Saturday, May 18, 2024

The Way Trump Can End Inflation Pronto

 COMMENTARY

THE POWER TO DESTROY

Wayne Allyn Root urges Republican to emulate Javier Milei's action in Argentina

The American Dream is on life support.

And while inflation may go up from here – or be down in any given month – the reality is inflation is here to stay. 

It may not soar again like the first three years of the Biden administration, but whether it continues going up from here is beside the point.

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We already have a base that few Americans can afford. 

Everything we buy is already up dramatically from the good old Trump days. 

And those high prices are the new base.

But many other products and services are skyrocketing. They are not staying at the base:

– Auto insurance is skyrocketing.

– Home insurance is skyrocketing.

– Health insurance is skyrocketing.

– Doctor and hospital bills are skyrocketing.

– Electric bills are skyrocketing.

– Natural gas bills are skyrocketing.

If World War III starts soon (which I believe it will), the fuel we put in our cars will skyrocket..

And then there's restaurant bills and groceries. 

I don't know if they'll continue to soar. 

But even if inflation cools, they're already way too high.

But dumb, ignorant, clueless suicide bombers (i.e., Democrats) don't understand inflation. 

They have no idea what causes it. I do:

Democrats cause it.

Here is a simple plan that ends inflation instantly and creates a booming economy and prosperity for all. 

President Javier Milei is already doing much of my plan in Argentina, and he has tamed the highest inflation in the world in record time and instantly turned around his economy. 

Argentina's currency is up by the most of any currency in the world – and the man has only been president for a few months! 

It's an economic miracle.

This should be President Donald Trump's game plan. Here it is. Simple.

It's all about spending. Government spending. We need to cut it dramatically. We need to cut the debt and deficit. We need a budget surplus.

We can end inflation tomorrow with this plan. I hope and pray President Trump adopts all or most of it.

First, cut government spending dramatically – in every agency and department across the board. 

Start with a 15% cut on Day 1 – across the board everywhere, except military spending.

At the end of six months, cut another 15% of all government spending, except military.

Watch. The productive citizens of America will never even notice it's gone. It will have no effect on their lives.

At the same time, cut government employees and bureaucrats. Start with firing 15% of all federal employees. At the end of six months, fire another 15%.

Watch. The productive citizens of America will never even notice these government employees are gone. It will have no effect on their lives.

Those two goals should be just a start.

Eliminate the departments of Energy and Education instantly – they have both failed miserably. Who needs them? No one will notice they're gone. We couldn't do worse.

Make a list of 20 more useless government agencies to eliminate entirely in the first six months.

After we do all this cutting, we should be able to attain a budget surplus, for the first time in decades.

In Argentina, Milei set a goal to achieve a budget surplus. He did it in his first few months. For the first time in 20 years. Bravo.

If Argentina can do it, we can do it.

To help make it all happen, a Republican Congress needs to pass a balanced budget amendment and a line-item veto for Trump.

The next big problem is open borders. 

Illegal alien spending is overwhelming our economy and exploding our debt. This is what causes inflation! 

We must seal the border and stop ALL spending on illegals.

And deport 20 million-plus illegal aliens already here, sucking off of American citizens, eating up our budget, bankrupting our health care and public school systems.

To help accomplish this, ban all forms of welfare for illegal aliens.

You want to come to our country, come legally, and you can't collect a dime from American taxpayers. 

You have no right to burden our citizens, explode our debt or raise our taxes. 

If you can't work, you can't come, and you can't stay. Simple.

This alone saves half a trillion dollars per year. That's $5 trillion of savings over the next decade. That's real money.

Then ban welfare (after six months) for anyone in America who has two arms and two legs. 

If you're not disabled, you must work. If you don't want to work, fine. We value your freedom. Be a lazy bum, just not on our taxpayer's dime. No more welfare for life.

Which fits perfectly with eliminating illegal aliens. 

