Racist Backlash Erupts Over NFL Star’s Viral Engagement to White Woman

(Luis Cornelio, Headline USA) A black NFL superstar proposed to his girlfriend on the field Sunday, capturing viral attention on social media. However, some users reacted with racist vitriol directed at the girlfriend, simply because she is a white woman. 

The viral video shows Washington Commander Safety Jeremy Reaves dropping to one knee to ask his longtime girlfriend, Mikaela Worley, to marry him. Reaves proposed after his team defeated the Atlanta Falcons to secure a playoff spot. 

While most users celebrated Reaves’s decision to share this special moment, others took issue with Worley’s race.

The comments reflected a disturbing animosity toward white women, particularly in the context of their support for President-elect Donald Trump.

One user remarked, “mid yt women got the NFL on LOCK!” using “yt” as slang for white people and “mid” to belittle Worley’s appearance. This comment garnered 21.7 million views and over 132,000 likes.

Another user questioned “What makes them marry outside of their race?” receiving 248,000 views. 

A different user, without evidence, suggested that marrying a white woman helps in securing brand endorsements.

“Their professional careers and agency told them that the 2 black parent house hold ‘thing’ would jeopardize his image,” the user claimed. “A form of submissiveness by the nfl player.” 

A fourth user stated that the Black community “lost another one,” referring to Reaves. 

A user named ShayUnleashed shared the clip with the caption, “In all honesty, it just does not look right,” which garnered 1.4 million views. 

Another individual, Leanoarda Jonie, wrote that “no amount of money will unruin your blood line,” without specifying to whom she was referring. 

In another comment, Jonie suggested, “She’s crying because deep down she doesn’t want to do this.” 

Jonie doubled down on her claims, remarking without evidence “that these are staged for a long time. It’s a new way they try to make white women believe ‘everyone is doing it.’” 

Reaves seemingly ignored the racist comments, telling reporters that the victory motivated his proposal. 

Another X user disturbingly wrote that “nothing looks more natural than an interracial couple.”

“I hate losing, so there’s no way I could have done that in the right spirit after a loss,” Reaves said in an interview with the Associated Press. “That thing was burning a hole in my pocket.” 

“She’s earned it. I can’t say enough about her,” Reaves added. “When I was at my lowest last year, she was there to pick me up every day. She showed up. That’s my best friend. Been my best friend since high school.” 

‘It Devastated Me’: Ex-Pixar Staffers React to Canceled Trans Storyline

(Maire Clayton, Headline USA) Former Pixar employees expressed their unhappiness with Disney’s decision to axe a transgender storyline in the Disney+ streaming series Win or Lose, according to The Hollywood Reporter.

“It hardly surprised me, but it devastated me,” former Pixar assistant editor Sarah Ligatich told the outlet.

She bemoaned Disney only cares about profits.

For a long time, Disney has not been in the business of making great content. They have been in the business of making great profits,” she continued. “Even as far back as two years ago when I was at Pixar, we had a meeting with [then-CEO] Bob Chapek, and they were clear with us that they see animation as a conservative medium.”

When the decision to remove the storyline was revealed a Disney spokesperson gave THR a statement.

“When it comes to animated content for a younger audience, we recognize that many parents would prefer to discuss certain subjects with their children on their own terms and timeline,” the spokesperson said.

The animated show was set to focus on a middle school co-ed softball team.

Another former Pixar employee decided to remain anonymous and discussed the now-shelved episode.

“The episode in its final form was so beautiful—and beautifully illustrated some of the experiences of being trans—and it was literally going to save lives by showing those who feel alone and unloved, that there are people out there who understand,” the former employee said.

The anonymous source added the episode featured a scene in which the character debated over which bathroom to use.

“So it’s just very frustrating that Disney has decided to spend money to not save lives,” the source continued.

A different anonymous source who identifies as transgender called the decision “100 percent political.”

Ligatich added the show should have been released while President Joe Biden was still in office.

“They had this story in the can for two years, so they could have released it in a Biden presidency, and they chose not to,” she added.

Biden Announces Another $2.5B Handout for Ukraine

(Headline USA) President Joe Biden said Monday that the United States will send nearly $2.5 billion more in weapons to Ukraine as his administration works quickly to spend all the money it has available to help Kyiv fight off Russia before President-elect Donald Trump takes office.

