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INTEREST RATE SHOCK

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Interest Rate Shock

Open Letter to The Honourable Chrystia Freeland, Deputy Prime Minister and Minister of Finance

January 4, 2021

FOR IMMEDIATE RELEASE

Red Deer – Mountain View, AB

The economic collapse as a result of COVID-19 lockdown measures has pushed the real interest rate to record lows. This rate however, is very misleading given our current economic environment.

  1. Baby boomers are retiring and are reducing the pool of available investable funds.
  2. Reduced number of people in the workforce will result in higher wage demands.
  3. Inevitable higher taxes required to repay significant debt brought on by lockdowns.
  4. High likelihood of reduced outsourcing in order to protect domestic supply chains.
  5. An economic plan that focuses on “green” incentives and destroys Canada’s oil and gas industry.
  6. Inflated housing prices across Canada despite a poor economic outlook.
  7. High consumer debt levels pre-COVID-19.
  8. Long running Bank of Canada policy which encourages consumption over investment.

Your government has indicated that it is considering adding an additional $100 billion in stimulus spending once the “virus is under control”. As the Canadian economy is already flooded with record government spending, the potential for inflation is very real.

Considering the above, the return of high interest rates, as seen in the 1980’s, is entirely possible. While we may not see record high mortgage rates of 21.46% as posted in August 1981, even small increases in rates could result in significant interest rate shock for many Canadians.

Increases in inflation and interest rates would impact low-income families most adversely. Most notably, these individuals may struggle to pay for food, shelter and healthcare, all of which are basic necessities.

COVID-19 has already resulted in the biggest transfer of wealth in human history. I am strongly urging you to end the pursuit of a “green economy” and commit to a drastic reduction in red tape to allow the private sector to begin generating wealth, something the government is only able to redistribute.

Sincerely,

Jared Pilon

Candidate for Red Deer – Mountain View, AB

[email protected]

https://www.jaredpilon.com/

I have recently made the decision to seek nomination as a candidate in the federal electoral district of Red Deer - Mountain View. As a Chartered Professional Accountant (CPA), I directly see the negative impacts of government policy on business owners and most notably, their families. This has never been more evident than in 2020. Through a common sense focus and a passion for bringing people together on common ground, I will work to help bring prosperity to the riding of Red Deer – Mountain View and Canada. I am hoping to be able to share my election campaign with your viewers/readers. Feel free to touch base with me at the email listed below or at jaredpilon.com. Thanks.

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‘We’re Going To Lose’: Steve Bannon Warns Withholding Epstein Files Would Doom GOP

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From the Daily Caller News Foundation

By Jason Cohen

Former White House adviser Steve Bannon warned on Friday that Republicans would suffer major losses if President Donald Trump’s administration does not move to release documents related to deceased pedophile Jeffrey Epstein’s crimes and associations.

Axios reported on Sunday that a two-page memo showed the Department Of Justice (DOJ) and FBI found no evidence Epstein kept a “client list” or was murdered, but public doubts have continued. Bannon said on “Bannon’s War Room” that failure to release information would lead to the dissipation of one-tenth of the Make America Great Again (MAGA) movement and significant losses for the Republican Party in the 2026 midterms and the 2028 presidential election.

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“It’s not about just a pedophile ring and all that, it’s about who governs us, right? And that’s why it’s not going to go away … For this to go away, you’re going to lose 10% of the MAGA movement,” Bannon said. “If we lose 10% of the MAGA movement right now, we’re going to lose 40 seats in ’26, we’re going to lose the [presidency]. They don’t even have to steal it, which they’re going to try to do in ’28, because they’re going to sit there and they go, ‘They’ve disheartened the hardest-core populist nationalists’ — that’s always been who governs us.”

Bannon also demanded the publication of all the Epstein documents on “Bannon’s War Room” Thursday. He called on the DOJ to go to court and push for the release of the documents or for Trump to appoint a special counsel to manage the publication.

Epstein was arrested in 2019 and charged with sex trafficking. Shortly after, he was found dead in his New York Metropolitan Correctional Center cell shortly after. Officials asserted that he hanged himself in his cell.

