Biden's America Last Program
- Thread starter GURPS
- Start date
Stimulus checks to 'fight inflation,' coming soon to America?
During COVID Mania, our power drunk ruling class went on an unprecedented spending spree, printing untold trillions of dollars, manifesting our current reality that is skyrocketing inflation.
In the process, they set a small percentage aside in the form of multiple rounds of “stimulus checks,” largely to win over a distraught population and keep them distracted from the economic destruction they brought upon the American taxpayer.
Now, with 80% of all dollars in existence “printed” over the last two years, the average American is struggling to keep up with the inflation caused by the people in charge of our monetary system. So it might be time for another monetary diversion.
The New York Post reports:
“House Reps. Mike Thompson of California, John Larson of Connecticut and Lauren Underwood of Illinois are co-sponsoring a bill that would authorize $100 monthly energy rebates for any month this year in which the national average gas price exceeded $4 per gallon.”
Paul Krugman approves this message.
The most recent example may have come too late for Lynas to include. On Tuesday, Elected Officials to Protect America (EOPA) held a virtual press conference calling on President Joe Biden to invoke the Defense Production Act (DPA) "to accelerate a clean energy transition for energy security" and, incidentally, "to help Ukraine." The Ukraine mention, one suspects, was thrown in because the DPA lets the federal government centrally direct the economy for national defense purposes. Then-President Donald Trump stretched "national defense" in 2020 to cover COVID-19, but the EOPA seem to recognize that climate change may be a step too far on its own, hence "Ukraine."
"The DPA authorizes the president to require businesses to accept and prioritize contracts for materials deemed necessary for national defense, and allows the president to designate materials to be prohibited from price gouging and hoarding," EOPA helpfully adds on its website.
EOPA, which claims to represent 1,313 elected officials in all 50 states, also wants the president "to go further than activating the DPA," according to a press release. "It supports a clean energy plan and asks for a Presidential Climate Emergency Declaration under the National Emergencies Act. A declaration will communicate the urgency of the climate crisis and unlock specific statutory powers." If a law granting semi-dictatorial powers during wartime isn't enough and you call for a state of emergency to "unlock specific statutory powers," you just might rank among those who have lost all patience with dissent and democracy and believe something more thuggish is required.
reason.com
"The DPA authorizes the president to require businesses to accept and prioritize contracts for materials deemed necessary for national defense, and allows the president to designate materials to be prohibited from price gouging and hoarding," EOPA helpfully adds on its website.
EOPA, which claims to represent 1,313 elected officials in all 50 states, also wants the president "to go further than activating the DPA," according to a press release. "It supports a clean energy plan and asks for a Presidential Climate Emergency Declaration under the National Emergencies Act. A declaration will communicate the urgency of the climate crisis and unlock specific statutory powers." If a law granting semi-dictatorial powers during wartime isn't enough and you call for a state of emergency to "unlock specific statutory powers," you just might rank among those who have lost all patience with dissent and democracy and believe something more thuggish is required.
Your Favorite Crisis Doesn’t Justify a Dictatorship
When the deliberately inefficient give-and-take of liberal democracy doesn't let you shoehorn neighbors into your preferred policy solutions, there are
reason.com
Black Democrats Already Blaming Midterm Losses on 'Voter Suppression'
I predicted it earlier, and it’s already happening. Democrats are concocting excuses for upcoming midterm losses, which are likely to be devastating to the leftist agenda. Black Democratic lawmakers are claiming that when they lose – which they will – it will be because Republicans passed legislation that will supposedly make it impossible for black people to vote. Indeed, they are already challenging the outcome of the upcoming elections.
Rep. G.K. Butterfield (D-NC) declared that “[v]oters will be suppressed this election, no question,” according to the Washington Times. “States are passing discriminatory laws that will definitely result in not just the suppression of the African American vote, but also voters who tend to vote with the Democratic parties.”