As of the end of the fiscal year 2024 on Sept. 30, the estimated total aid given by the U.S. since February 2022 was $183 billion, meaning recent lame-duck disbursements by Biden—whose son Hunter was on the board of the Burisma energy company for five years—will total around $200 billion, excluding any secretive Pentagon funds or clerical errors that may be excluded from the official tally.

According to a Ukrainian official, Zelenskyy, in turn, has made considerable contributions back to Biden and other politicians, both Republican and Democrat—but mainly Democrat.

He also recently was revealed to have allegedly bribed NATO officials in the hopes of gaining admission to the alliance, which would obligate much of Western Europe and the U.S. to formally enter the war against Russia.

Biden’s latest taxpayer giveaway includes $1.25 billion in presidential drawdown authority, which allows the military to pull existing stock from its shelves and gets weapons to the battlefield faster, largely circumventing the oversight that would normally accompany such requests.

In a brazen usurpation of the will of voters—who elected President Donald Trump and Republican majorities on the promise of an end to the foreign money-laundering scheme, Biden also promised $1.22 billion in longer-term weapons packages to be put on contract through the separate Ukraine Security Assistance Initiative.

Biden said all longer-term USAI funds have now been spent and pledged to use all the remaining drawdown money before leaving office.

“I’ve directed my administration to continue surging as much assistance to Ukraine as quickly as possible,” Biden said in a statement. “At my direction, the United States will continue to work relentlessly to strengthen Ukraine’s position in this war over the remainder of my time in office.”

The new aid comes just weeks after Biden granted a blanket pardon to his son Hunter that spanned nearly 11 years, covering any crimes he may have committed since January 2014. He joined the Burisma board in April 2014 and left in 2019 after mounting public scrutiny of the apparent quid pro quo influence-peddling agreement.

Russian and Ukrainian forces are also still in a bitter battle around the Russian border region of Kursk, where Moscow has sent thousands of North Korean troops to help reclaim territory taken by Ukraine.

The Biden administration is pushing to get weapons into Ukraine to give Kyiv the strongest negotiating position possible before Trump’s inauguration on Jan. 20. Trump has talked about getting some type of negotiated settlement between Ukraine and Russia and has praised Russian President Vladimir Putin.

Many globalist elites in the U.S. and Europe are concerned that Trump’s talk of a settlement might result in a poor deal for Ukraine—where companies including BlackRock are expecting massive returns from a rebuilding—although it is unlikely U.S. taxpayers will reap any of the rewards.

The weapons systems being pulled from existing stockpiles through this latest weapons package include counter-unmanned aerial systems munitions, air defense munitions, ammunition for High Mobility Artillery Rocket Systems, 155mm and 105mm artillery ammunition, air-to-ground munitions, anti-armor systems, tube-launched missiles, fragmentation grenades, and other items and spare parts.

Adapted from reporting by the Associated Press

J.K. Rowling Slams the Trans Agenda, ‘No Child Is Born in the Wrong Body’

(Maire Clayton, Headline USA) Author J.K. Rowling bashed the transgender agenda in a X post Saturday.

Rowling shared a screenshot of a negative comment she received on the platform.

“I wish you would use your immense power for good,” the user wrote. “Your hateful focus on trans kids is hurtful and unnecessary.”

This prompted the Harry Potter author to respond reiterating her believes on the transgender issue.

“There are no trans kids. No child is ‘born in the wrong body,'” she wrote. “There are only adults like you, prepared to sacrifice the health of minors to bolster your belief in an ideology that will end up wreaking more harm than lobotomies and false memory syndrome combined.”

A user responded to Rowling and stated parents were the issue, which Rowling did not agree with as it is more wide spread.

“Kids are watching TikTok videos of surgeons selling the idea that bodies can be modified like Lego,” she stated. “Schools affirm kids’ trans identities behind parents’ backs.”

Rowling said parents are being put in a difficult spot while trying to parent their children.

“Many parents are struggling to protect kids from a Zeitgeist telling them that anxieties about puberty, sexuality and growing up can be fixed by lifelong reliance on Big Pharma and by doctors who make Frankenstein look ethical,” she continued.

The author has previously spoken out many times regarding the transgender topic.

In December she responded to a New York Times article that downplayed how transgender activists can be violent at times.

Rowling took to social media and noted she has been doxxed and received thousands of death threats since she started speaking out.

“I’ve been sent thousands of threats of murder, rape and violence,” she wrote. “A trans woman posted my family’s home address with a bomb-making guide.”