We don't need them to do the work, if everyone on welfare is given a choice – do those jobs "no one wants," or lose your welfare. 

We will save trillions of dollars over the next decade.

Next, reverse or cancel all green energy policies, regulations and laws. All of them.

America was built on cheap fossil fuel. Our middle class became the biggest and most prosperous in world history thanks to cheap fossil fuel. Green energy/climate change B.S. is the worst mistake in world history.

Except, it's not a mistake. It's the intentional destruction of America.

Drilling, clean coal, fracking and nuclear will make our country, U.S. economy and middle class prosperous again. And energy independent again. It's that simple.

Next, stop all foreign aid to Ukraine. Are we insane? Giving them $200 billion in a losing cause, to the most corrupt government in the world, is exactly what causes inflation here in America. To give Ukraine money, we have to run the printing presses 24/7. Stop it.

Next, fire the 86,000 new IRS agents and cancel the $86 billion of spending needed for them. What a waste. We should be finding a way to eliminate the IRS, not giving them an additional $86 billion.

Next, cut spending on crime. Crime is exploding simply because we let all the criminals out to do it again and again. Pass "three strikes" laws again. Commit three crimes and you go to prison for life. End of story. We'll save trillions by locking up forever the worst repeat offenders in America. And the threat of three strikes will stop a huge portion of future crime.

Maybe a few retail chains can actually stay in business in America again.

And finally, announce the biggest tax cut plan in history. Bigger and better than Reagan's tax cut. Reward the productive citizens of America who pay into the system. Give them a flat tax of 15%.

And cut capital gains taxes to zero. China has a 0% capital gains tax. How can we compete with them if we take 25%, let alone Biden's proposed 44.6%? Do it my way and watch investment and jobs soar like never before.

This is just a start off the top of my head. Do this and inflation is gone. Instantly. Interest rates drop to historic lows. The economy skyrockets by the most in history. America and the U.S. economy are great again.

This is your plan, President Trump.

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Are We Still 'America The Beautiful'?

 OMMENTARY WND NEWS CENTER

ROAD TRIP!

Exclusive: Patrice Lewis reports on the sights, sounds and people of the western states

We came home two weeks later and began learning the art of being married. 

Thirty-four years later, we're still going strong.

Because we've owned livestock for most of our married life, we haven't traveled together in over three decades. Someone must always be home to attend to the cows. 

But when we downsized a few years ago and moved to a smaller home (we live in North Idaho), we sold or butchered our animals and have been without livestock ever since.

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All that changed a few weeks ago when we purchased a Jersey heifer and an Angus cow/calf pair. 

We made agreements with the sellers to deliver the animals at the end of May.

Why the delay in taking possession of the cows? 

It's because, for almost the first time since our first honeymoon, my husband and I planned to take a trip together, a sort of second honeymoon. 

We realized this was a "now or never" opportunity before becoming pinned down with livestock once again. 

We decided to repeat our adventures in the southwest, but this time viewing new and different vistas (and wisely using a rental car). 

We budgeted and saved for months to finance the trip. 

We also wanted to travel and return before the crowds of Memorial Day weekend.

My husband was especially eager to show me a good time. In discussing something we had seen on our original honeymoon, he commented, "I don't remember that. 

I forgot everything else because we were so madly in love."

"We still are," I replied.

"Yeah," he replied, "but now our love is like fine wine. Back then, it was like shots of tequila."

I burst into laughter. This, dear readers, is one of the many reasons I'm still madly in love with my husband: He makes me laugh, often uproariously.

We had two goals on this trip: We wanted to avoid (whenever possible) major highways; and we absolutely wanted to avoid any big cities. 

We are not interested in cities, where – it seems – nearly every ill afflicting America tends to concentrate. 

Nor did we want to whiz along at 80 mph on major highways and miss a tremendous amount of "slices of life" we might encounter with "slice of life" people.

