'We don't say a penis belongs to a man': Kindergarten teacher reportedly says he exposes kids to the terms transgender and gender-queer



The Washington Post reported that a kindergarten teacher in Massachusetts said that he exposes children to the terms transgender and gender-queer, though he does not provide complete definitions since that would be too much for kids in kindergarten. The outlet reported that the educator wished to remain anonymous since his district had not cleared him to talk publicly.

The teacher discusses anatomy but does not categorize parts as being specifically male or female, according to the Post. "We don’t say a penis belongs to a man," the teacher remarked — it goes with a human, he noted. The kindergarten educator teaches that if a physician declares a baby to be a boy when he is born, that child is not necessarily a boy. "Someone who was born a boy may not feel they are a boy."

The Post also reported that biology teacher Sam Long of Denver South High School, who is transgender, said that "LGBTQ identities are a naturally occurring facet of human variation, and that is why we need to learn about them in the context of biology and human anatomy."

Issues surrounding radical leftist gender ideology are highly controversial and remain the topic of significant debate throughout the country. Many parents do not want their kids to be exposed to the reality-defying gender-bending dogmas peddled by the left.

"There's years of research that demonstrate that curriculums that include respect for others regarding their sexual orientation and gender identity are more effective," director of the division of adolescent and school health at the Centers for Disease Control and Prevention Kathleen Ethier stated, according to the Post. "When you make a school environment safe and supportive for the most vulnerable youth, you improve the school environment for everyone."

The U.S. government has been celebrating the LGBT movement by recognizing June as so-called pride month. President Joe Biden issued a proclamation declaring "June 2022 as Lesbian, Gay, Bisexual, Transgender, Queer, and Intersex Pride Month. I call upon the people of the United States to recognize the achievements of the LGBTQI+ community, to celebrate the great diversity of the American people, and to wave their flags of pride high," he said in the proclamation.

The Marine Corps issued a tweet that included a graphic featuring bullets with brightly-colored tips, in a nod to the LGBT rainbow symbol. The Air Force also posted a tweet recognizing pride month.

Government entities, such as the Treasury Department, have even hoisted pride flags to celebrate the cause du jour.

\u201cThroughout June, the USMC takes #Pride in recognizing and honoring the contributions of our LGBTQ service members. We remain committed to fostering an environment free from discrimination, and defend the values of treating all equally, with dignity and respect.\n\n#PrideMonth #USMC\u201d
— U.S. Marines (@U.S. Marines) 1654090901
\u201cToday, @SecYellen raised the Pride flag at Treasury to express solidarity with LGBTQ+ Americans during #PrideMonth. This is the first time in history that the Pride flag has been raised at the Treasury building.\u201d
— Treasury Department (@Treasury Department) 1654196513

Former Clinton treasury sec, top Obama adviser fires back after Janet Yellen says he is 'wrong' about inflation



Economist Larry Summers fired back at Treasury Secretary Janet Yellen Monday after she claimed he was "wrong" to sound the alarm about the growing risk of out-of-control inflation.

What is the background?

While speaking at a conference earlier this month, Summers — who served as Bill Clinton's treasury secretary and Barack Obama's director of the White House National Economic Council — warned of out-of-control inflation.

"We're in more danger than we've been during my career of losing control of inflation in the U.S.," he said, Bloomberg reported.

"We have a generation of central bankers who are defining themselves by their wokeness," Summers also said. "They're defining themselves by how socially concerned they are."

Responding to Summers' comments in an interview on CNN's "State of the Union," Yellen called Summers "wrong."

"I think he's wrong, I don't think we're about to lose control of inflation," Yellen said.

Yellen then regurgitated Biden administration talking points, claiming inflation is connected to "high demand for goods," before praising the "very good impact" of COVID-related economic rescue packages and President Joe Biden's agenda.

How did Summers respond?

Writing in a lengthy Twitter thread, Summers said he hopes Yellen is right, but believes she is most likely wrong.

"[Yellen] expresse[d] confidence that inflation is decelerating and will be back to target levels by the end of next year," Summers began. "I hope she is right but I think it's much less than a 50/50 chance."

She expresses confidence that inflation is decelerating and will be back to target levels by the end of next year.… https://t.co/xcqYEJ2nNg

— Lawrence H. Summers (@LHSummers) 1635185406.0

To prove his point, Summers explained the Biden administration has continually adjusted inflation predictions — owing to the fact previous forecasts were proved wrong — and that Yellen was "misleading" in her claims on CNN.