‘Last Laugh’: Media Stirs Up Big Stink Over U.S. Flags and Trump’s Inauguration

(Julianna Frieman, Headline USA) Major media outlets stirred up a big stink Sunday over the fact that U.S. flags will be flown half-staff in honor of former President Jimmy Carter’s death during President-elect Donald Trump’s inauguration on Jan. 20, 2025.

Carter, the 39th U.S. president, died Sunday at age 100 at his Georgia home following two years in hospice care.

Per federal guidelines, American flags at all federal buildings, grounds, and navel vessels in the U.S. and its territories are to be flown half-mast in respect of the deceased Carter, multiple outlets hastily reported, some with an aura of pride.

Rather than focus on honoring Carter’s memory through the traditional half-mast move, several outlets ran headlines coloring the sign of respect as an indictment of Trump.

The New Republic boldly ran the headline, “America Will Officially Be Mourning on Trump’s Inauguration Day.”

Other outlets like Newsweek and People magazine adopted similar framing with the same story on U.S. flags being flown half-mast come the first day of Trumps second term.

HuffPost ran a piece detailing the social media reaction of Democrats delighted by Carter’s half-mast intersection with Trump’s inauguration.

The Daily Mail acknowledged the story with their own headline, “Vengeful Democrats boast about the surprising way Jimmy Carter’s death will affect Trump’s inauguration.”

The honor, which lasts until Jan. 28, 2025, would also see half-raised U.S. flags on Martin Luther King Jr. Day, which falls on the same day as Trump’s inauguration.

Pennsylvania Capital-Star correspondent Nick Field called the half-mast U.S. flags “one last gift from Jimmy Carter” in a post on X.

One commenter said in response that this was Carter’s “final message,” and another called it the Democrat president and peanut farmer’s “last laugh.”

“Thank you for your final act of service, President Carter,” X ussr @SilverARTicfox wrote on the social media platform.

Some anti-Trumpers suggested U.S. flags remain half-mast for the next four years, while one X user vouched for flags to be flown upside down at the U.S. Capitol as well.

A self-identified “Liberal in Texas” fantasized that Trump, who called Carter “a truly good man” in his tribute to the late president, was “pissed about having to share the stage with a deaf guy.”

“Jimmy Carter’s timing is exquisite,” X user @HoffmanHopes added.

Julianna Frieman is a freelance writer published by the Daily Caller, Headline USA, The Federalist, and The American Spectator. Follow her on Twitter at @JuliannaFrieman.

‘It’s Terrifying’: CIA Whistleblower Exposes Biden Admin’s Energy Weapon Attack Coverup

(Julianna Frieman, Headline USA) A CIA whistleblower revealed to Emmy-winning investigative journalist Catherine Herridge that the Biden administration allegedly covered up an attack from direct energy weapons that caused “career-ending injuries.”

In an interview released Sunday on social media platform X, Herridge probed the former intelligence officer about bombshell claims of the attack she allegedly suffered.

“You were attacked by an energy weapon?” Herridge asked the CIA whistleblower, who responded with confirmation.

The former CBS News reporter narrowed her scope of questioning by following up with, “You were attacked by an energy weapon?” The ex-intel official clarified by claiming that “a direct energy weapon” was responsible for her alleged injuries.

Herridge suggested, “The intelligence community has attempted to thwart congressional investigative efforts to uncover the truth at every turn. That sounds like a government coverup.”

The CIA whistleblower agreed with Herridge’s assessment and responded that all Americans should be worried about the lack of transparency from the federal agency.

“It’s a coverup, and it’s terrifying, and it should be terrifying for all Americans,” the former intelligence officer said.

According to the whistleblower, the CIA did more than “betray” its employees, some of those being her friends, by making their lives “a living Hell.”

“I want them to stop denying what is happening to us, and so there can be opportunities to collect the information that we need so that we can prevent this from happening to more people,” she told Herridge.

When asked by the investigative reporter if President-elect Donald Trump’s incoming administration can change the dirty practices of the CIA, the whistleblower expressed hesitant hope.

“I really hope so,” the former CIA employee answered.

She added, “You know, the phrase ‘cleaning up the swamp’ is thrown around a lot in D.C., but at bare minimum, I do not believe that those people that were involved in the earlier report should be allowed to touch this.”