Rep. Marilyn Strickland (D-WA), who, along with Butterfield, is a member of the Congressional Black Caucus, called for federal legislation to ease voting laws. “There is clearly an effort to suppress the vote and make it harder for people to vote,” she insisted. “We definitely need some legislation at the federal level to address this.”
Rep. Hank Johnson (D-GA) claimed Republicans are attempting to skew elections in their favor by imposing voter suppression laws that would somehow prevent black Americans from casting their votes.
What The White House Wants You To Read
Over the past month, the White House’s press shop has repeatedly promoted stories from The New York Times’ fact-checker, LINDA QIU.
Biden cited a Qiu piece himself earlier this month when he addressed House Democrats in Philadelphia. “Headline fact checker in the New York Times: “Republicans Wrongly Blame Biden for Rising Gas Prices,” he said, reading the headline of the piece. “And it goes on to explain why gas prices are so high.”
Many members of the president’s press team have also become Qiu content boosters in recent weeks.
On March 10, deputy press secretary ANDREW BATES tweeted out the same Qiu fact check on why “Republicans Wrongly Blame Biden for Rising Gas Prices,” adding a touch of his own commentary. “The only way to be straight with readers is to include this context,” Bates noted.
Press secretary JEN PSAKI shared the same piece, noting “FACT CHECK on GOP.”
On Monday, Bates shared another story by Qiu. “@nytimes Fact Check: ‘Attacks on Judge Jackson’s Record on Child Sexual Abuse Cases Are Misleading’ Hawley and Blackburn ‘have taken the judge’s remarks and sentencing decisions out of context, distorting her record,’” he tweeted.
TPD
the poor dad
I have been in Dollar General the last 3 days looking for bread but there has been none. I blamed it on management but after watching Tim’s video above, maybe there‘s a shortage of bread. I haven’t been to the big city yet to shop this week so is bread available everywhere else?
Washington State Plans To Outlaw Most New Gas Cars
SB 5974 — a piece of legislation recently signed by Governor Jay Inslee (D-WA) — establishes a target that “all publicly owned and privately owned passenger and light duty vehicles of model year 2030 or later that are sold, purchased, or registered in Washington state be electric vehicles.” An “interagency electric vehicle coordinating council” created by the new law is directed to “complete a scoping plan for achieving the 2030 target.”
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The legislation — dubbed “Clean Cars 2030” — was enacted as part of a $17 billion climate agenda called “Move Ahead Washington.” Other facets of the package include $5.4 billion for “carbon reduction and multimodal expansion,” $2.4 billion for “fish passage barrier removals,” $836 million for “four new hybrid-electric ferries,” and $150 million for “ultra-high-speed rail.”
“We’re investing in projects from rural to urban areas across our state, letting kids ride free on our buses, ferries and trains, and so much more — and all without punting the cost to working families,” State Sen. Marko Liias (D) explained. “I’m eager for residents across the state to have more efficient and safer commutes — no matter how they’re traveling.”
The electric vehicle legislation was signed into law as gas prices have recently reached historic levels. According to AAA, the average national price of regular gasoline has reached $4.225 per gallon, while the price of diesel has reached $5.117 as of this reporting.
Indeed, other governors are passing new legislation in response to the soaring costs. Governor Gavin Newsom (D-CA), for instance, wants to send $400 to California residents for each registered vehicle, capped at two vehicles. The governor tied the rise in gas prices to Russian President Vladimir Putin’s invasion of Ukraine — despite price increases that have occurred since President Joe Biden entered office in 2021.
The Biden Recession Is Coming
On Feb. 4, 2021, writing in the Washington Post, Summers wrote of President Joe Biden's proposed economic stimulus plan: "(W)hile there are enormous uncertainties, there is a chance that macroeconomic stimulus on a scale closer to World War II levels than normal recession levels will set off inflationary pressures of a kind we have not seen in a generation, with consequences for the value of the dollar and financial stability. This will be manageable if monetary and fiscal policy can be rapidly adjusted to address the problem. But given the commitments the Fed has made, administration officials' dismissal of even the possibility of inflation, and the difficulties in mobilizing congressional support for tax increases or spending cuts, there is the risk of inflation expectations rising sharply."
