, he was referring to inflation’s effect on his approval ratings, not the plight of average Americans struggling to pay for gas and groceries. When Peter Doocy of Fox News asked about the impact of inflation in January, Biden called him “a stupid son of a bitch.” The Biden administration presumed that giving more handouts to government dependents would ease the pain of self-reliant middle class families — perhaps by osmosis.

Economic hocus pocus

Biden’s policies were based the “Magic Bean School of Political Economy.” His policymakers favor Modern Monetary Theory (MMT) — the notion that government spending almost never has an adverse effect on the economy. MMT advocates believe there is practically no problem that cannot supposedly be solved by bigger gushers of free government money. A Washington Post headline captured the administration’s presumptions: “Biden’s big bet: That he can remake economy with no bad side effects” such as “less incentive to work.” But as USA Today reported, “Many people have permanently stopped working, depressing labor force participation” by millions of people. Labor force participation has fallen sharply since 2019.

MMT champions are adamant that the flood of new money is irrelevant to rising price levels. In a March 2022 speech to Democratic members of Congress, Biden raged at being blamed for inflation: “I’m sick of this stuff!… We have to talk about it because the American people think the reason for inflation is the government spending more money. Simply. Not. True.”

Biden sought to deflate the political peril by demagoguing against corporations for raising prices. After Russia invaded Ukraine, Biden found a new culprit: “Make no mistake, inflation is largely the fault of Putin.” But inflation was already at 7 percent before the invasion of Ukraine. Biden began denouncing the “Putin Price Hikes,” but polls showed that few Americans  swallowed that assertion. In June 2022, the Washington Post reported that Biden was blaming his White House aides for his problem with inflation: he “complained to aides that they were not doing a good job explaining the causes of inflation and what the administration is doing about it.”

In the final weeks of the 2022 midterm congressional campaign, Biden boasted of the impact of inflation — at least on voters pocketing federal checks. He told senior citizens in Florida, “On my watch, for the first time in 10 years, seniors are getting an increase in their Social Security checks.” In reality, Social Security benefits have increased every year since 2016. The White House tweeted: “Seniors are getting the biggest increase in their Social Security checks in 10 years through President Biden’s leadership.” Even CNN derided that comment, since Social Security benefits are linked to inflation by law. Actually, the benefit boost was the largest in 40 years.

According to Biden, “shrinkflation” — adjusting for inflation by selling smaller products for the same price — is a worse crime than anything his administration inflicted on the American people. Biden condemned corporations for “charging folks more and more for less and less.” In his 2024 Super Bowl ad denouncing shrinkflation, Biden declared, “The American public is tired of being played for suckers.” Politico reported, “The White House has been aggressively testing out the [shrinkflation] messaging on the airwaves and in internal polling ahead” of Biden’s State of the Union speech. But unlike governments that force people to pay more taxes for worse services, corporations cannot conscript their victims. Biden’s attempt to persuade Americans they were being crucified on a cross made of shrinking candy bars failed.

Biden sought to “fix” inflation the same way he “solved” other debacles: with brazen lies that presumed his listeners are either idiots or NPR junkies. As voters focused more on the losses of their purchasing power, Biden repeatedly declared in early 2024 that the inflation rate was 9 percent at the time he took office  — almost six times the actual rate. Biden’s credibility deteriorated even faster than the value of the U.S. dollar.

Policymakers ignored the devastation they inflicted. When asked during a January 2022 news conference about how “inflation affects different groups of Americans,” Fed Chair Jerome Powell said he wasn’t “aware of … inflation literally falling more on different socioeconomic groups…. The point is some people are just really prone to suffer more.” Inflation sounded like a problem that therapists must solve. In reality, lower-income households spend a far higher percent of their income on food, gas, and heating their homes — three categories where prices have soared. A survey by Lending Club in early 2022 found that “61 percent of the U.S. population lived paycheck to paycheck, up seven percentage points since the first report in June 2021, including 77 percent of consumers earning less than $50,000.” In October 2022, the Federal Reserve Bank of Dallas reported that most American workers had suffered the harshest fall in wages in 25 years, including a “median decline in real wages” of more than 8.5 percent.