Julianna Frieman is a freelance writer published by the Daily Caller, Headline USA, The Federalist, and The American Spectator. Follow her on Twitter at @JuliannaFrieman.

Bidenflation in 2024 Bred Value-Seeking Consumers as High-End Purchases Put on Hold

(Headline USA) With the after-effects of Bidenflation still lingering even as rates themselves stabilized, value was in vogue in 2024.

Estimates suggest that the costs of essentials, such as food and shelter, during President Joe Biden’s term in office rose by nearly a quarter over what they were during the first term of President re-elect Donald Trump.

Shoppers and restaurant patrons in the U.S. were choosy about where and how to spend their money as they wrestled with high housing and grocery prices.

Well-heeled customers traded down to Walmart and Aldi. Diners opted for fast food or home cooking instead of sit-down restaurants. Department stores struggled as buyers shopped online or at cheaper chains like H&M.

Residents also moved away from buying furniture or investing in expensive renovations, opting to refresh their homes with inexpensive items like frames and candles.

Those shifts changed the buying and eating landscape in 2024. As of Dec. 20, Coresight Research tracked 48 retail bankruptcies in the U.S., compared with 25 during the same period a year ago.

And at least 22 restaurant chains filed for bankruptcy this year, the highest number since 2020, according to BankruptcyData, a company that tracks filings.

WINNERS:

  • WALMART: The nation’s largest retailer typically shines during tough times as shoppers turn to the discounter for groceries, which account for 60% of Walmart’s total business. And just like during the 2008 Great Recession, Walmart saw households with incomes of $100,000 or above making up more of its clientele. But this time around, company executives think they can keep those customers because they’ve expanded online services and added more stylish clothes and mannequins.
  • AMAZON: Online juggernaut Amazon leaned into its reputation as a destination for deals to appeal to bargain-hungry buyers. In November it launched Amazon Haul, a new low-cost storefront featuring electronics, apparel and other products priced under $20. And the company said its Prime Day event in July resulted in record sales. But Amazon could face headwinds in the coming year with threatened tariffs on products from China and labor unrest in the U.S.
  • FAST CASUAL CHAINS: It was a good year for restaurant chains like Shake Shack that are a step up from fast food but still offer good value. Cava, which specializes in fresh Mediterranean food, said its revenue surged more than 33% in the first nine months of this year as it rapidly built new restaurants. Chipotle got some heat from value-conscious diners about smaller portions, but drew customers back after retraining workers to ensure “consistent and generous” portions.
  • JEANS SELLERS: The wide-leg jeans silhouette—the “it” style that rapidly replaced boot-cut and skinny jeans—drove sales across many different retailers this year. Macy’s, Abercrombie & Fitch, Levi Strauss, Gap and Stitch Fix were among those citing the trend as a big sales booster in recent months. Value-conscious buyers could snap them up at Walmart for $29. At the high end, Gucci had wide-leg versions for $1,200.
  • MCDONALD’S: The year didn’t begin well for McDonald’s. The company’s sales slumped as inflation-weary customers chose to eat at home instead of grabbing fast food. But a $5 meal deal introduced in June helped draw lower-income customers back into stores. McDonald’s extended the deal through the end of this year and said more value is coming in 2025. The fast food giant is working to get customers back after a fall E. coli outbreak linked to raw onions in Quarter Pounder hamburgers sickened at least 104 people in 14 states.

LOSERS:

  • TARGET: Target’s cheap chic fashions and home decor have long been a big attraction, but the chain faced challenges in 2024. Unlike Walmart, Target is more reliant on discretionary items like clothing because less than a quarter of its sales come from food and beverages. It has always battled a perception of being more expensive, and analysts say its merchandise has lately been in disarray. Still, Target drew crowds on Black Friday with exclusive Taylor Swift products.
  • STARBUCKS: Starbucks had a tough year. Orders are getting increasingly complex, with thousands of ways to customize drinks. That’s leading to long lines and incorrect pickup times on the mobile app. New offerings like olive oil-infused coffee didn’t attract customers, who also grew tired of Starbucks’s high prices. Starbucks hired a new CEO, Brian Niccol, in the fall to help turn things around. But labor strife, which led to strikes in December, could continue to hurt the company in 2025.
  • LEGACY RESTAURANTS: Several decades-old chains threw in the towel in 2024, succumbing to rising competition, changing dining patterns and big portfolios of outdated restaurants. Red Lobster, TGI Fridays and Buca di Beppo all filed for Chapter 11 bankruptcy protection and shuttered dozens of locations. A leaner Red Lobster later exited bankruptcy under new ownership, but it remains to be seen whether older chains can turn around years of declining sales.
  • BIG TICKET ITEMS: At the height of the coronavirus pandemic, U.S. consumers took advantage of low interest rates and stimulus benefits to remodel their homes and make other big purchases. But last year, they pulled back. That’s been a challenge for retailers like Best Buy, the nation’s largest consumer electronics chain, which noted lower sales of appliances, home theaters and gaming equipment. Home Depot and Lowe’s also reported lower sales of big-ticket items, particularly discretionary kitchen and bathroom remodeling projects.
  • DEPARTMENT STORES: Department stores, particularly those catering to middle income shoppers, have struggled to hold onto customers as many turn to online shopping or to fast-fashion retailers. Among the worst performers: Menomonee Falls, Wisconsin-based Kohl’s, which reported its 11th consecutive quarter of sales declines this year. Outgoing CEO Tom Kingsbury recently owned up to merchandising mistakes, including scaling back fine jewelry, popular store label brands and petite sizes. Customers will see those categories return in the coming year.

    Macy’s said it would close 150 namesake stores over three years and open 15 higher-end Bloomingdale’s. Upscale Nordstrom, on the other hand, had a better than expected fiscal year due largely to soaring sales at its off-price Nordstrom Rack stores. Last week, the department store chain agreed to be acquired and taken private by Nordstrom family members and a Mexican retail group. As a private company, Nordstrom may have more leeway and less scrutiny of its efforts to reinvigorate sales.

Adapted from reporting by the Associated Press

Appeals Court Rejects Trump Request to Toss Dubious E. Jean Carroll Verdict

(Headline USA) A federal appeals court on Monday shot down President-elect Donald Trump’s appeal in an outlandish defamation case involving serial rape accuser who was funded by a top tech billionaire to wage the activist lawfare campaign in a failed effort to disgrace the GOP leader.

The 2nd U.S. Circuit Court of Appeals upheld a jury’s finding in a civil case that Trump had sexually abused Manhattan socialite and ex-magazine columnist E. Jean Carroll in an upscale department store dressing room in the mid-1990s.

The Manhattan jury’s finding in May 2023, during the heat of the 2024 U.S. presidential campaign, overlooked considerable contradictory evidence, including Carroll’s hazy and inconsistent recollection of the events, which bore remarkable similarity to the plotline of a Law and Order episode.

It issued $5 million award for defamation and sexual abuse—the latter being a lesser charge than rape with a significantly lower evidentiary threshold The abuse claim might include actions like inappropriate touching, but not vaginal penetration.

Carroll, whose advice column ran in the women’s magazine Elle from 1993 to 2019, reportedly accused at least six prior men of raping her, including former CBS President Les Moonves.

Her bizarre social-media history also included posts making light of sexual trauma and even asking her followers if they found Trump sexually attractive.

However, Trump was prevented from submitting them as evidence in the trial.

 

Trump skipped the trial after repeatedly denying an assault ever happened. But he briefly testified at a follow-up defamation trial earlier this year that resulted in an $83.3 million award.

The second trial resulted from comments then-President Trump made in 2019, after Carroll first made the accusations publicly in a memoir.

In its ruling, a three-judge panel of the appeals court rejected arguments by Trump’s lawyers that trial Judge Lewis A. Kaplan had made multiple decisions that undermined Trump’s due process, including allowing testimony from two other women who had accused Trump of sexually abusing them.

The judge—who was revealed to have personal ties to Carroll’s lawyers—also had allowed the jury to view the an Access Hollywood tape in which Trump boasted in 2005 about grabbing women’s crotches consensually because of his influence as a wealthy celebrity.

“We conclude that Mr. Trump has not demonstrated that the district court erred in any of the challenged rulings,” the 2nd Circuit said. “Further, he has not carried his burden to show that any claimed error or combination of claimed errors affected his substantial rights as required to warrant a new trial.”

In September, both Carroll, 81, and Trump, 78, attended oral arguments by the 2nd Circuit.

Steven Cheung, a Trump spokesperson, said in a statement that Trump was elected by voters who delivered “an overwhelming mandate, and they demand an immediate end to the political weaponization of our justice system and a swift dismissal of all of the Witch Hunts, including the Democrat-funded Carroll Hoax, which will continue to be appealed.”

