Tag Archives: Economy

Economy, Media, Politics, Whiners

Aside Order

Govt Partners With Cartels

Excessive government interference in the free market won’t put the Mexican cartels out of business. On the contrary. It empowers them. In the same way that government open border policies do.

Link: Why weed companies can’t make any money

What Tyranny Looks Like

High-ranking officials in the Biden administration worked hand in hand with influential social media companies to censor content that was deemed “misinformation,” according to emails revealed this week. The government identified “examples of problematic content,” and social media platforms such as Facebook and Twitter would remove the posts, said the emails obtained in a lawsuit by Republican attorneys general Erich Schmitt of Missouri and Jeff Landry of Louisiana.

White House press secretary Karine Jean-Pierre clammed up when asked about the Biden administration’s alleged collusion with big tech.

“So, I–I–I don’t have anything to share with you on that. I’m not going to comment on that right at this time,” the White House press secretary said during the briefing.

Link: White House press secretary can’t answer if Biden administration colluded with big tech to censor Americans on social media

Woke Or Consequences

 “As Bed Bath & Beyond continues to face tanking stock prices and company-wide restructuring, one of the company’s executives jumped to his death on Friday, according to a news report.”

Was this decline before or after the company went woke and announced it was no longer selling anything from the My Pillow company? Causation or Correlation?

Link: Bed Bath & Beyond CFO Leaps to Death from NYC Skyscraper, Just Days After Company Releases Horrible News: Report

 

China, Economy, Politics

America last deal

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Democrats are on a suicide mission for this country. It’s called the Green New Deal.  Joe Biden said his economic legislation, “the first piece, the 1.9, fundamentally change the structure and nature of the economy in this country.”  He didn’t run on that and Americans didn’t vote for that. To say he is in China’s back pocket would be an understatement. Details begin at 11 minutes in the video.
 
 
First in the plan is to end the use of fossil fuels, which happens to be the lifeblood of the world’s economy and our own.
 
Then make all transportation run on batteries. Car manufacturing as we know it ends.
 
What country in the world has 80% of the resources to make batteries? China. And China just added, thanks to Joe Biden, the lithium mines in Afghanistan to their battery elements inventory. Think of it as a going away present from Joe and Hunter.
 
The United States doesn’t have enough of the resources to be self-sufficient in battery power. But we do in fossil fuels, with an economy built on it.
 
How does it feel to be beholden to China? China plays the long game. Now you know why Xi Jinping is always smiling. He would have the United States by its throat. 
 
Economy, Energy, Media, Politics

No Infrastructure For You

Ever since President Carter’s creation of the Department of Energy in 1977, the purpose of which was to become energy independent.  It was a total failure. Not until 2019 in the Trump Administration did the country reach energy independence, where production exceeds consumption, for the first time in 62 years.

That was a time when the economy experienced an economic slowdown, gas prices were rising, gas stations were running out of gas, and the ones that had gas had lines going down the street. The Unites States was at the mercy of foreign countries for oil because we didn’t have enough supply of our own.  People referred to the economy back than as the Carter Malaise.  News organizations were polling and reporting what they called the “Misery Index” on a daily basis.

That President Trump could do this in only 3 years says a lot about the Washington insiders and bureaucrats that, by their actions, or in this case, in-action, could not do. The same politicians who go bonkers come election time, always wanting to spend (they call invest) billions and trillions of dollars in RBI, Roads, Bridges, and Infrastructure. (Joe Biden was in charge of doing just that under President Obama. Remember the “shovel ready” joke?) Should be obvious by now that they didn’t mean a word they said.

The irony in President Biden putting the kibosh on the most important infrastructure project in our time, that truly made us energy independent, somehow (not really) escapes notice in the media.

 

 

 

 

 

 

China, Economy, Egypt, Energy, Politics

Biden hearts china

On his first day, President Biden put our nation at  unacceptable risk when he dealt a blow to the energy industry. The consequence of which means we will once again be dependent on petroleum from foreign and hostile countries. But in this case, it’s a Two-for. It also gives Canada a poke in the eye to their economy too. Brilliant geopolitical move by President Biden.

“Alberta Premier Jason Kenney said in a different statement that he urged Trudeau to tell Biden that “rescinding the Keystone XL border crossing permit would damage the Canada-US bilateral relationship.”