Biden’s attempt to portray himself as an innocent bystander to the destruction of value of the U.S. dollar was a disastrous flop. The president suffered political “death by a thousand price hikes,” as consumers blamed Biden each time they hit the gas pump or grocery store.

When Kamala Harris signaled that she would likely continue Biden’s policies across the board, voters recognized that she had learned nothing from Biden’s debacles. The Harris campaign believed that perpetually championing the right to abortion would guarantee them more than enough votes from women. But it turned out that “women buy milk and eggs more often than they get abortions.”

A century ago, Americans clearly recognized the moral implications of inflation. Vice President Calvin Coolidge bluntly declared in 1922: “Inflation is repudiation.” But it remains to be seen whether the inflationary torrent of recent years will awaken Americans to the folly of trusting Washington to not sabotage their personal independence or the nation’s prosperity.

Tyler Durden
Thu, 02/27/2025 – 21:45

These Are The Most Powerful Passports In 2025

February 27, 2025 Ogghy Filed Under: THE NEWS, Zerohedge

These Are The Most Powerful Passports In 2025

A strong passport provides greater travel freedom, lower costs, and easier global mobility for work, study, and leisure. 

But which passports are the most powerful in 2025?

This ranking, via Visual Capitalist’s Bruno Venditti, is based on data from Henley & Partners, which determines the number of countries a passport holder can visit visa-free.

Asian Passports Lead the Way

Asia dominates the top rankings, with Singapore, Japan, and South Korea offering visa-free access to over 190 countries out of 227 destinations worldwide. Interestingly, Japan regained visa-free access to neighboring China for the first time since the COVID-19 lockdowns.

Germany and France, which held the top spot in 2024, have now dropped to third place.

Europe Follows Closely

The rest of the top 15 is largely made up of European countries: Denmark, Finland, Ireland, Italy, Spain, Austria, Belgium, Luxembourg, the Netherlands, and Norway.

The U.S. Passport Slips Further

Noticeably absent from the top rankings, the U.S. passport has fallen from its traditional first or second place a decade ago. Today, U.S. passport holders can travel to 183 destinations visa-free.

The U.S. is slightly edged out in the ranking by countries like Canada (185 visa-free destinations), the UK (186), and Australia (186).

If you enjoyed this content, check out The Least Powerful Passports in 2025, listing the 15 countries with the least visa-free access. To put it into perspective, a Singaporean passport grants access to 169 more destinations visa-free compared to an Afghan passport.

Tyler Durden
Thu, 02/27/2025 – 21:20

‘Fraud On A Mass Scale’ – Why Trump Should Repeal Real Estate Tax

February 27, 2025 Ogghy Filed Under: THE NEWS, Zerohedge

‘Fraud On A Mass Scale’ – Why Trump Should Repeal Real Estate Tax

Submitted by Mitchell Vexler,

IN THE Texas House Of Representatives Ways and Means Committee 

BRIEF OF MITCHELL VEXLER AS AMICUS CURIAE SUPPORTING PROPERTY OWNERS ACROSS TEXAS AND THE UNITED STATES OF AMERICA 

Bill to Repeal Real Estate Tax in favor of a UNIFORM STATES SALES TAX 

A Presentation to President Trump and Elon Musk 

02/17/2025 

This is the short version of the Amicus created for ZeroHedge. For the full print version of the Amicus Brief Supporting Property Owners and School Districts and Accounting Fraud, both of which are being delivered by hand to President Trump click here and here.

Introduction of Argument 

The Home Affordability and Probability of Bankruptcy graphic below shows Taxation of Unrealized Gains, which is a violation of the 16th Amendment to the U.S. Constitution. Market Value is the mechanism in Texas and most States in the Union, from which the Assessed Value is created. 

Under current Texas Law you can protest your Market Value but not the Assessed Value. If the Market Value is fraudulent, then so is the Assessed Value. 

Comparing Median Household Income and Expenses – All that matters is the Median Household Income 

How Much Rent Can I afford? = Median Household Income X .30%. 

