Who pays for the measures about to be imposed for the pandemic response and climate change run by the WHO and UN-IPCC? Look in the mirror.

James Roguski joins Maria Zeee to issue a RED ALERT for all of humanity - the WHO has written in a REMOVAL of human dignity, human rights and fundamental freedoms during their secret meetings to negotiate amendments to the International Health Regulations, which every member country is legally bound by.

I will focus on the money angle.

Skip to the 15 minute mark of the video, but, by all means watch the entire 48 minutes for the whole context.

Ask yourself, how is all this going to be funded?

Not just the direct funding of the “supranational” organisations like the WHO.

But exactly what are the INDIVIDUALS “representing” nations participating in the “conference” actually committing their nations to do? Remember, nobody voted for these INDIVIDUALS, there was no democratic process involved in giving these INDIVIDUALS any authority to pledge taxes of their host countries or use their host countries use of their creditworthiness.

No, these INDIVIDUALS work for themselves, not the voters in their host countries. They have no rights to pledge taxes or borrow money on behalf of their host countries.

Remember also that their host countries are all bankrupt. The debt to GDP ratios of the countries are all at or around 100%. GDP measures the OUTPUT of an economy, not income (profit/interest from that output). Imagine that you have a 100% mortgage for a house worth a million bucks. What is YOUR worth. That’s right. ZERO. Now extend the analogy. You earn, after taxes, 50,000 bucks a year. But to maintain that house, feed, clothe, educate, “health”, travel to work, pay for internet/cable/phones etc, it costs 60,000 bucks a year. How are you doing? That’s right. Going BANKRUPT. You can run the same analogy at the government level.

Governments have ALREADY borrowed more than the annual economic output of their economies. Governments ALREADY make their people work for 2-3 days a week for the government (direct and indirect) taxes from Federal, State, City and Local take 40-60% of most people’s wages, salaries, investment or savings income, which is AFTER taxes imposed on companies that produce goods and services.

Governments around the world have mandatory and discretionary spending when they draw up fiscal plans. The mandatory spending is for welfare programs (social security, Medicare, Medicaid and the like). For the US this is around 90% of taxes. Discretionary spending is far lower. For FY ended 30 September 2023, the US Federal government (not State, City or Local) will take in around 4.7 trillion bucks in taxes. In theory, around half a trillion will be “discretionary” – at the whim of politicians. But this is no longer the case.

The US Federal government has plans to spend 9 trillion bucks. The 4.3 trillion dollar gap will be made up of borrowing or Fed money printing.

The accumulated national debt of the US is around 31.4 trillion bucks. US GDP is a little shy of 26 trillion bucks (remember that’s “activity” not income. It will never be repaid. If I were to borrow money from you with no intention of paying it back, that would be stealing. To governments around the world, all money borrowed = income to spend on whatever they have promised to buy votes (and keep for themselves).

The impact of recent hikes in rates by the Fed will not be felt all at once, just on the maturing debt plus new annual deficits.

But consider this scenario. 31 trillion bucks with a 3% interest rate is almost a trillion bucks a year = around 20% of taxes. Discretionary spending is only 10% of taxes. Already, there are requirements to cut welfare benefits by over 10% without more and more borrowing. Any further increases in interest rates can only result in more borrowing. Any further tax increases can only be sourced from those in the bottom 60% of income earners - the wealthy (with over 10 million bucks) simply do not have the weatlh/assets to cover trillions upon trillions of spending and accumulated debt.

National debt US GDP

This is what socialists do. Spend other people’s money until it’s gone, then borrow until bankruptcy is imposed.

Now add in the extra costs you will have to pay because of the new health measures about to be imposed – 5-10,000 bucks a year or will have to be borrowed – no discretion – by the INDIVIDUALS at the health conference have – via new taxation that will be imposed by your government.

The INDIVIDUALS at the conference are working to impose sovereignty of all countries of the world to supranational organizations, like the WHO.

The measures being pursued mean that these INDIVIDUALS at the conference are working to IMPOSE non-discretionary spending on all governments of the world. These governments will have to borrow to pay for the spending or will have to raise taxes.

The same applies to the climate change measures “agreed” to – without a vote or any semblance of a democratic process by INDIVIDUALS nominated by governments around the world.

More taxes and more borrowing, resulting in more poverty, disease and starvation with less education, employment and lower living standards.

Arbeit macht frei.

The inevitable result of socialism. Boom times when you have access to credit, a bust when there is none left and central banks can print no more.