They have 80 000 people the Internal Revenue Service uh reminded income taxpayers that do to the American Rescue plan Act gig workers who accept any transaction over 600 600 through a third-party app such as venmo cash app PayPal must report those payments must report how they go they’re gone
They’re not gonna go after people making 600 yes they are just a friendly reminder by the way there’s something else that happened on Thursday afternoon and uh sorry Wednesday afternoon and what were you doing Wednesday afternoon besides being glued to the TV and the news right you’re right yes yeah you
Might have been preparing for I don’t know a holiday weekend were you completely tuned out so you might have missed what happened Wednesday afternoon at the Fed but they started their cbdc Central Bank digital currency yes the FED coin is here now they rolled it out on Wednesday just
I mean that was the only day they could do it you know because they’ve been denying that any of this stuff was happening but they could only get it when no one was paying attention so they rolled it out and it’s in its beta test now but here’s the thing I
Don’t know if it’s going to work because this is what they’re trying to do they’re very concerned that uh they won’t be able to make large digital transactions across the Atlantic okay they’re worried you know some these big transactions that happen what they’re doing now and you’re going to try to
Break this down because it’s very very technical but let me break this down for you what they’re doing is they’re taking a digital currency and their their buying and selling and trading those digital currency those dollars over to someplace else and they gotta make it all the way over
Those numbers have to make it all the way over now that’s what they do but now they’re going to take a digital coin not a digital dollar a digital coin and they’re gonna buy and sell and trade and those numbers have to go all the way over to another place
And finish the transaction that’s a completely different thing completely completely this related not at all okay you CA how are you going to do this you’re going to take a whole system that is based on a digital paper dollar you’re gonna digitize that dollar and then you’re gonna just move numbers to
Another bank that’s a dollar that’s paper this is a coin how are you going to do that completely different so they think that it you know as long as it passes its beta test no don’t worry they could have it they could have it by spring so they’re essentially
Taking 20th century technology and using it in the 21st century yes wow yes wow yes yes that’s bold but they have to have a name change for it you’re right you know this is a this is remember this was a federal reserve printed currency that had been digitized this is a Federal Reserve
Digital currency okay okay yeah so one starts as a digital the other one has to be transformed digitally so they’ve cut that transforming part out and that’s the part where it gets really sketchy okay uh by the way um India just rolled out its retail pilot program for digital rupees as well
Don’t worry I think maybe we should start having the conversation because this is coming maybe we should start having the conversation of gosh this looks like the mark of the beast I mean doesn’t it but surely it’s not surely it’s not of course not from the
US government no no no they never do anything underhanded or even never especially when Democrats are in control Amen to that brother hey by the way the White House also last Wednesday announced that they’re going to continue the freeze on student loan payments okay now that means millions of people are
Not making payments on their federal student loans regardless of their financial situation they could be millionaires still are not required to pay back that student loan now the freeze it started with Trump with covid-19 Congress approved it uh and it was supposed to expire two years ago but it’s been continually renewed by
Congress uh so it’s been extended only eight times it has now cost you 155 billion dollars per year and that’s scratching the surface now here’s the story you probably didn’t even hear that it was renewed again uh but let me give you the other part of the story that certainly you haven’t heard
This is big because of some of the weird rules that no one pays attention to but I pay Geeks a lot of money to watch this stuff this is nothing more than a gigantic scam meant to benefit Governor work government workers this is exactly what
I told you they would do in 2009 exactly how does it benefit the governor government workers well it’s not just the government workers but many who work for non-profits as well many of those lean left okay the second reason Biden likes likely wants to continue the pause is it
Greatly benefits employees at government agencies including teachers hmm unions under the Public service loan forgiveness program which is what we talked about in 2009 do you remember this anyone who makes 10 years worth of monthly student loan payments 120 uh in total while working for the government or a non-profit receives total debt
Forgiveness no matter how much they owe now defying all logic yes but they’re continuing to count non-payments under the pause toward the total number of payments required to qualify for a Public service loan forgiveness so even though you haven’t made a payment in 24 months you still are counted as making those
Payments in the last 24 months so that all goes to your 120 month requirement the longer the student loan freeze continues the more government and non-profit workers will qualify for total loan forgiveness millions millions will be moving towards total student debt cancellation so in other words what is this story really all about
Biden giving a big fat gift to government workers and the people that are working many cases to subvert our Republic and make it into a democracy he’s giving him a kickback because most people don’t know how these things work they have no idea what’s going on oh by the way
Another one trust the government Hunter Biden owned Financial stake in digital banking platform a digital banking platform how did they do that digital banking how did they do that it started in 2016. they must have been using like an abacus or something I don’t know how they did
It but it was digital banking platform for undocumented immigrants hmm so this was a multi-balance multi-currency digital wallet and payment ecosystem and uh he had a uh a big share of this in fact got you know twenty thousand dollar wire transfer from the company and
Um and now it looks like all of his buddies are running it so that is fantastic but here’s the great thing it was um it was to support Mass migration to the U.S uh because the company positioned itself as the premier platform for sending and receiving remittances over 150 billion dollars of remittances
Happen every year in the U.S alone and here’s what the here’s what the digital Bank said labor moves around the globe and when workers move so does their money the global nature of Labor often makes it difficult for somebody to have a bank account in the country where they’re employed really
This is why e Plata allows you to transaction in a currency of your choice Without Limits across Geographic borders is there any reason money transfers should be more expensive because one person lives in a different country we don’t think so with e Plata simple secure and inexpensive International
Transactions are now in the palm of your hand now that’s great now I don’t know the difference between that platform which is sending boatloads of digital currency to another country in let’s say Bitcoin but all I know is one the president’s son is involved and the other one is extraordinarily dangerous