How Much Debt to Income for a House is standard = 28% 

The Bankruptcy Probability Worksheet establishes the following which can be adjusted for any County in the United States: 

1. Denton County Median Household Income is $109,126.00 

2. Based on a 28% DTI a $109,126.00 income can afford a $296,000 home 

3. Denton Central Appraisal District has stated (fraudulently) that the Median Home Market Value is $514,000. 

4. To afford a $514,000 home utilizing the DTI of 28% the Median Household Income would need to be $189,500 which is 57% greater than the $109,126 Median Household Income. 

5. Home affordability is roughly 74% less than the assessed “market value” proving the fraud because the vast majority of Denton County Citizens do not earn $189,500. 

6. The fraud is created by ignoring USPAP (Uniform Standards of Professional Appraisal Practice), Texas Property Tax Code, Texas Constitution and U.S Constitution.

THE CURRENT POTENTIAL % OF HOUSEHOLDS AT RISK OF LOSING THEIR HOME AS A DIRECT IRREFUTABLE RESULT OF THE FRAUD IS 37.81% as seen in the Bankruptcy Probability Worksheet below:

Specifically, what you see is the cumulative compounding fraud on the public via Market Value as solely determined by Denton Central Appraisal District (CAD) and applicable to any CAD in all 3,143 Counties across the United States, between 2021 and 2023, the net result for 2023 is that 72% of homeowners cannot afford the average market value of what DCAD claims is a $514,000 home. 37% of all households are at risk of losing their home. The same mathematical formulas apply across the State of Texas and the United States of America. 

You would logically then ask, how could that happen? 

Argument 

This graphic shows 2 different single-family residences in 2 different municipalities and then looks at the change in appraisal notice market value, final market value and assessed value for the years 2016-2023 and then looks at the inflation, as stated by the U.S. Treasury, during those years. 

You will see that regardless of which value percentage compared, being Notice Value, Final Market Value, or Assessed value, DCAD through its corrupt database and co-conspirators increased the values 156% to 327% faster than inflation. The same mathematical formulas apply across the State of Texas and the United States of America. 

An entire community in Copper Canyon Texas where the values increased 205% faster than inflation.

In Law under USPAP, and The Texas Property Tax Code, what “clear and convincing” evidence exists for a home to go up from $1,149,000 market value to $1,858,935 initial notice value, which is 62% higher than the prior year? The answer is none and this is just a snippet of the corruption of the database and those people deploying made up values (Taxation of Unrealized Gains / Market Value) against the real estate taxpayers. It also proves that DCAD, JCAD, HCAD etc. are incapable, by intent, of obtaining an Initial Notice of Market Value, which is a violation of USPAP, Texas Property Tax Code and the Texas Constitution and The Constitution of the United States of America. The law does not say “lets just make the values up to satisfy a pre-determined budget created by a Taxing Entity (i.e. school district) 

Change in Market Value – Year over year in RED as high as 420% 

The change in market value for this commercial property is equivalent to an 8 standard deviation move, when the norm under USPAP is .5 STDEV or + or – 5% to 10%. The odds of an 8 STDEV is 1 in 390,000,000,000 yet there are only approximately 511,000 tax accounts in Denton County. The same mathematical formulas apply across the State of Texas and the United States of America. 

Analysis of three Apartment Properties in Denton County. 

DCAD created class codes, beyond the purview of the public, without accuracy or uniformity in its application and in violation of USPAP and Mass Appraisal Standards and thus in violation of the Law. 

This graphic shows DCAD’s (an most CADs across the U.S.) failings under the Mass Appraisal Standards: 

  • Did DCAD factor in wage growth? No 

  • Did DCAD factor in cost of mortgage rates? No 

  • Did DCAD look at wage adjusted mortgage payments? No 

  • Did DCAD study mortgage application volume? No 

  • Did DCAD look at Consumer Price Inflation, month over month % change ? No 

  • Did DCAD use proper comparisons as required under USPAP and Law? No 

  • Did DCAD conform to USPAP? No 

  • Did DCAD examine SF rental income as a method to value SF homes? No 

  • Did DCAD study standard deviation of price as a method to value property? No 

  • Does DCAD have a system of checks and balance to prohibit corrupt data? No 

  • Did DCAD use Standard Deviation to determine the expected move of price? No 

  • Did the DCAD Board hire a Chief Appraiser capable of doing the job? No 

  • Did the County Tax Assessor Collector knowingly accept corrupt data from DCAD? YES 

  • DID DCAD BREAK THE LAW, UPSAP, TEXAS CONSTITUTION, & US CONSTITUTION? YES 

  • Did CADs across Texas follow the same non-enforcement of Appraisal Laws as DCAD? YES 

In the mass appraisal process, DCAD has failed to consider “all available evidence” and “supply and demand” factors that affect property value. 

