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Friday, November 12, 2021
BIDEN WATCH: 11.13.21 - Is Joe Biden Just Incompetent, Or Is He Killing the U.S. Economy on Purpose?
Is Joe Biden Just Incompetent, Or Is He Killing the U.S. Economy on Purpose?- by Michael Snyder - http://endoftheamericandream.com/is-joe-biden-killing-the-u-s-economy-on-purpose/
Joe Biden keeps telling us that he wants a strong economy, but he keeps doing things that he knows will hurt the economy. How can we explain this? One possibility is thathe is simply extremely incompetent. Perhaps he really does want to improve the economy, but all of the economic decisions that he makes turn out badly because he lacks competence. Considering how much he has declined physically and mentally, and consideringthe lack of quality in the team that he has surrounded himself with, that is not a completely implausible theory. But others would suggest that nobody could do this much damage to the U.S. economy unless it was being done on purpose. Biden just keeps makingmore moves that have people scratching their heads, because it almost seems as if he doesn’t even care about the political consequences of his actions.
Let me give you a few examples.
On Monday, it was confirmed that the Biden administration is actively considering completely shutting down the Line 5 pipeline…
White House deputy press secretary Karine Jean-Pierre confirmed the administration is considering shutting down a Michigan oil pipeline, as President Biden finds himselfcaught between an environmental promise and looming gas price hikes.
The administration is exploring the possibility of terminating the Line 5 pipeline – which links Superior, Wisconsin, with Sarnia, Ontario – and gathering data to determineif shutting down the line will cause a surge in fuel pricing.
Needless to say, this wouldn’t make any economic sense at all.
We are in the midst of the worst global energy crisis since the 1970s, gas prices are rising rapidly, and the federal government is projecting that heating costs are goingto absolutely explode this winter.
So this is the perfect time to shut down one of our most important energy pipelines?
I don’t think so.
Ohio Representative Bob Latta and 12 other members of Congress are warning that such a move would have catastrophic consequences for our economy…
In a letter dated Thursday, 13 Congress members – led by Ohio Rep. Bob Latta – urged the president to keep the oil line in operation, saying: ‘Line 5 is essential to thelifeblood of the Midwest.’
‘Should this pipeline be shut down, tens of thousands of jobs would be lost across Ohio, Michigan, Wisconsin, and the region; billions of dollars in economic activity wouldbe in jeopardy; and the environment would be at greater risk due to additional trucks operating on roadways and railroads carrying hazardous materials,’ the legislators wrote.
No rational president would shut down that pipeline at such a time as this, but I think that Biden is going to do it anyway.
Meanwhile, the various mandates that the Biden administration has already issued are causing all sorts of chaos.
Countless numbers of highly qualified Americans have already been forced out of their jobs, and it is being reported that we could soon see “the termination of over halfof the border patrol agents”…
According to a document from a source within Customs and Border Protection (CBP), nearly half of border patrol agents have not registered their COVID-19 vaccination status,and ten percent of those who have registered have yet to receive a jab. In a worst-case scenario, the federal vaccine mandate may result in the termination of over half of the border patrol agents, amid an already devastating border crisis.
Needless to say, losing that many border agents would be absolutely devastating for the security of our borders.
But maybe that was Biden’s intention all along.
And now the biggest mandate of all is coming. The Fifth Circuit temporarily suspended enforcement of the OSHA mandate as litigation proceeds, and other courts will be issuingrulings in other suits as well. Ultimately, I expect that the Supreme Court will eventually be forced to rule on whether the OSHA mandate is legal or not, and at this point I have very, very little faith in the Supreme Court.
As all of this legal wrangling goes on, many companies are choosing to comply with the mandate anyway in anticipation that at some point the courts will rule in favor ofthe Biden administration.
The OSHA mandate would cover more than 80 million American workers, and right now approximately 25 million of those workers are not in compliance…
The White House says the rule will cover around 84 million workers, while the CDC reports that the current percentage of fully vaccinated U.S. adults is 69.8%. That couldmean that over 25 million Americans aren’t in current compliance, but the math is very fuzzy.
We are already in the midst of the most epic worker shortage in all of U.S. history.
Can you imagine what our economy would look like if millions more Americans were suddenly forced out of their jobs?
At this moment, companies all over the country are absolutely desperate to find anyone that is willing to work. When one analyst recently stopped to examine a help wantedsign at Home Depot, he was immediately “accosted” by a manager that was desperate to hire him…
Scott Mushkin, of R5 Capital, told the newspaper: “I was looking at a sign listing open positions at the store when I was basically accosted by a manager asking if I wasinterested in applying.”
Mushkin was struck by the manager’s desperation and expressed surprise at the number of open positions, The Times reported. “Basically every job in that store is open,” he said. “So who is doing those jobs now? Who is picking up the slack?”
So Biden actually wants to kick millions of Americans out of their jobs in this sort of an environment?
That would appear to be insane.
But it would actually make perfect sense if he actually wanted to kill the economy.
