Dear friends, followers, and critics,

We are at a pivotal moment. On one hand, we are witnessing the collapse of the corona narrative; on the other, we are seeing a new mass formation arising around the story of the war in Ukraine. These two phenomena are not occurring by chance at the same time.

What everyone who wanted to know had already long known, is now slowly seeping through to newspapers and news programs: we can stop blaming the bats from Wuhan. The coronavirus came from a lab in Wuhan, where, indeed, they were experimenting with coronaviruses. What is now emerging in the mainstream media is even worse than just the fact that the virus came from a lab. It is also becoming clear that (some of) those who promoted the measures always knew it came from a lab.

The recent analysis by the Committee for a Responsible Federal Budget regarding the 2025 Medicare Trustees’ Report highlights the looming challenges with Medicare and Social Security, but it only scratches the surface of the deeper fiscal issues our country faces. To understand the full financial reality, we must go beyond trust fund “solvency” and examine the actual commitments the federal government has made—and continues to make—without fully accounting for them. As the Congressional Budget Office has noted:

“In the public debate, ‘solvency’ means keeping the trust funds from exhausting their balances and ensuring the ability of the funds to finance promised benefits. Defined that way, however, trust fund solvency is not a meaningful measure of the government’s ability to meet its future obligations.”

In other words, solvency in this context is more of a political or legal benchmark than an actual measure of financial health.