The exact same method of criminality exists in the majority of CADs across the United States. 

The net result of the root causes as outlined above is fraud on a mass scale. 

2023 Notice Values in Denton County were over $30 Billion higher than 2022, 20+% higher. DCAD brazenly & recklessly increased values of properties for years, unchecked & without accountability. 

Result and effect of their deception & overvaluation in violation of The Texas Constitution in “affordability” analysis. 

  • 72% of Denton County homeowners cannot afford the average market value of a home. 

  • With average market value at $514,082, only 27.29% can. 

  • In 2021, 65.10% of households owned a home. 

  • In 2023, 37.81% of households are at risk of losing their home (65.10%-27.29%). 

  • Households need annual gross income of $189,500 to afford a $514,082 home. 

  • With 2023 median household incomes of $109,126 the lender’s housing-income ratio (48%>28%). 

  • 2023 median income household can only afford a home valued at $296,000 

  • 72.72% of Denton County homeowners would fail loan approval on $551,082 avg mkt home value. 

  • Certified average home values of $514,082 are overvalued by 42% based on affordability. ($514,028 – $296,000 = $218,082. $218,082 / $514,082 = 42%) 

  • Average home value in this dollar range ($514,082) are obviously being valued as if NEW. 

  • DCAD is using new homes (bad comparisons) to value existing homes. 

  • New construction homes should not be used in comparison to older homes. 

The summary of the above is: 

A.) There is no clear and convincing evidence to justify 20% increases year over year yet alone 420%. Thus, an irrefutable violation of every appraisal method, requirement, and law ever written. 

B.) Based on the 140-property sample, what clear and convincing evidence exists to increase commercial property values in bulk by 80% year over year when the cash flows are generally flat? The answer is none, meaning that the initial notice of values is determined by hand, outside the confines of USPAP and the Texas Property Tax Code and the Texas Constitution. 

C.) What was the purpose to go from 6 class codes to 28 class codes, when there are no audits of data entry? DCAD thinks, let’s just make it up…nobody will figure it out. “We are DCAD and the public has to trust us”. The best descriptive words to describe this creation of categories is a scam, sham, and con and it gets worse in that even after the creation of these categories, DCAD simply increases the values to meet the pre-determined budgets of the Taxing Entities, all of which ends in a violation of the Texas Constitution. 

D.) These class codes do not exist in many other Central Appraisal Districts and there is no uniformity of application. 

It is the combination of the above facts created by government overreach and constitutional violations which are demonstrated in the graphics that define government creep, but the mathematical ramifications of violating the very existence of the Laws for the purpose of funding pre-determined budgets of the Taxing Entities (which in itself violates USPAP), shows the level of ignorance of the Central Appraisal Districts and lack of care or understanding for the very people and corporations that generate the revenue to begin with. What you see in the above graphics in Denton County alone is that over 100,000 homeowners today are severely impacted by what DCAD and its co-conspirators have done, which is irrefutably illegal, and criminal and this is occurring across the United States. 

You can now see exactly how fraud is perpetrated by the intentional misapplication of Market Value (Taxation of Unrealized Gains). We cannot stress enough the economic damage that will occur across the State of Texas to homeowners, commercial property owners and businesses, if this real estate tax is not repealed in favor of a Uniform States Sales Tax. We have the math that ties to the laws to show how bad this will be, and it shows that the risk greatly outweighs the rewards of owning real estate and will cause a dramatic domino effect of bankruptcies not just of homeowners and income property owners but to the mortgage holders, bond investors, which are pensions and 401Ks. Not repealing the real estate tax will have the effect of destroying the very fabric of everyday American life in that owning a home will be an impossibility for many people who strive to be owners and destroy any reason to own commercial property.

