gain-of-function research, and that is where this thing most definitely came from. john: and explosive hearing taking place on capitol hill, the origins of the covid pandemic. confirms dr. anthony fauci tried to discredit the lab leak theory in the early stages of the pandemic and back to china s efforts to place the blame on a white market in wuhan. the virus that has killed millions of people worldwide. sandra: will congress use this testimony and newly uncovered emails to hold fauci on china accountable for not being transparent about how this pandemic began? house covid select committee chair brad wenstrup and senator tom cotton will weigh in coming up shortly. john: we begin, though, with growing calls to designate mexican drug cartels as foreign terrorist organizations following the killings of two americans in mexico. ali am john roberts in washingt, welcome center back. sandra: this is america reports. mexico s presence, it it s country has arrested a 24
the kinds of taxes that biden is putting out our taxes that reduce the value of companies. the buyback tax, china does not have one of those. we do now. companies want to invest in themselves, which is healthy and good, actually have to pay a fee to do so, making the value of your 401(k), your ira, worth less. the policies across the board that the biden administration taxing, spending, the regulatory regimes, the attacks on the production of energy, raising the cost of energy, simply by not letting people get permits to look for more energy, as was done in the previous administration, where lots of new energy came online in the united states. sandra: just so you know, karine jean-pierre just had a briefing at the white house, and she is talking about more taxes, going to bring in more revenue, she says there is going to be more revenue for quadrupling the tax on stock buybacks in this
more aggressive language about raising interest rates even further, raise the rates even faster, so he has markets sort of spooked here. give us your top line dots here on what is going to happen next because this is affecting every american family. well, it is not fair to blame or credit powell. the inflation he is trying to combat was created by the trillions of dollars, the first $2 trillion biden spend and then the 1.7 trillion he added to that on top of more spending, so this tsunami of cash, which makes everybody s dollars worth less, is what powell is trying to fix. however, the president with his new budget continues to spend more and adding to that, he is raising taxes. when you raise taxes, you actually increase the cost of all goods and services in the country, and you make the price of goods and services go up.
good thing. if you have debt, you need credit cards, you go to a country or bank, and they give you loans, credit card, but if nobody will give you that, you have to print your own money. inflation is what you can t do when you want to buy something, you go to the basement and print it up. you can t do that. but the government can they say according to several articles now, people are seriously looking into inflation as a way out. something a financial advisor wrote about in his newsletter. given the powerful inflationary forces in the world, inflation will stay low in the near term. this gives some comfort to mainstream economists who think we can create inflation to solve the debt problem in the short run. in other words, make your dollars worth less, worth less, worthless, to pay off
good thing. if you have debt, you need credit cards, you go to a country or bank, and they give you loans, credit card, but if nobody will give you that, you have to print your own money. inflation is what you can t do when you want to buy something, you go to the basement and print it up. you can t do that. but the government can they say according to several articles now, people are seriously looking into inflation as a way out. something a financial advisor wrote about in his newsletter. given the powerful inflationary forces in the world, inflation will stay low in the near term. this gives some comfort to mainstream economists who think we can create inflation to solve the debt problem in the short run. in other words, make your dollars worth less, worth less, worthless, to pay off