Treasury Secretary Yellen calls for ֆ150 trillion ‘global transition’ of our economy 🤔

𝑻𝒉𝒆 𝑻𝒓𝒖𝒕𝒉 𝑵𝒐𝒃𝒐𝒅𝒚 𝒊𝒔 𝑻𝒆𝒍𝒍𝒊𝒏𝒈𝒂𝒃𝒐𝒖𝒕 𝒕𝒉𝒆 𝑼.𝑺. 𝑬𝒄𝒐𝒏𝒐𝒎𝒚... [logo]( Editor’s note Occasionally, an opportunity comes to our attention at The Classy Investors we believe readers like you will find valuable. The message below from one of our partners is one we believe you should take a close look at. Dear Reader, This is troubling. Have you heard of COP26? Almost nobody has. John Quincy Adams, son of John and Abigail Adams, served as the sixth President of the United States from 1825 to 1829. A member of multiple political parties over the years, he also served as a diplomat, a Senator, and a member of the House of Representatives. The first President who was the son of a President, John Quincy Adams in many respects paralleled the career as well as the temperament and viewpoints of his illustrious father. Born in Braintree, Massachusetts, in 1767, he watched the Battle of Bunker Hill from the top of Penn’s Hill above the family farm. As secretary to his father in Europe, he became an accomplished linguist and assiduous diarist. After graduating from Harvard College, he became a lawyer. At age 26 he was appointed Minister to the Netherlands, then promoted to the Berlin Legation. In 1802 he was elected to the United States Senate. Six years later President Madison appointed him Minister to Russia. Serving under President Monroe, Adams was one of America’s great Secretaries of State, arranging with England for the joint occupation of the Oregon country, obtaining from Spain the cession of the Floridas, and formulating with the President the Monroe Doctrine. In the political tradition of the early 19th century, Adams as Secretary of State was considered the political heir to the Presidency. But the old ways of choosing a President were giving way in 1824 before the clamor for a popular choice. Within the one and only party–the Republican–sectionalism and factionalism were developing, and each section put up its own candidate for the Presidency. Adams, the candidate of the North, fell behind Gen. Andrew Jackson in both popular and electoral votes, but received more than William H. Crawford and Henry Clay. Since no candidate had a majority of electoral votes, the election was decided among the top three by the House of Representatives. Clay, who favored a program similar to that of Adams, threw his crucial support in the House to the New Englander. Upon becoming President, Adams appointed Clay as Secretary of State. Jackson and his angry followers charged that a “corrupt bargain” had taken place and immediately began their campaign to wrest the Presidency from Adams in 1828. Well aware that he would face hostility in Congress, Adams nevertheless proclaimed in his first Annual Message a spectacular national program. He proposed that the Federal Government bring the sections together with a network of highways and canals, and that it develop and conserve the public domain, using funds from the sale of public lands. In 1828, he broke ground for the 185-mile C & 0 Canal. Adams also urged the United States to take a lead in the development of the arts and sciences through the establishment of a national university, the financing of scientific expeditions, and the erection of an observatory. His critics declared such measures transcended constitutional limitations. The campaign of 1828, in which his Jacksonian opponents charged him with corruption and public plunder, was an ordeal Adams did not easily bear. After his defeat he returned to Massachusetts, expecting to spend the remainder of his life enjoying his farm and his books. Unexpectedly, in 1830, the Plymouth district elected him to the House of Representatives, and there for the remainder of his life he served as a powerful leader. Above all, he fought against circumscription of civil liberties. In 1836 southern Congressmen passed a “gag rule” providing that the House automatically table petitions against slavery. Adams tirelessly fought the rule for eight years until finally he obtained its repeal. In 1848, he collapsed on the floor of the House from a stroke and was carried to the Speaker’s Room, where two days later he died. He was buried–as were his father, mother, and wife–at First Parish Church in Quincy. To the end, “Old Man Eloquent” had fought for what he considered right. Amid the distractions caused by lingering health issues, conflicts overseas, shortages, and inflation… [Image]( James Monroe was the fifth President of the United States (1817–1825) and the last President from the Founding Fathers. On New Year’s Day, 1825, at the last of his annual White House receptions, President James Monroe made a pleasing impression upon a Virginia lady who shook his hand: “He is tall and well formed. His dress plain and in the old style…. His manner was quiet and dignified. From the frank, honest expression of his eye … I think he well deserves the encomium passed upon him by the great Jefferson, who said, ‘Monroe was so honest that if you turned his soul inside out there would not be a spot on it.’ ” Born in Westmoreland County, Virginia, in 1758, Monroe attended the College of William and Mary, fought with distinction in the Continental Army, and practiced law in Fredericksburg, Virginia. As a youthful politician, he joined the anti-Federalists in the Virginia Convention which ratified the Constitution, and in 1790, an advocate of Jeffersonian policies, was elected United States Senator. As Minister to France in 1794-1796, he displayed strong sympathies for the French cause; later, with Robert R. Livingston, he helped negotiate the Louisiana Purchase. His ambition and energy, together with the backing of President Madison, made him the Republican choice for the Presidency in 1816. With little Federalist opposition, he easily won re-election in 1820. Monroe made unusually strong Cabinet choices, naming a Southerner, John C. Calhoun, as Secretary of War, and a northerner, John Quincy Adams, as Secretary of State. Only Henry Clay’s refusal kept Monroe from adding an outstanding Westerner. Early in his administration, Monroe undertook a goodwill tour. At Boston, his visit was hailed as the beginning of an “Era of Good Feelings.” Unfortunately these “good feelings” did not endure, although Monroe, his popularity undiminished, followed nationalist policies. Across the facade of nationalism, ugly sectional cracks appeared. A painful economic depression undoubtedly increased the dismay of the people of the Missouri Territory in 1819 when their application for admission to the Union as a slave state failed. An amended bill for gradually eliminating slavery in Missouri precipitated two years of bitter debate in Congress. The Missouri Compromise bill resolved the struggle, pairing Missouri as a slave state with Maine, a free state, and barring slavery north and west of Missouri forever. In foreign affairs Monroe proclaimed the fundamental policy that bears his name, responding to the threat that the more conservative governments in Europe might try to aid Spain in winning back her former Latin American colonies. Monroe did not begin formally to recognize the young sister republics until 1822, after ascertaining that Congress would vote appropriations for diplomatic missions. He and Secretary of State John Quincy Adams wished to avoid trouble with Spain until it had ceded the Floridas, as was done in 1821. Great Britain, with its powerful navy, also opposed reconquest of Latin America and suggested that the United States join in proclaiming “hands off.” Ex-Presidents Jefferson and Madison counseled Monroe to accept the offer, but Secretary Adams advised, “It would be more candid … to avow our principles explicitly to Russia and France, than to come in as a cock-boat in the wake of the British man-of-war.” Monroe accepted Adams’s advice. Not only must Latin America be left alone, he warned, but also Russia must not encroach southward on the Pacific coast. “. . . the American continents,” he stated, “by the free and independent condition which they have assumed and maintain, are henceforth not to be considered as subjects for future colonization by any European Power.” Some 20 years after Monroe died in 1831, this became known as the Monroe Doctrine. Treasury Secretary Janet Yellen recently took the stage at COP26 in Glasgow, Scotland to address some of the world’s most powerful people, including: ∙ 𝑼.𝑺. 𝑷𝒓𝒆𝒔𝒊𝒅𝒆𝒏𝒕, 𝑱𝒐𝒆 𝑩𝒊𝒅𝒆𝒏… Andrew Jackson was the seventh President of the United States from 1829 to 1837, seeking to act as the direct representative of the common man. More nearly than any of his predecessors, Andrew Jackson was elected by popular vote; as President he sought to act as the direct representative of the common man. Born in a backwoods settlement in the Carolinas in 1767, he received sporadic education. But in his late teens he read law for about two years, and he became an outstanding young lawyer in Tennessee. Fiercely jealous of his honor, he engaged in brawls, and in a duel killed a man who cast an unjustified slur on his wife Rachel. Jackson prospered sufficiently to buy slaves and to build a mansion, the Hermitage, near Nashville. He was the first man elected from Tennessee to the House of Representatives, and he served briefly in the Senate. A major general in the War of 1812, Jackson became a national hero when he defeated the British at New Orleans. In 1824 