Monday, May 17, 2021

IN the NEWS - Creeping UBI coming

And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name. Revelation 13:17

Q: Prophetically speaking--how could UBI play a role? 
A: Well if everyone ended up on UBI eventually---and the bubble bursts on the stock market and the bill of tens of millions of dollars of debt comes due----it would be easy to
convert all income to a government card driven economy---thereby controlling your buying and selling with a push of a button in D.C.
---Of course we know what the current policy is about at the moment---this is about Politics right now. It's no secret that married people and people with children lean more Republican so this is another way for the Democrats to pry off a few more votes by making more people dependent on the government Gravy Train. 
 
"In the latest evolution of creeping Universal Basic Income, Biden administration officials said on Monday that a poverty-fighting measure included in the COVID-19 relief bill passed this year will deliver monthly payments to households including 88% of children in the United States, starting in July. The Democratic-backed American Rescue Plan, signed into law by President Joe Biden in March as a response to the coronavirus pandemic, expanded a tax credit available to most parents.
Treasury and the IRS also announced the increased CTC payments, will be made on the 15th of each month allowing families who receive the credit by direct deposit to plan their budgets around receipt of the benefit. Eligible families will receive a payment of up to $300 per month for each child under age 6 and up to $250 per month for each child age 6 and above." ZeroHedge