• The Biden administration blocked plans for a major nickel and cobalt mine in northern Minnesota Thursday while the U.S. remains reliant on overseas supply chains for its critical minerals.
  • Now, pending litigation over leases, the Department of the Interior has blocked the nearly $3 billion mine over concerns about the safety of the Boundary Waters Canoe Area Wilderness inside the national forest.
  • The department withdrew more than 225,000 acres of the Superior National Forest from consideration for mining operations, ensuring the Twin Metals project’s demise for the foreseeable future.
  • The agency’s decision to block the project, however, is a major step back for American mineral independence while the government’s mining regime remains so broken that the administration is shopping in Canada for natural resources.
  • According to Brookings, nearly 70 percent of the world’s cobalt comes from the Democratic Republic of the Congo (DRC), where workers often operate in sub-human conditions complete with child labor. The Chinese have out-invested every global competitor in the Congolese mines.
  • More than 30 percent of the world’s nickel comes from Indonesia, where the Chinese are also investing heavily to cement a sphere of communist influence. The East Asian island country has also struggled to mine sustainably.
Source: thefederalist.com

Rents Spike for Americans as Biden’s Migrants Fill Apartments
  • Half of American renters — or 25 million people — now spend more than 30 percent of their pre-tax income on housing amid President Joe Biden’s wage-cutting, rent-spiking welcome for mass migration.
  • “The national average rent-to-income (RTI) reached 30% for the first time in our 20+ years of tracking history, up 1.5% from year-ago,” said a housing report by the Wall Street firm of Moody’s Analytics.
  • “Rent … rose faster than incomes” in 75 metro areas, according to the report.
  • Back in 1999, rents consumed roughly 22.5 percent of the median income, the report said.
  •  Democrats continue to push for more migration, even though the rising rents are forcing young Americans to delay marriage and move back to their parent’s homes.
  •  New York rents take almost 70 percent of the median wage, yet Rep. Alexandria Ocasio-Cortez (D-NY) is urging more migration into her high-rent, low-wage district.  On January 25, she and almost 80 other Democrats signed a letter to President Joe Biden asking for more migration:

 

Source: breitbart.com

Biden Lashes Out at House GOP: “We’re Moving in the Right Direction…Now We Gotta Protect Those Gains From the MAGA Republicans in the House” (VIDEO)

  • Biden attacked “MAGA Republicans” in the House in his speech to union workers.
  • “We’re moving in the right direction. Now we’ve gotta protect those gains … protect them from the MAGA Republicans in the House of Representatives who are threatening to destroy this progress.”

 

Joe Biden absurdly claimed that “wages are up and they are growing faster than inflation.”

 

Biden’s inflation crisis is forcing more and more Americans to live paycheck to paycheck.

  • The report on inflation released earlier this month by the BLS shows the price of goods in December is 6.5% greater than the price of goods a year ago.
  • Real wages have been down 21 months in a row and energy costs are through the roof.

Source: thegatewaypundit.com

 

A Dollar Collapse Is Now In Motion – Saudi Arabia Signals The End Of Petro Status 

Source:  alt-market.us/