Summers noted that unemployment was already falling, unlike in 2009 when then-President Barack Obama put forward a big stimulus bill. Additionally, the Biden plan poured much more money into the economy at one time. As Summers pointed out, under the Biden plan, "if the breadwinner were laid off, the family's income over the next six months would likely exceed $30,000 as a result of regular unemployment insurance, the $400-a-week special unemployment insurance benefit and tax credits." In other words, an unemployed person would take home more money than an employed person with a pretax income of $1,000 a week. That was economically destabilizing.
The Biden team rejected Summers' warnings. Summers, though liberal, is not a radical progressive and has long rejected the progressives' new economic proposal called Modern Monetary Theory as magical thinking. The theory argues that while inflation is real, big economies can keep printing money without worrying about inflation. It is untried and untested, and we have lessons on inflation going back to instances of Roman emperors making too many coins and thereby causing inflation. When a country makes too much currency, it causes prices to rise.
Ditching fossil fuels makes even more sense now
I have been working with my colleagues in Congress to address the immediate short-term impact on the economy from Russia's invasion and to implement longer-term strategies to end our dependence on fossil fuels. In addition to the Green New Deal, I have introduced specific legislation, the SAVE Consumers Act, which would allow the administration to advance the release of 265 million barrels of oil into the US market by the end of 2023. Already, Congress has approved the release of oil by the end of 2031. My legislation speeds up this timeline to ease the price spikes families are facing at the pump today, while giving us time to take significant steps to transition to cleaner energy sources.
The SAVE Act would also get us closer to meeting the administration's goal of net-zero emissions energy production by 2050.
Further, we must also help low-income families as they struggle to pay high energy bills to heat and cool their homes during the transition to a clean energy economy. To that end, I have introduced the Heating and Cooling Relief Act to help families pay their energy bills, as well as establish a grant program to ensure low-income households do not get left behind by helping them move away from fossil fuels through home retrofits, decarbonization and renewable energy.
Hijinx
Well-Known Member
Biden has created a problem that did not exist before Biden.
A shortage of fossil fuel? Bull. We have plenty of fossil fuel. Just let the oil companies go after it.
They speak of a new world order. Perhaps it is this new world order that is pushing this change to electric everything.
Americans don't like to be pushed, but that is what is happening. We are being pushed to use electric power but that power does not exist in the amount needed to transform us into a total electric society.
We are being forced to transform our country into electric at the same time we are shutting down Fossil fueled power plants and being told to makes use of windmills and solar panels that cannot take the strain.
I don't know who is pushing this but whoever it is , is pushing us over a cliff.
Many Americans are living from paycheck to paycheck, we aren't all rich. How am I suppose to buy an electric vehicle when I am currently driving a beater and trying to nurse it along. How do I afford to turn my home into an all electric home when I have window shakers in my windows for air conditioning and it would cost me $6,000 dollars to install central air and a heat pump?
We have brown outs in some places now. How in the name of Kryst do they expect the power companies to supply all of this extra power? Somebody is crazy as hell.
A shortage of fossil fuel? Bull. We have plenty of fossil fuel. Just let the oil companies go after it.
They speak of a new world order. Perhaps it is this new world order that is pushing this change to electric everything.
Americans don't like to be pushed, but that is what is happening. We are being pushed to use electric power but that power does not exist in the amount needed to transform us into a total electric society.
We are being forced to transform our country into electric at the same time we are shutting down Fossil fueled power plants and being told to makes use of windmills and solar panels that cannot take the strain.
I don't know who is pushing this but whoever it is , is pushing us over a cliff.
Many Americans are living from paycheck to paycheck, we aren't all rich. How am I suppose to buy an electric vehicle when I am currently driving a beater and trying to nurse it along. How do I afford to turn my home into an all electric home when I have window shakers in my windows for air conditioning and it would cost me $6,000 dollars to install central air and a heat pump?