$22.5 Trillion in 5 years of fraudulent overvaluation, resulting in $450 Billion of fraudulent over taxation of Mom and Pop: 

Parabolic home prices up 100% in 5 years create losses which accrue to the Property Owners (Mom and Pop). $21.25 Trillion in fraudulent overvaluation led to $450,000,000,000 in over taxation in 2024 alone.

To give you a more in-depth understanding of the gravity of this situation, look at the median household income shortfall in the lower 1/3 of the graphic; 

Affordability Testing across Texas: In the lower 1/3 of the graphic look at the median household income shortfall.

This is fraud! 

An elaborate scheme (government overreach) of all these entities: 

DCAD creates fraudulent income statements, uses comparisons in violation of USPAP, “manipulates 60,000 properties” (audio recording), builds into their valuations the pre-determined budgets of the taxing entities, negotiates values before protest hearings because they can’t get to all the protests, issues a directive to ARB panels not to go below the homestead cap, all of which is a violation of USPAP, Texas Constitution and The Constitution of the United States of America and all of which create dirty data and corrupt databases. Our evidence proves that DCAD and its co-conspirators are not doing appraisals under any definition in law, are violating USPAP, and due to intentionally corrupt databases are incapable of arriving at a legitimate Market Value.

The same mathematical formulas apply across the State of Texas and the United States of America. 

There is no other answer other than an elaborate scheme (fraudulent government overreach), and all these entities and people are participating in the scheme.

Overview: Flow of Intertwined organizations and resulting violations of law.

Taxation of unrealized gains (aka Market Value) in violation of the 16th amendment, considering government creep, literally and mathematically means that there would be no probable way for any property owner to make money on their assets in the short term or the long term because of the compound cumulative effect of the overvaluation and over taxation reduces the profit, if any. 

What is lost in the depth of these issues, is that allowing Taxation of Unrealized Gains (Market Value) is cause and the exact definition of bankruptcy where the liabilities are greater than the assets. Further, the home income to debt ratio under the above scenario would breach 60% (Bureau of Labor Statistics, HUD, FHA, and Lenders utilize 28%) and this means that the average Denton County household could not afford a $150,000 home let alone a $350,000 home or as currently claimed by DCAD a $514,000 median value of a home. 

16th Amendment to The Constitution of the United States of America – In the years 2016, 2017, 2018, 2019…2023 and prior to the creation of The Constitution of the United States of America, there were and are no laws in the United States that allow Taxation of Unrealized Gains / Market Value. The government overreach as evidenced herein is trying to create Taxation of Unrealized Gains / Market Value, without understanding the ramifications of such action which bring us to where we are…the tipping point. The State of Texas Legislature which created the Taxing Entities which own the CADs and the State Comptroller which allegedly oversees DCAD and the CADs, and the Executive Branch at that time did a work around the U.S. Constitution and have violated the 16th Amendment which states “Congress to lay and collect taxes on incomes, from whatever source derived”. This is why it says, “taxes on incomes”. Then as now, income was understood to refer to gains realized by a taxpayer through payment, exchange, or the like, not merely increase in value of property. Appreciation in the value of a home or other asset is not income until it is sold, and the gain realized, and no property should be taxed on sale or based on market value. We would be remiss if we did not point out that the appreciation in value (inflation) is directly correlated to the decrease in purchasing power of the U.S. dollar which neither DCAD and its co-conspirators take into consideration which ends up being the equity stripping of Mom and Pop. 

On average 9% of the median household income goes into real estate tax regardless of home ownership or renting. 

Roughly 9% ($7,000.00) of a median income goes to real estate tax on homes. The average household is short roughly $9,000 per year of which $7,000 is real estate tax. The difference of surviving or bankruptcy is the real estate tax. 

What is the Wheel of Fraud? 

What are the benefits of repealing the real estate tax in favor of a Uniform States Sales Tax? 

What are the laws being broken? 

If you want the answers and evidence to these questions please see the videos below and related documents below the videos and visit www.mockingbirdproperties.com/dcad All the information is free. 