Instead, we wanted to see the scenery and back roads and small towns of America's west and southwest. 

Our nation, we've known for some time, is on the decline. 

Crime, drugs, violence, illegal immigration, inflation and other woes have altered the nation we love. 

How have things changed since 1990, when my husband and I took our first honeymoon? 

We wanted to find out.

It is telling, however, that we did not let anyone know in advance we were taking this trip. 

Not only would that advertise that our adult daughter was pet-sitting alone in the house, but in this brave new world of squatters, who knew what we might come home to?.

So on Saturday, May 4, we took possession of a rental car and hit the road. 

We visited parts of Idaho, Oregon, Nevada, Utah, Arizona, Colorado, Wyoming, and Montana before returning, tired but happy, to our snug North Idaho homestead on Wednesday, May 15. 

We traveled about 3,500 miles during that time.

We saw many wonders, both man-made and natural. 

(I also took over a thousand photographs – 1,253 to be precise – documenting our travels.) We visited Glen Canyon Dam, Horseshow Bend and Monument Valley. 

We visited about a dozen small museums, lots of roadside attractions, small towns galore and several hiking trails. 

Once, memorably, we stopped in the middle of an empty road, got out of the car, and simply … listened. 

We listened and heard wind, birdsong, crickets and the quiet of the endless Wyoming prairie.

We also met lots and lots and lots of people. 

We met Caucasians, Hispanics, Blacks, Asians, East Indians and Native Americans. 

With one exception (a true "Karen" ahead of me in line who was haranguing a hapless hotel clerk), every last person we encountered was kind, friendly, helpful and pleasant. 

Every. Last. Person. 

We tried to be friendly, generous and considerate in return. 

To be honest, this trip went a long way toward restoring my faith in humanity, which sometimes tends to get soured after marinating in the news.

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We purchased hardly anything except food, lodging and gas. 

The purpose of our travels was not to shop; it was to explore the beauty of our nation, meet a sample of ordinary citizens and enjoy each other's company.

America's heartland is still full of hardworking, honest people struggling to make a living under an increasingly tyrannical government. 

Many towns we passed through were thriving; others were dying. 

Some towns had converted themselves into tourist destinations to survive; others catered – as they had for decades – to farmers and ranchers.

Some people we met had started roadside attractions, capitalizing on local folklore to make a living. 

Others were entrepreneurs putting their passions into building something dear to their hearts – growing specialty crops, starting a museum, preserving aspects of American history. 

In all instances, we came away awed and humbled by the experience.

We returned home, glad to be on familiar ground and off the road. 

We're a couple of homebodies at heart, but were immensely heartened by our trip. 

We were pleased to sample what makes America great, and we're far richer for it.

It's a scary world out there, especially if you obsess over the news (remember, "If it bleeds, it leads"). 

But take the time to leave the news stream behind and sit by a real stream for a while. 

Find a snow-covered mountain peak or a wind-swept prairie. 

Visit with an 80-year-old man who assembled an Americana museum over the span of his life. 

Meet a Navajo woman selling her handmade jewelry by the side of the road to put her daughter through nursing school.

It's a great big wonderful world out there, folks. 

America is still beautiful. 

Sometimes we need to remember that.

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Homelessness Surging In 1 City Despite Doling Out Hundreds Of Millions

 SCANDALS U.S.

URBAN DISTURBANCE

Has faced recent criticism for piloting a 'Managed Alcohol Program' costing $5 million

(Unsplash)

Will Kessler
Daily Caller News Foundation

The number of homeless people in San Francisco jumped compared to two years ago, despite the city spending hundreds of millions of dollars to address the issue, city data shows.

The total number of homeless people in San Francisco rose 7% to 8,328 in a one-night measurement in January 2024 compared to the same in 2022, reversing the 3.5% decline recorded from 2019 to 2022, according to the city’s Department of Homelessness and Supportive Housing. 