There are so many more examples that I could discuss. For instance, Biden knows that borrowing and spending trillions more dollars will cause even more inflation, but hekeeps pushing Congress to borrow and spend trillions more dollars anyway. In fact, Biden’s 1.75 trillion dollar “infrastructure bill” just cleared a major hurdle in Congress.
Inflation is already starting to spin wildly out of control, and more mountains of new money will inevitably make things even worse.
Plus, our national debt just keeps getting bigger and bigger and bigger, but very few of our leaders in Washington seem to give much thought to fiscal responsibility thesedays.
On almost every front, we are literally committing national suicide, and Joe Biden is leading the charge.
The optimists would have us believe that we can turn things around by voting out Biden in 2024.
But meanwhile Biden has more than three years left to keep wrecking our country.
And if for some reason he is not able to serve out his term, we would get Kamala Harris instead and that would be even worse.
We are in the midst of a long national nightmare, and it will not be ending any time soon.
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Are We Facing a New Energy Crisis? – Todd Strandberg - https://www.raptureready.com/category/nearing-midnight/
Last week, President Biden went to England to recommit America to the Paris Climate Accords agreement. This treaty has goals that cannot be achieved, particularly in thearea of energy.
The International Energy Agency is operating under the guidance of the Paris Agreement emission targets. According to the IEA, natural gas demand must peak between 2025and 2030 and start declining from 2030 onwards if the world is to achieve net-zero emission status by 2050.
The Biden administration pledged that the U.S. will cut its carbon emissions by 50% by 2030. It then announced that it seeks to ensure that half of all new passenger vehiclessold in the United States by 2030 are powered by electricity.
It would take a huge miracle to reach these goals. We simply do not have the basic materials to create this green new world. The supply of copper, cobalt, platinum, andvarious other vital metals is running out. The head of one of Tesla’s divisions is only hoping for 10 million electric cars by 2030. The Biden administration produced a goal that one would expect from a Soviet central planning board.
It is easy to set targets, but the difficult part is to reach them. All-new rules for energy usage can have dire consequences that either come out of nowhere or result frombad planning. These energy problems are not like a bad haircut that you just let grow out to fix it. We could be facing an energy crisis that requires a decade to fix.
Coal is the dirtiest of all fuels because it creates the most amount of carbon dioxide. The switching of many power plants to natural gas drove down the price of coal andput many coal mines out of business. Now that the pandemic, hurricanes, and other factors are driving the price of natural gas to the moon, there is a huge demand for coal again.
In just this year, U.S. power generation derived from coal increased from 15% to 25%. Power plants are expected to burn 19% more coal this year.
The latest Bloomberg data shows U.S. coal supplies are at two-decade lows ahead of the winter. If we have a very cold winter, we could see things that made the Texas powerproblems in February look like a minor event.
Peabody Energy Corp., the top American supplier, has contracts for more than 90% of its coal from the Powder River Basin region next year and all of the power-plant fuelfrom its other U.S. mines. And Arch Resources Inc., the No. 2 producer, has lined up deals with utilities for all of its 2022 output from the basin at an average price that’s 20% higher than current spot prices.
“It’s pretty much sold out,” Peabody Chief Executive Officer Jim Grech said Thursday during a conference call. “We only have a small portion left to be sold for 2022 and2023.”
China is so short on coal it has had to shut down factories to save power. The power crisis in the world’s top consumer of coal comes as strong demand from manufacturers,industry, and households has pushed prices to record highs and triggered widespread curbs.
China partly got itself in trouble by boycotting Australian coal over some political dispute. An estimated one million tonnes of Australian coal have stayed in bonded warehousesalong China’s coast for months, uncleared by customs after Beijing’s ban last October.
Beijing has suddenly decided it loves Australian coal and has released the coal from bonded storage. China has had bad luck with boycotts. It told the Trump Administrationthat it would not buy any soybeans from America. When the Chinese crop was wiped by floods and South America had no spare soybeans because of drought, the Chinese made record purchases of American soybeans.
Rebounding U.S. oil demand, a slow recovery of domestic production, and extreme weather-related events have drawn many barrels this year out of the key U.S. crude hub atCushing, Oklahoma. Crude oil stocks at Cushing—the delivery hub for the WTI Crude futures contract—have more than halved since April 2020, when the market was fretting about high inventories as the pandemic forced governments to announce widespread lockdowns.Even with oil at $80 per barrel, Cushing is at a historic low end of its capacity.
Our energy infrastructure is failing with greater frequency because of mismanagement. Politicians are so fixated on green energy that they are leaving people to face poweroutages, soaring heating bills, and gas stations that are out of fuel.
In so many areas, we have less margin to handle a mishap. If we have an extremely cold winter, there could be places that could run out of a vital form of energy. I thinkdemonic forces are largely to blame for why leaders are making so many bonehead plans. The devil knows that chaos is what allows him to gain greater control of this world.
“For our struggle is not against flesh and blood, but against the rulers, against the authorities, against the powers of this dark world, and against the spiritual forcesof evil in the heavenly realms” (Ephesians 6:12).