some state political factions rallied around Jackson; by 1828 enough had joined “Old Hickory” to win numerous state elections and control of the Federal administration in Washington. In his first Annual Message to Congress, Jackson recommended eliminating the Electoral College. He also tried to democratize Federal officeholding. Already state machines were being built on patronage, and a New York Senator openly proclaimed “that to the victors belong the spoils. . . . ” Jackson took a milder view. Decrying officeholders who seemed to enjoy life tenure, he believed Government duties could be “so plain and simple” that offices should rotate among deserving applicants. As national politics polarized around Jackson and his opposition, two parties grew out of the old Republican Party–the Democratic Republicans, or Democrats, adhering to Jackson; and the National Republicans, or Whigs, opposing him. Henry Clay, Daniel Webster, and other Whig leaders proclaimed themselves defenders of popular liberties against the usurpation of Jackson. Hostile cartoonists portrayed him as King Andrew I. Behind their accusations lay the fact that Jackson, unlike previous Presidents, did not defer to Congress in policy-making but used his power of the veto and his party leadership to assume command. The greatest party battle centered around the Second Bank of the United States, a private corporation but virtually a Government-sponsored monopoly. When Jackson appeared hostile toward it, the Bank threw its power against him. Clay and Webster, who had acted as attorneys for the Bank, led the fight for its recharter in Congress. “The bank,” Jackson told Martin Van Buren, “is trying to kill me, but I will kill it!” Jackson, in vetoing the recharter bill, charged the Bank with undue economic privilege. His views won approval from the American electorate; in 1832 he polled more than 56 percent of the popular vote and almost five times as many electoral votes as Clay. Jackson met head-on the challenge of John C. Calhoun, leader of forces trying to rid themselves of a high protective tariff. When South Carolina undertook to nullify the tariff, Jackson ordered armed forces to Charleston and privately threatened to hang Calhoun. Violence seemed imminent until Clay negotiated a compromise: tariffs were lowered and South Carolina dropped nullification. In January of 1832, while the President was dining with friends at the White House, someone whispered to him that the Senate had rejected the nomination of Martin Van Buren as Minister to England. Jackson jumped to his feet and exclaimed, “By the Eternal! I’ll smash them!” So he did. His favorite, Van Buren, became Vice President, and succeeded to the Presidency when “Old Hickory” retired to the Hermitage, where he died in June 1845. ∙ 𝑪𝒂𝒏𝒂𝒅𝒊𝒂𝒏 𝑷𝒓𝒊𝒎𝒆 𝑴𝒊𝒏𝒊𝒔𝒕𝒆𝒓, 𝑱𝒖𝒔𝒕𝒊𝒏 𝑻𝒓𝒖𝒅𝒆𝒂𝒖… ∙ 𝑭𝒓𝒆𝒏𝒄𝒉 𝑷𝒓𝒆𝒔𝒊𝒅𝒆𝒏𝒕 𝑬𝒎𝒎𝒂𝒏𝒖𝒆𝒍 𝑴𝒂𝒄𝒓𝒐𝒏… ∙ 𝒂𝒏𝒅 𝒎𝒂𝒏𝒚 𝒎𝒐𝒓𝒆… From the stage, Yellen called for world leaders to commit to a ֆ150 trillion ‘global transition’ of our economy. Since then, Bank of America has signed the accord, along with 131 countries, 234 cities, and 695 of the world’s biggest companies. Jeff Bezos and Elon Musk have invested in this ‘transformation’ as well. What is it that Yellen, Biden, Trudeau, Bezos and Musk are pushing for? And what does it mean for your money? Investigative journalist and renowned economist, Nomi Prins has followed the money… [And what she’s found is startling.]( She says: “While most Americans are distracted by mainstream media headlines calling for a stock market crash, I’ve found evidence that shows where the elites are spending ֆ150 trillion to ‘transform’ the economy. Most Americans will be shocked when they see what happens next.” I had to know more, so I scheduled an interview for Nomi to go deeper into the details of this ‘transformation.’ She agreed to do the interview on one condition: she wanted to record it so she could get her message in front of as many Americans as possible before it’s too late. [Button]( Regards, Maria Bonaventura Senior Managing Editor, Distortion Report [logo]( You received this email as a result of your consent to receive 3rd party offers at our another website. Email sent by Finance and Investing Traffic, LLC, owner and operator of The Classy Investors. The Classy Investors, its managers, its employees, and assigns (collectively “The Company”) do not make any assurances about what is advertised above. To ensure you receive our emails to your inbox, be sure to [whitelist us.]( © 2022 The Classy Investors. All Rights Reserved. 221 W 9th St # Wilmington, DE 19801. [.]( Thinking about unsubscribing? We hope not! But, if you must, the link is below. [Privacy Policy]( | [Terms & Conditions]( | [Unsubscribe](