When the Administration formulated its budget in February, it expected 2 percent inflation in 2021, I was warning about inflation. Their forecast is no longer operative. In May and June, @SecYellen expressed confidence that inflation would be back to the 2 percent range by late 2021 or early 2022. Now this forecast is no longer operative.

In @CNN interview, @SecYellen asserts twice that inflation has decelerated. This is a bit misleading as the 3 month and 12 month CPI inflation rates are both around 5 percent on an annual basis.

Summers went on to say that inflation predictors suggest inflation will continue to worsen and explained what that means for markets.

"Given lags in the indices, housing inflation is almost certain to soar in coming months. With super tight labor markets, rising strike activity and real wages having declined, increases in wage inflation are likely as well," Summers said.

"I actually believe the gap between Treasury & Fed statements and the everyday experience of businesses and consumers in terms of inflation has widened in recent months. Until the Fed & Treasury fully recognize the inflation reality, they are unlikely to deal with it successfully," he added.

I actually believe the gap between Treasury & Fed statements and the everyday experience of businesses and consumer… https://t.co/mmYTxTNW7w

— Lawrence H. Summers (@LHSummers) 1635185408.0

Janis Bowdler appointed to serve as Treasury Department's first counselor for racial equity



Treasury Secretary Janet Yellen has announced the appointment of Janis Bowdler to serve as Treasury's very first counselor for racial equity, a role that involves coordinating the department's attempts to promote racial equity, according to a news release.

"Ms. Bowdler will be charged with coordinating Treasury's efforts to advance racial equity including engaging with diverse communities throughout the country and to identify and mitigate barriers to accessing benefits and opportunities with the Department," the release noted.

"I have spent my entire career working in solidarity with Black, Latinx, AAPI, Native communities, and other communities of color to dismantle the structural and institutional racism that perpetuates the racial wealth divide," Bowdler said in a statement.

"Addressing racial and gender disparities and giving underserved communities greater access to opportunities creates more broadly shared prosperity for all. Thank you to Secretary Yellen for entrusting me with this position to help contribute to the Biden Administration's commitment to centering racial equity in its work," she said.

I’ve appointed Janis Bowdler to serve as Treasury's first Counselor for Racial Equity, charged with coordinating Tr… https://t.co/R6HRGDmWY7

— Secretary Janet Yellen (@SecYellen) 1635191615.0

Deputy Secretary of the Treasury Wally Adeyemo wrote in a blog post that in her new role, Bowdler "will coordinate and lead efforts across the department to inform our decisions with a focus on racial equity and work to ensure our programs create opportunity in communities of color."

One of Bowdler's first objectives will be the establishment of a Racial Equity Advisory Committee at the department, according to Adeyemo.

"The creation of this committee will provide the Department's leadership with advice and expert counsel focused on advancing equity for communities that have historically been left behind. Through the membership of the Committee, the Department will benefit from the perspectives and input from a range of individuals, including academics, researchers, industry leaders, community-based leaders and advocates, philanthropists, and others," Adeyemo wrote.

Democrats now want to tax people’s stock gains before they sell them to help pay for Biden's massive social spending bill



Democratic leadership over the weekend began suggesting a new way to pay for President Biden's multitrillion-dollar social policy and climate action spending bill — a tax on wealthy people's unrealized capital gains.

Unrealized capital gains are increases in value of stock purchases that the purchaser has yet to "realize" by selling the stock at its new price.

"We probably will have a wealth tax," Democratic House Speaker Nancy Pelosi (Calif.) told CNN on Sunday.

In a separate interview with the network, Treasury Secretary Janet Yellen confirmed that the policy is being discussed, though she was careful not to call it a wealth tax. According to Yellen, the policy would impose a tax on billionaires' stock gains as well as other assets like real estate.

"I wouldn't call that a wealth tax, but it would help get at capital gains, which are an extraordinarily large part of the incomes of the wealthiest individuals and right now escape taxation until they're realized," Yellen said.

.@SecYellen on the proposed tax which would pay for the Build Back Better act: "It's not a wealth tax, but a tax on… https://t.co/NSkcnMNMnV

— The Hill (@thehill) 1635118260.0

According to the New York Times, the policy is currently being put together by Democratic Sen. Ron Wyden (Ore.), who heads the Senate Finance Committee. It is expected to be unveiled sometime this week.

"It would affect people with $1 billion in assets or those who have reported at least $100 million in income for three consecutive years," the Times reported, adding that "Democrats hope it would generate at least $200 billion in revenue over a decade."