“I sincerely believe…that the principle of spending money to be paid by posterity under the name of funding is but swindling futurity on a large scale” 

– Thomas Jefferson 1816 

Conclusion 

Roughly 9% ($7,000.00) of a median income goes to real estate tax on homes. The average household (37% at risk of losing their home and 65% can’t afford the claimed median home value) is short roughly $9,000 per year of which $7,000 is real estate tax. The difference of surviving or bankruptcy is the real estate tax. 

Those who vote against the elimination of real estate tax in favor of a Uniform States Sales Tax are voting against their own family, friends, neighbors, constituents and placing 30% + of the households in bankruptcy. 

Title 42 U.S. Code Section 1986, Knowledge of Wrongful Act & Power to Prevent. 

Do not make the law irrelevant. 

Extraordinary circumstances require extraordinary leadership. Texas can lead in the solution or put its Citizens in imminent harm’s way of bankruptcy. Eliminating a corrupt bankrupt system and prohibiting future financial leverage in the school districts, so that it never happens again is non-negotiable. As there is no alternative, I strongly suggest the immediate elimination of real estate tax in favor of the Uniform States Sales Tax. 

Eliminating the real estate tax in favor of the Uniform States Sales Tax, across the U.S., will inject over $1 Trillion back into the economy within 12 months. 

*  *  *

Resources

These are the corresponding videos to this article and the document delivery to President Trump, Elon Musk and Pam Bondi:

Accounting Fraud 60X larger than Enron 

Amicus Brief Supporting Property Owners and School Districts and Accounting Fraud. 

School Districts Fraud.

Tyler Durden
Thu, 02/27/2025 – 20:55

  • « Go to Previous Page
  • Page 1
  • Interim pages omitted …
  • Page 332
  • Page 333
  • Page 334
  • Page 335
  • Page 336
  • Interim pages omitted …
  • Page 360
  • Go to Next Page »

Primary Sidebar

Latest Posts

  • Opinion: Luxury Fashion Finds The Light at the End of The Tunnel
  • ‘De-Brexit’? UK PM Starmer Accused Of “Surrender” As Britain Pens New Agreement With Brussels
  • Steady Cannes market awaits arrival of big deals
  • “There needs to be a rethink”: Korean sellers at Cannes market reflect on challenges
  • Flashback: Legacy Media Pushed Pause for Biden’s Cancer but Blamed Trump for Assassination Attempt
  • NBC Only Legacy Newscast to Include ‘Original Sin’, Hur Tapes in Biden Coverage
  • Ex-FBI Director James Comey says he doesn’t expect to be charged over ‘86 47’ Instagram post: ‘Ridiculous’
  • Florida man arrested for shooting neighbor’s pregnant cow after it wandered onto his property
  • DOJ Charges Democratic Rep. McIver With Assault Over ICE Detention Site Clash
  • When Trying to Be “Good” with Food Makes Us Sick
  • Flashback: Hakeem Jeffries Threatened Consequences If ICE-Clashing Dems Were Charged – Now What?
  • Tom Cruise Says He ‘Can’t See’ During ‘Final Reckoning’ Underwater Sequence Because of Intense Lighting and Had to Wear ‘125 Pound’ Diving Suit: It Took ‘Years of Development’
  • Put down that chicken nugget — microplastics in junk food may be making you depressed
  • Mark Vientos’ power becoming too ‘on and off’ for Mets
  • Hannah Kobayashi appears to address father’s suicide six months after he took his life while trying to find her
  • USTA unveils $800M renovation of US Open’s Billie Jean King Tennis Center
  • Lead prosecutor of Shohei Ohtani baseball betting investigation resigns
  • XRP Futures Rack Up $1.5M Trading Volumes on CME Debut
  • Sylndr, with fresh $15.7M, allows users to buy, sell, finance, and service used cars in Egypt
  • House GOP channels ‘Nighthawks’ as they try to pass Trump’s ‘big, beautiful bill’

🚢 Unlock Exclusive Cruise Deals & Sail Away! 🚢

🛩️ Fly Smarter with OGGHY Jet Set
🎟️ Hot Tickets Now
🌴 Explore Tours & Experiences
© 2025 William Liles (dba OGGHYmedia). All rights reserved.