To refresh your memory, Under President Jimmy Carter, The ‘Department of Energy’ was instituted on August 4, 1977. Its purpose was to lessen U.S. dependence on foreign oil. During Carter’s malaise there were long lines for gas at the gas stations. Prices were high.

Today, and for a few years, China owns and or operates both sides of the Suez Canal and the Panama Canal.  Given the cozy relationship the Biden family has with Communist China, I’m sure Joe doesn’t see how that could be a problem.

So what difference at this point does it make? It doesn’t take a genius to see the consequences of such a move, given the ever increasing presence and pressure from China wanting to rule the world.

The United States is the largest user of the canal; the second-largest is China. Approximately 60 percent of all the cargo that passes through the Panama Canal either originates in or is destined for the United States.

Losing thousands of good paying and mostly union jobs, and an industry, while making us vulnerable to Communist China, is not looking out for America and our interests. 

So whenever China wanted, they can choke the U.S. right out of product, including fuel. The alternate route is around South America. But Hunter is doing OK, and the environmentalist wackos are celebrating. Biden family first, America Last.

Links: With a pen stroke, President Joe Biden cancels Keystone XL pipeline project   |  Commentary: Expansion of the Panama Canal benefits global trade  |  Canada pleads case for controversial Keystone oil pipeline with Biden administration

Uncategorized

33.1% gdp, Pelosi claims credit

Nancy Pelosi, guest on a Bloomberg TV show, about the huge 33% GDP 3rd Quarter numbers.

“Does that make you think that we may not need another stimulus as much as we thought we did?”
 
PELOSI: No. In fact, it is proof that we need the stimulus even more so. The reason we had a good — a better third quarter is because what we did in the CARES Act and the subsequent legislation for PPP that put money into the economy. That’s gonna wear off, and we need another infusion.”
 
With no shame, Pelosi claims credit for the 33% increase in GDP 3Q. She also claimed that it required their wish list of COVID relief that has nothing to do with COVID.
 
Makes you wonder how much better the numbers would have been if New York, California, New Jersey, Hawaii, and a few other Blue states had participated? 
 
During the relatively flat 2% +or- GDP years of the Obama/Biden administration, we suffered two stimulus packages that did more for labor unions than the economy. No effect to GDP.
 
Truth is, Democrats are never satisfied, and can never be satisfied, when it comes to growing the size of government and government spending. That’s why they call it investing. Sounds better to the dumb masses.
 

Link: Pelosi says CARES Act, not Trump, deserves credit for positive economic figures on GDP growth

Uncategorized

Bank out of change

Have you tried buying change at the bank lately?  They’re rationing whatever they have because they can’t get any from the Federal Reserve Bank in Mobile.  This probably doesn’t mean much if you don’t own a business, or you have a business that doesn’t deal in cash.

Quarters, for example, come in a box of 50 rolls. Knowing about this shortage, I tried to buy ten rolls instead of the usual box. She gave me two rolls. Try making change when there isn’t any. 

Below is a letter addressed to our State representatives and President Trump.

First of all, thank you for your service and representation. I am appealing to you for a solution to a problem I thought, as a small business owner, I would never have to deal with. I’m asking you because this is a Federal issue. 

I don’t know if is a national problem or just in NW Florida, but I can not get enough coin change from our Regions Bank in Pensacola. They tell me that the Federal Reserve Bank in Mobile, where they get their change from, is closed. Something to do with COVID-19. I don’t know if that’s the case, but that’s what I’m told.

I understand that, by law, a bank can not be closed for more than three days. So I was not concerned about not getting change for our business. But this has gone on for two weeks with no end in sight.

This is a problem. A big problem. And not a peep about it in the news, so I’m proud to be the one to tell you that the problem exists. Please find a way to solve this problem.

Looking forward to hearing from you soon. Thank you in advance for your cooperation.

2018 Election, Economy, Education, Immigration, Obamacare, Politics

Dems Playing With A Losing Hand

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So what are Democrats running on this election season? It isn’t “For the People.” Remember that? It’s Medicare For All. In other words, full blown socialized medicine at the expense of the economy, senior citizens, and everyone else.