Carroll’s case was bankrolled in large part by LinkedIn founder Reid Hoffman, an associate of deceased pedophile financier Jeffrey Epstein. Hoffman has been implicated in several other “get Trump” schemes in the past, including one that involved vote fraud.

Roberta Kaplan—a lawyer who represented Carroll during the trial and is not related to the judge but did have an outside personal relationship with him—said in a statement: “Both E. Jean Carroll and I are gratified by today’s decision. We thank the Second Circuit for its careful consideration of the parties’ arguments.”

The first jury found in May 2023 that Trump sexually abused Carroll and defamed her with comments he made in October 2022. That jury awarded Carroll $5 million.

In January, a second jury awarded Carroll an additional $83.3 million in damages for comments Trump had made about her while he was president, finding that they were defamatory. That jury had been instructed by the judge to accept the first jury’s finding that Trump had sexually abused Carroll. The appeal of that verdict has not yet been heard.

Carroll claimed during both trials that her life as an Elle magazine columnist was spoiled by Trump’s public comments, which she said motivated some people to send her death threats and made her fearful to leave the upstate New York cabin, the “Mouse House,” where she lives with her cat, Vagina T. Fireball, and a dog named Tits.

Trump testified for under three minutes at the second trial and was not permitted to challenge conclusions reached by the May 2023 jury.

During appeals arguments in September, Trump lawyer D. John Sauer said testimony from witnesses who recalled Carroll telling them about the 1996 encounter with Trump immediately afterward was improper because the witnesses had “egregious bias” against Trump.

Sauer also said the judge also should have excluded the testimony of the two women who claimed Trump committed similar acts of sex abuse against them in the 1970s and in 2005. Trump has denied those allegations too.

“In each of the three encounters, Mr. Trump engaged in an ordinary conversation with a woman he barely knew, then abruptly lunged at her in a semi-public place and proceeded to kiss and forcefully touch her without her consent,” the 2nd Circuit wrote. “The acts are sufficiently similar to show a pattern.”

It said the Access Hollywood tape was “directly corroborative” of the testimony by the women of the pattern of behavior they experienced.

Depending on the outcome of the appeal for the second defamation trial, Trump could wind up profiting from the ordeal. ABC News recently settled with the president-elect in a $15 million defamation suit brought by Trump after former Clinton surrogate George Stephanopoulos falsely and maliciously claimed Trump had been found guilty of rape.

Adapted from reporting by the Associated Press

A Prior Fed Chair Admitted Gold’s Competition with Dollar; Powell Lies

(Chris Powell, Money Metals News Service) In his essay at MoneyMetals.com this week marking the 50th anniversary of the re-legalization of monetary gold in the United States in 1974, researcher and author Stuart Englert noted the opposition by Arthur Burns, then chairman of the Federal Reserve Board.

Gold Vs Federal Reserve Note Boxing Match

That opposition remains especially noteworthy today because of some details in Burns’ testimony to Congress about gold legalization on December 5, 1974, testimony Englert this week called to our attention here and here.

Burns’ opposition was weak as he framed it himself – mainly a matter of fear that if private gold ownership became legal again, Americans suddenly might move all their savings into the metal, sparking speculation in silver and commodities and a wave of inflation. Burns saved his true concern about the legislation for the end of his testimony.

Burns wrote:

“The risks associated with a reopening of the gold market extend also to the exchange value of the dollar in international markets. Apart from sales by the Treasury, any substantial demand for gold by our citizens would have to be met by gold imports. The consequence might be a worsening of our international balance of trade and downward pressures on the dollar in foreign exchange markets.

“These pressures on the dollar could, of course, be checked by sales of gold from our nation’s monetary reserves. But there are risks associated also with this course of action.

“Since the precise role of gold in the international monetary system is yet to be determined, it would hardly be desirable to dispose of any sizable part of our reserve assets. Clearly, therefore, various adverse consequences for our financial markets and our economy may stem from a reopening of the gold market at the end of this month. No one can now say with any confidence how serious these consequences are likely to be.

“The risks associated with private ownership of gold are, however, postponable, and I see no material advantage to the nation in incurring these risks under present circumstances…

“We should be ready, nevertheless, to make prudent use of the Treasury’s holdings if demands for gold threaten to have adverse economic or financial consequences.