We have brown outs in some places now. How in the name of Kryst do they expect the power companies to supply all of this extra power? Somebody is crazy as hell.
LightRoasted
If I may ...
If I may ...
Could this 1981 movie, The Last Chase, be the best case of prescience ever made? Or, were they telling us of their future plans for us?
"In the year 2011, the United States is a police state. A substantial percentage of the population was wiped out by a devastating viral pandemic 20 years earlier. Amidst the resulting chaos and general panic, democracy collapsed and a totalitarian cabal seized power. After moving the seat of government to Boston, the new dictatorship outlawed ownership and use of all automobiles, boats and aircraft, on the pretext that an even bigger crisis, the exhaustion of fossil fuel supplies, was imminent. The loss of other personal freedoms followed, and surveillance cameras now monitor private citizens' every move."
Could this 1981 movie, The Last Chase, be the best case of prescience ever made? Or, were they telling us of their future plans for us?
"In the year 2011, the United States is a police state. A substantial percentage of the population was wiped out by a devastating viral pandemic 20 years earlier. Amidst the resulting chaos and general panic, democracy collapsed and a totalitarian cabal seized power. After moving the seat of government to Boston, the new dictatorship outlawed ownership and use of all automobiles, boats and aircraft, on the pretext that an even bigger crisis, the exhaustion of fossil fuel supplies, was imminent. The loss of other personal freedoms followed, and surveillance cameras now monitor private citizens' every move."
Sneakers
Just sneakin' around....
a/c bad. Not green. Live without it.
LightRoasted
If I may ...
If I may ...
Unfortunately, the way houses are being built today and the materials used, without A/C, the ability to control humidity, a house would soon fill with mold. Gone are the days of having large windows to allow fresh air to move freely throughout a house. Back in the day, central A/C units didn't come with a new house. You got a heater for the winter, in the summer you opened the windows.
LightRoasted
If I may ...
If I may ...
A gorgeous young woman works at the grocery store. Her job is to climb the ladder to get raisin bread down from the top shelf. Because she is so attractive, a lot of men who come to the grocery store ask her to get down the raisin bread just so they can see up her skirt when she climbs the ladder, but the woman thinks it's just because raisin bread is really popular.
One day, after the woman had given raisin bread to dozens of men, an old man came walking through the bread aisle. "Excuse me, sir," she said. "Is yours raisin too?"
"No," replied the old man, "but it's twitchin' a little!"
A gorgeous young woman works at the grocery store. Her job is to climb the ladder to get raisin bread down from the top shelf. Because she is so attractive, a lot of men who come to the grocery store ask her to get down the raisin bread just so they can see up her skirt when she climbs the ladder, but the woman thinks it's just because raisin bread is really popular.
One day, after the woman had given raisin bread to dozens of men, an old man came walking through the bread aisle. "Excuse me, sir," she said. "Is yours raisin too?"
"No," replied the old man, "but it's twitchin' a little!"
Biden Is Clueless About Inflation
The president wants to spend $5.8 trillion, which would include jacking spending on defense, education, and police. He talks about levying a controversial—and probably unconstitutional—wealth tax on billionaires to help pay for it all but still expects a budget deficit of $1.2 trillion (see Table S1 in Summary Tables)! If you're going to tax unrealized capital gains, President Biden, at least spend it on something pretty!
It's debt-financed spending that helps spur inflation in the first place. Rather than cutting spending and reforming entitlements, the government borrows and prints money so it can keep giving more goodies to its favored citizens. You get more dollars chasing the same amount of goods, and that leads to price hikes.
Meanwhile, at least a dozen states—including such far-flung places as California, Georgia, Hawaii, and Maine—are thinking about giving residents money to spend on things like gas, the price of which has gone through the roof. "Direct relief will address the issue that we all are struggling to address," says California Gov. Gavin Newsom. "That's the issue of gas prices, not only here in our state, but of course, all across this country."
Is he serious? Doling out tax dollars to alleviate the pain of inflation is like drinking a beer in the morning to ease your hangover. It's only setting up the next binge.