Yet even $200 billion is only a drop in the bucket compared to the total price tag of Biden's proposal, which now sits at roughly $2 trillion, according to reports.

The proposal started at $3.5 trillion but has required significant downsizing in recent weeks due to opposition to the proposal from members within Biden's own party — including Democratic Sens. Joe Manchin (W.Va.) and Kyrsten Sinema (Ariz.).

The bill's stagnation in Congress has left proponents scrambling to find agreeable ways to pay for it. But it remains to be seen whether a tax on unrealized capital gains will be acceptable to moderate Democrats.

The tax is certainly not popular with Republicans. During an interview with Mark Levin on Sunday, Sen. Tim Scott (R-S.C.) called the idea extremely problematic.

"Part of their strategy right now is not only to increase the tax rates but to find new ways to generate revenue from revenue that is not [in] your account yet," Scott said. "That is something that is not just problematic. That is something that actually discourages the system itself."

"We can't kill the goose that lays the golden eggs," Scott continued, adding, "This administration is antithetical to all things free enterprise, hoping for liberty and justice for all."

Janet Yellen gets called out after claiming proposal for IRS to get bank account data is about holding wealthy Americans accountable



Treasury Secretary Janet Yellen was promptly called out after defending a controversial proposal that could have the Internal Revenue Service intrusively tracking all bank accounts with transactions that annually total $600 or more.

What is the proposal?

To improve "tax compliance" and boost government revenue, the Treasury Department outlined a proposal in May that would allow the IRS to track bank account data for any account with withdrawals or deposits that annually total at least $600.

The proposal states:

This proposal would create a comprehensive financial account information reporting regime.Financial institutions would report data on financial accounts in an information return. Theannual return will report gross inflows and outflows with a breakdown for physical cash,transactions with a foreign account, and transfers to and from another account with the sameowner. This requirement would apply to all business and personal accounts from financialinstitutions, including bank, loan, and investment accounts, with the exception of accountsbelow a low de minimis gross flow threshold of $600 or fair market value of $600.

Further, the proposal would give the treasury secretary "broad authority to issue regulations necessary to implement this proposal."

What did Yellen say?

During an interview with "CBS Evening News" this week, Yellen defended the proposal, saying its purpose is to hold billionaires and wealthy Americans accountable.

"Look, the big picture is that we have a tax gap that over the next decade is estimated at $7 trillion," Yellen said. "Namely, a shortfall in the amount that IRS is collecting due to a failure of individuals to report the income that they have earned."

"But that's among billionaires," host Norah O'Donnell pointed out. "Is that among people who are transferring $600?"

"No, it tends to be among high-income individuals whose income is opaque and the IRS doesn't receive information about it," Yellen replied. "If you earn a paycheck, you get a W-2, the IRS knows about it. But high-income individuals with opaque sources of income that are not reported to the IRS, there's a lot of tax fraud and cheating that's going on, and all that's involved in this proposal is a few aggregate numbers about bank accounts: the amount that was received in the course of the year, the amount that went out in the course of a year."

“There’s a lot of tax fraud and cheating that’s going on.” Treasury @SecYellen tells @NorahODonnell the proposed $6… https://t.co/RpiLK3sLqR

— CBS Evening News (@CBSEveningNews) 1634069505.0

What was the response?

Yellen was promptly called out and accused of being dishonest.

Critics pointed out the obvious: If the proposal is about holding accountable wealthy Americans, like billionaires, why is the annual transaction threshold proposed to be a mere $600?

  • "Can't tell you how many billionaires got that way by withdrawing $600 at a time from a bank. Because that would take literally 1,666,666 transactions," Ben Shapiro questioned.
  • "Biden will double the size of the IRS and surveil every bank account in America... and find that billionaires are corps still have better tax lawyers than the government and can defend everything they claim. But millions of small businesses will be audited blind," Phil Kerpen warned.
  • "That's insane. You don't become a Billionaire by hiding transactions of $600 from scrutiny," National Review's Michael Brendan Dougherty responded.
  • "$600 to hold billionaires accountable. This is an insult to the intelligence of the American people," another person reacted.
  • "This is the Chinese Communist Party's police state right here in America, Biden-style," Rep. Mark Green (R-Tenn.) said.
  • "Everyone knows this is bulls**t. They know everyone knows this is bulls**t," another person said.
  • "I'm having a hard time understanding how this holds our billionaires accountable," one person wondered.
  • "Wow, if $600 is the threshold then I know more billionaires than I realized," another person mocked.

If the proposal ever came to fruition, it would take effect for tax years beginning after 2022.