“For example, if large imports of gold exerted significant downward pressure on the exchange value of the dollar, prices of imported products would rise, and this would tend to worsen our inflationary problem. Sales from the Treasury’s gold stock could lessen this difficulty, and I therefore endorse the Treasury’s intention to auction 2 million ounces of gold early in January.”

That is, Burns first told Congress that gold would compete with the dollar as a currency and store of value; and second, that this would compel the U.S. government to try to defeat the competition by intervening in the gold market to knock the price down, as by strategic sales from the U.S. gold reserve.

Contrast Burns’ begrudging candor in 1974 with the assertion made early this month by his latest successor as Fed chairman, Jerome Powell: that gold and bitcoin compete with each other but not with the dollar.

What has changed since 1974 to prevent gold from competing with and potentially disciplining the dollar’s excesses?

Nothing at all.

What has changed is only that the highest government officials now regularly lie about gold and that the most important financial news organizations now refuse to ask critical questions about government policy on gold.

Even a single critical question could explode the whole racket.

For example, the U.S. Commodity Futures Trading Commission could be asked whether it has jurisdiction over manipulative futures trading in the monetary metals undertaken by or at the behest of the U.S. government or whether such manipulative trading is outside the commission’s jurisdiction and perfectly legal.

GATA and U.S. Rep. Alex Mooney, R-West Virginia, repeatedly have put that question to the commission and have repeatedly been refused an answer.

Unfortunately, the New York Times, Washington Post, the Financial Times, and the Wall Street Journal, along with all other mainstream financial news organizations, have not yet dared to ask and to report the answer or refuse to answer.

Originally Published on Gold Anti-Trust Action Committee.

Trump Endorses Next House Speaker, Urges GOP Not to ‘Blow’ Second Term

(Julianna Frieman, Headline USA) President-elect Donald Trump endorsed Speaker Mike Johnson for reelection in a Monday post to Truth Social.

“He will do the right thing, and we will continue to WIN,” Trump wrote. “Mike has my Complete & Total Endorsement.”


He also urged Republicans to not “blow” the upcoming opportunity, as the GOP will be in control of all three branches of government.

“LETS NOT BLOW THIS GREAT OPPORTUNITY WHICH WE HAVE BEEN GIVEN,” he added.

Trump previously took aim at former House Speaker Kevin McCarthy on Sunday for “one of the dumbest political decisions made in years.”

In a lengthy Truth Social post, Trump unleashed on McCarthy, who he called “a good man and a friend of mine,” and congressional Republicans for voting to raise the debt ceiling in May 2023 until Jan. 1, 2025.

“The extension of the Debt Ceiling by a previous Speaker of the House, a good man and a friend of mine, from this past September of the Biden Administration, to June of the Trump Administration, will go down as one of the dumbest political decisions made in years,” the president-elect wrote.

Trump warned that his incoming administration would inherit what was supposed to be President Joe Biden’s problem, adding that the GOP’s move achieved “nothing.”

“There was no reason to do it – NOTHING WAS GAINED, and we got nothing for it – A major reason why that Speakership was lost. It was Biden’s problem, not ours,” he said. “Now it becomes ours. I call it ‘1929 ‘ because the Democrats don’t care what our Country may be forced into. In fact, they would prefer ‘Depression’ as long as it hurt the Republican Party.”

Trump called for the House to force Democrats to go on record in a debt ceiling vote before he takes office on Jan. 20, 2025. The last time the legislative body voted on the issue was on May 31, 2023, and it passed in a bipartisan 314-117 vote, according to The Hill.

“The Democrats must be forced to take a vote on this treacherous issue NOW, during the Biden Administration, and not in June. They should be blamed for this potential disaster, not the Republicans!” Trump wrote.

Following Trump’s comments, former Rep. Matt Gaetz, R-Fla., took a swipe at McCarthy, who he spearheaded a successful effort to remove as GOP speaker.

“@realDonaldTrump blames @SpeakerMcCarthy for ‘one of the dumbest political decisions made in years’ on the Debt Limit – and points out that this is why McCarthy lost the speakership,” Gaetz, who resigned from Congress after being tapped by Trump as his first attorney general pick, wrote on X. “NO LIE DETECTED!”

Julianna Frieman is a freelance writer published by the Daily Caller, Headline USA, The Federalist, and The American Spectator. Follow her on Twitter at @JuliannaFrieman.