That they chose a proven loser of an issue to run on, aside from Trump is the Devil, shows that their party is lost to the lunatic Left. Deaf and blind to the economy, employment, unemployment, your kids’ education, your safety, and our nation’s sovereignty.

The consequences of (God forbid) a Democrat majority in DC, will not only halt, but reverse the progress made since the Obama administration expired.  And, will turn the country into something resembling Venezuela. 

Curious how Democrats can, with a straight face, campaign on killing the economy and, fundamentally change America. “But everybody, including illegal aliens, will have ‘free’ health care. It’s a human right,” don’t you know?

It’s also curious how the same party, dishonest as it is, has not tried to claim credit for any of the progress in the short time President Trump has been in office. That trial balloon was when Obama took credit for the Trump economy. Then burst.

In the spirit of Halloween, Seema Verma, Administrator for the Centers for Medicare & Medicaid Services (CMS) tweeted this. “This year’s scariest Halloween costume goes to…”

No excuse for sitting this one out. Too much is at stake. It’s all at stake. Two words, Vote Republican. The Democrats are playing with a losing hand.

Economy, Immigration, Politics, Race Relations

aSide Order

One of the Wizards of Smart

 

Democratic Party depends on a Dependent Class

And it all began with President Lyndon Johnson over the Civil Rights Act of 1964. His focus then was to try to stop the mass exodus of Black Americans moving to the Republican Party.

Showing a little R E S P E C T

The British Army’s Household Division play Aretha Franklin’s ‘Respect’ at Buckingham Palace on the day of the Queen of Soul’s funeral.

 

Economy, Politics

More Jobs Than People Looking

Since the Trump Administration began, 15 months ago, the economy is growing, companies are expanding, some moving back from abroad. On the labor side, unemployment has been dropping for the last fifteen  months. Now at 3.8 percent.  It’s all good. And, all the result of unleashing the economic engine that had been ignored for too long.

Remember what the unemployment rate was after Obama’s “stimulus” spending? There were two of them. It’s only relevant to mention Obama to understand the impact that government regulations, including taxes, have on the economy. Obama did it the classic, well post Kennedy, Democratic way of using the tax code and other regulations (including minimum wages) to “manage” the private sector. You lived the results.

Trump did it the free market capitalistic way. Minimizing taxes and regulations. And literally turning the economy loose.

What happened is that, as of the end of April, there are 6.7 million job openings according to the Bureau of Labor Statistics. And over the 12 months ending in April, hires totaled 66.1 million and
separations totaled 63.7 million, yielding a net employment gain of 2.4 million. And, as of April, the total workers looking and eligible for jobs fell to 6.35 million, a decrease from 6.58 million the previous month. There are 350,000 more jobs than people looking for them.

A free market economy is self-regulating when given the chance. And when given a chance, it will decide the right wage for a given job. Not the government.

With more jobs than people looking to fill them, you will see “Help Wanted” signs on store fronts. You’ll see “Now Hiring” on the back of tractor trailers on the Interstates. And you will also see employers competing for employees by paying higher wages. Economic supply and demand at work. Not a raving Marxist calling for a mandatory living wage.

2018 Election, Economy, Politics

Veto It

I hope the President vetoes that crazy Omnibus spending spree.

The Republican leadership in Congress has just made history. They’ve spent more borrowed money in one year, and grew the government more, than President Obama. Adding to the generational theft he built. These are the same republicans that campaigned on smaller government.

The establishment is so against their apple cart being overturned that they are proposing a budget that, aside from the 10% increase in military spending, represents nothing of what Trump wants. Certainly nothing that the people who voted for Trump want.

How does this make any sense? Forget the excuse that “you need 60 votes.” Seems to me Democrats got everything they wanted. And there’s only 49 of them. They stay united. Their republican counterparts don’t.

Seems to me this bill is designed to separate Trump from his supporters. And it would start at the mid-terms. Losing Republican seats will speed up the ‘impeach Trump’ movement among Democrats. Game over.

Domestically, this bill is probably the biggest test for Trump  so far. This is a battle in the war between the Establishment and Trump. It’s not D’s v R’s. And Trump needs to veto it. To save America’s future, as well as his own political future. Call out the R’s who voted for it, and suggest voters choose a republican who will help him advance the agenda he campaigned, and campaigns, on. His supporters will stick with him if he does.