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In the name of public special interest - Bill Wilson � www.dailyjot.com
The new talking point shared by the woke leftist crowd is public interest. There�s a whole lot of public interest comments being made. It is in the public interest, forexample, that the Biden Administration is backdooring a mandate through OSHA to force all Americans take a COVID shot. It�s in the public interest that the Biden Administration stop pipelines across the country to prevent phantom climate change while puttingthe burden of higher fuel prices on every American. It is in the public interest of Biden�s government to let corporations skirt Buy American laws, costing US jobs. Some public interest when the action only harms the public both financially and by violatingConstitutional rights.
At the apex of these public interest dogmas, is the Build Back Better legislation proffered by the Biden Administration as the linchpin to American prosperity. Televisioncommercials, paid for by us taxpayers, didn�t even meet the straight face test saying that the trillions-plus law will not cost anything�that unless you made more than $450,000, you were in the clear. What a propaganda bonanza! Everything in that bill willcost all of us. In escalating energy prices alone, gasoline, heating fuel, transportation costs, will gouge your bankroll. But the worst of it will come from the taxes on corporations and the so-called �rich.� Those tax hikes will be passed on to consumersin droves for businesses to maintain profitability.
It�s in the public interest that some $550 billion be spent on climate change projects. Sure, the Democrats sugar-coat this in their media campaign to let everyone knowthey want to promote �clean energy� in the transportation, manufacturing, and electric power industries. This includes �investments� (meaning your tax money going to Democratic Party supporters) in transmission (to connect more communities to clean power acrosslong distances) and battery storage (when there is no sun or wind). There�s also over $100 billion to make communities more resilient to climate disasters and reduce pollution in homes. I guess it�s in the public interest to have a federal inspector show upand demand you rewire your house and replace all the windows�out of your own pocket. The $100 billion is just for hiring the inspectors. Isn�t that how it works?
There�s also about $400 billion for early childhood education and child care. With the recent examples in Loudoun County, Va that means more LGBTQ grooming (gender identityas a protected class) of young impressionable kids and more Critical Race Theory being taught (but denied). Sadly, Republicans had the votes to stop this Marxist attack on your values and money. Some 13 House and 19 Senate Republicans sided with the Democratsagainst you. The further away from God this country races, the deeper its problems. Ecclesiastes 3:13 says that �Every man should eat and drink, and enjoy the good of all his labor. It is the gift of God.� Pretty hard to do when the government sees specialinterests as the public interest. Give Caesar his due, right? But Caesar was a dictator. In this country we have responsibility of choice. Time to exercise it.
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The remade American democracy - Bill Wilson � www.dailyjot.com
It�s no small secret now that last week�s elections were a humungous rejection of the �woke� left-wing socialist agenda of Joe Biden and his Democratic Party. People balkedat economic policies that have brought Americans the highest gas and food prices in over a decade. They rejected that the government, not parents, should have control of their children�s education. Against the backdrop of the highest violent crime and murderrates in ages, people put their foot down against defunding and abolishing the police. And citizens signaled at the polls that they were not warm to the idea of losing their jobs and the economic ramifications of forcing COVID shots on them and their children.So what�s Biden�s answer?
Joe Biden actually said this: �What I do know is, though, is people want us to get things done. They want us to get things done and that�s why I�m continuing to push veryhard for the Democratic Party to move along and pass my infrastructure bill and my Build Back Better bill. Think about what we�re talking about here. People are upset and uncertain about a lot of things: from COVID to school to jobs to a whole range of thingsand�the cost of a gallon of gasoline�and so, if I�m able to pass and sign into law my Build Back Better initiative, I�m in a position where you�re going to see a lot of those things ameliorated quickly and swiftly.� So Let�s get this straight: The voters outrightrejected his leftist agenda and Joe�s answer is that people just want to see all these crazy socialist boondoggles passed into law.
Now I get it�that�s why they are upset at the polls. Uh-huh. As Washington Times columnist Robert Knight observed: �Looking at the damage, some Democrats opined that Americanvoters were disillusioned because Congress had not governed even more radically. In light of the Virginia results, a tone-deaf Nancy Pelosi vowed to stuff even more leftist social items into spending bills. Americans want the insanity to stop, but Democratsare not listening�There is no single issue that awakened the voters, just a mind-boggling string of Democrat-spun catastrophes: roaring inflation, especially in food prices and at the gas pump; the open border disaster; Afghanistan; unconstitutional COVID-19vaccine and mask mandates on private businesses; the LGBTQ agenda gone wild, and the sense that we�re on a runaway train toward a socialist cliff.�
Knight continued: �Also, parents got a good look during the pandemic at how Democrat-run schools are sexually corrupting their children and obsessing on race.� The recentelections rejected everything the Democrats are promoting, but they don�t care. You gonna get it anyway because they know better than you. Proverbs 28:15 says, �As a roaring lion, and a ranging bear; so is a wicked ruler over the poor people.� In other words,until morale improves the beatings will continue. The real agenda is to trample everybody�s rights while convincing them they are getting justice. Meantime, these corrupt politicians continue to pad their pockets and keep their power. It�s the remade AmericanDemocracy. Say it with me�Stupidocrisy.
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