Funding for homelessness from the city increased to $676 million in the 2022–23 fiscal year, up from $284 million in 2018–19, according to the San Francisco Chronicle.

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Despite the total number of homeless people rising, the number of unsheltered people fell 1% in January compared to the same time in 2022 as the city prioritizes providing housing, increasing the number of beds available by 28% since 2019, according to the department. 

The number of people living in their vehicles in January has jumped 37% since 2022, and the number of people living in shelters has spiked 39%.

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“We are working every day to move people off our streets and into shelter, housing, and care,” San Francisco Mayor London Breed said in a press release following the survey. 

“This is safer and healthier for people on our streets, and it is better for all of us that want a cleaner and safer San Francisco. 

Our City workforce is dedicated to making a difference, and we will keep working to get tents off our streets, bring people indoors, and change the conditions in our neighborhoods.”

Breed is facing a tough reelection bid coming up in November later this year, holding just a slim lead over her more moderate opponents, according to The San Francisco Standard. 

The mayor’s unfavorability numbers are currently high and could rise higher if homelessness remains an issue.


San Francisco had a smaller jump in homelessness than the state of California as a whole, which had a 20% increase in the total number of homeless people compared to 2019, according to the department. 

California voters narrowly approved $6.4 billion in funding across the state for the construction of housing and treatment beds to accommodate homeless people with mental illnesses.

The increase in funding for homelessness follows a new business tax that was approved by San Francisco voters in 2018 and is specifically designed to provide funding for new housing units, rental subsidies and mental health services, according to the San Francisco Chronicle. 

An individual or family needs to earn $51.25 per hour to afford a one-bedroom apartment in the city.

To address low housing availability and high costs, Breed has launched an initiative called “Housing for All” that aims to build 82,000 new homes over the next eight years through expediting housing approvals, reforming housing regulations and more. 

The city approved just seven new housing permits in the first two months of 2024, well behind what it would need to reach its goal.

There were just 2,024 new housing units built in all of 2024 in the city, the worst gain in a decade and a 30% drop from the year before, according to the San Francisco Chronicle. 

High interest rates and elevated construction costs are among the reasons for the slow growth..

San Francisco has relied heavily on non-profits to combat homelessness despite concerns about how effectively the funding is being used, with the city’s attorney in early May accusing one nonprofit, the Providence Foundation, of stealing $100,000 of public money meant to address the issue. 

The Providence Foundation has received around $100 million in contracts from the city.

The city has faced recent criticism for piloting a “Managed Alcohol Program” costing $5 million that gives free beer, wine and vodka to the homeless to help recovering alcoholics.

Breed’s office deferred the Daily Caller News Foundation to previous statements.

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Biden's Climate Agenda Running Into A Wall Of His Own Making

 MONEY POLITICS SCANDALS WORLD

'American consumers' will pay for his new tariffs

(Unsplash)

By Will Kessler
Daily Caller News Foundation

President Joe Biden’s administration unveiled tariffs this week aimed at boosting domestic production of green energy technology, but the move could end up hamstringing his larger climate goals.

The tariffs announced on Tuesday quadruple levies for Chinese electric vehicles (EVs) to 100% and raise rates for certain Chinese green energy and EV components like minerals and batteries. 

Biden has made the transition to green energy and EVs a key part of his climate agenda, but hiking tariffs on those products to help U.S. manufacturing could jack up prices on the already costly products, slowing adoption by struggling Americans, according to experts who spoke to the DCNF.

The risks posed by hiking levies on green technology expose the inherent tension between Biden’s climate agenda and his efforts to protect American industry, which often struggles to compete with cheap foreign labor. 

Items on his climate agenda typically raise costs, and requiring companies to comply could make them uncompetitive on the world stage.

“These tariffs are a classic example of the Biden administration’s left hand not knowing what the right hand is doing,” E.J. Antoni, a research fellow at the Heritage Foundation’s Grover M. Hermann Center for the Federal Budget, told the DCNF. 