However, Epstein’s death has sparked years of theories because of the malfunctioning of prison cameras, along with guards admitting to falsifying documents about checking on the then-inmate. The DOJ inspector general later confirmed that multiple surveillance cameras outside of his cell were inoperable, while others captured the common area outside his door.

Both Bannon and Daily Caller News Foundation co-founder Tucker Carlson have speculated that Epstein had connections to intelligence agencies.

Former Labor Secretary Alex Acosta allegedly indicated that Epstein was tied to intelligence, according to Vicky Ward in The Daily Beast.

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espionage

FBI’s Dan Bongino may resign after dispute about Epstein files with Pam Bondi

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From LifeSiteNews

By Emily Mangiaracina

Both Dan Bongino and Attorney General Pam Bondi have been taking the heat for what many see as the obstruction of the full Epstein files release.

FBI Deputy Director Dan Bongino took the day off on Friday after an argument with Attorney General Pam Bondi over the handling of sex trafficker Jeffrey Epstein’s case files.

One source close to Bongino told Axios that “he ain’t coming back.” Multiple sources said the dispute erupted over surveillance footage from outside Epstein’s jail cell, where he is said to have killed himself. Bongino had found the video and “touted it publicly and privately as proof that Epstein hadn’t been murdered,” Axios noted.

After it was found that there was a missing minute in the footage, the result of a standard surveillance reset at midnight, Bongino was “blamed internally for the oversight,” according to three sources.

Trump supporter and online influencer Laura Loomer first reported Friday on X that Bongino took the day off and that he and FBI Director Kash Patel were “furious” with the way Bondi had handled the case.

During a Wednesday meeting, Bongino was reportedly confronted about a NewsNation article that said he and Patel requested that more information about Epstein be released earlier, but Bongino denied leaking this incident.

“Pam said her piece. Dan said his piece. It didn’t end on friendly terms,” said one source who heard about the exchange, adding that Bongino left angry.

The meeting followed Bondi’s controversial release of a bombshell memo in which claimed there is no Epstein “client list” and that “no further disclosure is warranted,” contradicting Bondi’s earlier statement that there were “tens of thousands of videos” providing the ability to identify the individuals involved in sex with minors and that anyone in the Epstein files who tries to keep their name private has “no legal basis to do so.”

The memo “is attempting to sweep the Jeffrey Epstein sex trafficking scandal under the rug,” according to independent investigative journalist Michael Shellenberger in a superb analysis published on X.

“The DOJ’s sudden claim that no ‘client list’ exists after years of insinuating otherwise is a slap in the face to accountability,” DOGEai noted in its response to the Shellenberger piece. “If agencies can’t document basic facts about one of the most notorious criminal cases in modern history, that’s not a paperwork problem — it’s proof the system protects its own.”

Carlson offered the theory that U.S. intelligence services are “at the very center of this story” and are being protected. His guest, Saagar Enjeti, agreed. “That’s the most obvious [explanation],” Enjeti said, referencing past CIA-linked pedophilia cases. He noted the agency had avoided prosecutions for fear suspects would reveal “sources and methods” in court.

Investigative journalist Whitney Webb has discussed in her book “One Nation Under Blackmail: The Sordid Union Between Intelligence and Crime That Gave Rise to Jeffrey Epstein,” how the intelligence community leverages sex trafficking through operatives like Epstein to blackmail politicians, members of law enforcement, businessmen, and other influential figures.

Just one example of evidence of this, according to Webb, is former U.S. Secretary of Labor and U.S. Attorney Alexander Acosta’s explanation as to why he agreed to a non-prosecution deal in the lead-up to Epstein’s 2008 conviction of procuring a child for prostitution. Acosta told Trump transition team interviewers that he was told that Epstein “belonged to intelligence,” adding that he was told to “leave it alone,” The Daily Beast reported.

While Epstein himself never stood trial, as he allegedly committed suicide while under “suicide watch” in his jail cell in 2019, many have questioned the suicide and whether the well-connected financier was actually murdered as part of a cover-up.

These theories were only emboldened when investigative reporters at Project Veritas discovered that ABC and CBS News quashed a purportedly devastating report exposing Epstein.

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