“The inability to import Chinese-made EVs due to prohibitively high costs will necessitate importing raw materials and parts for EVs from China. 

Since automakers can’t afford to build and assemble the vehicles here, prices will have to rise. 

In other words, American consumers will pay the cost of this tariff, not the Chinese.”

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The White House, in its fact sheet, pointed to China artificially lowering its prices and dumping goods on the global market as the justification for the new tariffs in an effort to help protect American businesses. 

China has pumped huge subsidies into its own EV industry and supply lines over the past few years, spawning a European Union investigation into vehicles from the country.

“Tariffs on Chinese EVs won’t just make Chinese EVs more expensive, they will also make American EVs more expensive,” Ryan Young, senior economist at the Competitive Enterprise Institute, told the DCNF. 

“This is because domestic producers can now raise their prices without fear of being undercut by competitors. Good for them but bad for consumers — and for the Biden administration’s policy goal of increased EV adoption.”

Several American manufacturers are already struggling to sell EVs at a profit, with Ford losing $4.7 billion on its electric line in 2023 while selling over 72,000 of the vehicles. 

To ease price concerns and increase EV adoption, the Biden administration created an EV tax credit of $7,500 per vehicle, depending on where its parts are made.

The market share of EVs out of all vehicles fell in the first quarter of 2024 from 7.6% to 7.1% as consumers opted to buy cheaper traditional vehicles instead. 

Growth in EV sales increased by just 2.7% in the quarter, far slower than the 47% growth that the industry saw in all of 2023.

The Biden administration has also sought to use regulations to push automakers toward electrifying their offerings as consumers refuse to voluntarily adopt EVs, finalizing rules in March that effectively require around 67% of all light-duty vehicles sold after 2032 to be electric or hybrids..

“By raising the price — and thereby stunting the deployment — of EVs, the tariffs undermine the Biden administration’s stated goals of reducing carbon emissions (as many U.S. environmentalists and EV fans have recently lamented),” Clark Packard, research fellow in the Herbert A. Stiefel Center for Trade Policy Studies at the Cato Institute, wrote following the announcement. 

“The EV tariffs (and also-announced solar tariffs) would continue the administration’s habit of choosing politics and protectionism over their environmental agenda.”

Despite the subsidies, the 25% tariff that is currently in place for Chinese EVs already prices the product out of the U.S. market, resulting in no Chinese-branded EVs being sold in the country, according to Barron’s. 

Only a handful of the more than 100 EV models being sold in China appeal to American consumers, and none of them can compete under current levies.

“Something like this happened just a few years ago when former president Donald Trump enacted 25% steel tariffs in 2018,” Young told the DCNF. 

“Domestic steel producers raised their prices by almost exactly the amount of the tariff, and America soon had the world’s highest steel prices. 

As a result, car prices went up by about $200 to $300 on average. 

Larger trucks with more steel content increased even more. Now Biden is going to do the same thing to EVs.”

In the year following the increase in steel tariffs under the Trump administration, U.S. Steel’s operating profit rose 38%, prices were hiked 5 to 10% and revenue was up 15% due to reduced competition, according to CNN.

Despite the massive tariff hike on EVs, Biden only raised the tariff rate on Chinese lithium-ion EV batteries and battery parts to 25%, according to the White House. 

The tariff rate on certain essential minerals, like natural graphite, was also hiked to just 25%.

“Despite rapid and recent progress in U.S. onshoring, China currently controls over 80% of certain segments of the EV battery supply chain, particularly upstream nodes such as critical minerals mining, processing, and refining,” the White House wrote in its fact sheet. 

“Concentration of critical minerals mining and refining capacity in China leaves our supply chains vulnerable and our national security and clean energy goals at risk.”

China has broad control over the majority of minerals necessary to construct EVs, possessing nearly 90% of the world’s mineral refining capacity. 

Sources of the required minerals often also have serious human rights concerns, such as the world’s supply of cobalt, which has widespread ties to child labor.

Biden attacked former President Donald Trump during the 2020 election for the broad tariffs that he put on Chinese goods, noting that “any freshman econ student” could point out that the costs of the tariffs would be passed on to American consumers.

EV makers have increasingly struggled over the past year to maintain profits amid stalling demand, with the largest American EV manufacturer, Tesla, reporting a 10% drop in year-over-year revenue in the first quarter of 2024. 

Tesla is one of several EV makers that have announced layoffs in recent months.

“Fortunately, the EV market is still small in the U.S. and Chinese EVs are an even smaller slice of that small pie,” Antoni told the DCNF. 

“Even if the EV market in the U.S. were large, these tariffs would not help the domestic EV industry. 

While consumer demand for EVs would shift to domestic models, an increase in domestic production would rely on very expensive inputs from China, cutting into profits.”

The White House did not respond to a request to comment from the DCNF.

This story originally was published by the Daily Caller News Foundation.

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COVID 'Social Distancing'? 'No Evidence' Supporting 6-Foot Demands

 HEALTH POLITICS WND NEWS CENTER WORLD

WND

Expert admits there was no science used for guidance

Japanese school children sit socially distanced while attending a wheelchair rugby game, Wednesday, Aug. 25, 2021, during the Tokyo Paralympics at Yoyogi Stadium in Tokyo, Japan. (Official White House photo by Cameron Smith)

Japanese school children sit socially distanced while attending a wheelchair rugby game, Wednesday, Aug. 25, 2021, during the Tokyo Paralympics at Yoyogi Stadium in Tokyo, Japan. (Official White House photo by Cameron Smith)

That COVID "social distancing" demand – spewed out by government officials during the pandemic – marked out 6-foot intervals on store floors for people to wait in line.

And kept school children home.

Among the "real life consequences, according to a federal report, were those catastrophic lockdown of schools, since they couldn't reopen "due to the pressure from teachers' unions to follow this guideline."

It was, according to a report at The Federalist, perpetrated by former National Institutes of Health chief Francis "Collins and crew, including the smug and self-righteous Dr. Anthony Fauci, the immunologist who ran the National Institute of Allergy and Infectious Diseases for a dangerously long time, made a very good living segregating a society at an unprecedented level. 

The damage done from the scientists’ sign-off on a long and cruel isolation experiment will take a long time to fully measure."

But the whole idea of a "distancing" was based on … no science.

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That's according to Collins himself, whose agency at the time threatened, in an article, "Six feet apart or six feet under…"

Collins was questioned earlier this year in a closed-door session of the Select Subcommittee on the Coronavirus Pandemic, and a transcript recently was released.

Collins was asked if he believed any science or evidence supported the six-feet rule, and Collins said he did not.

"Is that I do not recall or I do not see any evidence supporting six feet?" a COVID subcommittee staff member asked, the report said.

"I did not see evidence, but I’m not sure I would have been shown evidence at that point," Collins replied..

And now, has Collins see any evidence in the interim requiring six-foot distancing?

"No," he said.

The Federal reported, "Youth suicide rates exploded in the wake of lockdown isolation. 

Schoolchildren everywhere were left behind in an arbitrary and unnecessary lost year-plus of education. Small businesses in droves shut down. 

Government bureaucrats stepped all over basic rights, abridging travel, livelihoods, and even worship.

"And they did it all with no evidence."

The Federalist noted Collins also admitted that the idea that the virus, suspected of contributing to more than a million deaths in America, came from a Chinese lab experimenting with those very diseases, is not a conspiracy theory.

The staff member asked, "Putting aside de novo, the possibility of a laboratory or research-related accident, a researcher doing something in a lab, getting infected with a virus, and then sparking the pandemic. 

Is that scenario a conspiracy theory?"

"Not at this point," Collins said.

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