Joe Biden’s Economic Dunkirk
Posted By: RockyTCB, 4/18/2024 12:26:19 AM
Just after Ronald Reagan won the presidential election in November 1980, economic adviser David Stockman wrote a memo warning the president-elect that he faced an “economic Dunkirk” thanks to the disastrous economy he was inheriting. Among Stockman’s warnings was that the Carter administration had set a “ticking regulatory time bomb” that would blow up the economy. “They have spent the past four years ‘tooling up’ for implementation through a mind-boggling outpouring of rulemakings, interpretative guidelines, and major litigation – all heavily biased toward maximization of regulatory scope and burden,” Stockman wrote.
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Could EVs Compete In A True Free Market?
10 replies
It seems we’ve reached “peak EV,” with sales in trouble and assembly line workers losing their jobs. The hard truth is electric vehicle sales would have never reached the level they have if the government had not trespassed into private matters.
The EV troubles are all around. Sales are slowing. Unsold cars have piled up in lots. Surveys plainly indicate that fewer Americans want them. In response to dramatically slowing sales, Ford announced last fall that it was delaying $12 billion in EV investments. Which should surprise no one, considering that the company lost nearly $73,000 on each EV it sold in the second quarter of 2023.
Joe Biden’s Economic Dunkirk
7 replies
Just after Ronald Reagan won the presidential election in November 1980, economic adviser David Stockman wrote a memo warning the president-elect that he faced an “economic Dunkirk” thanks to the disastrous economy he was inheriting.
Among Stockman’s warnings was that the Carter administration had set a “ticking regulatory time bomb” that would blow up the economy.
“They have spent the past four years ‘tooling up’ for implementation through a mind-boggling outpouring of rulemakings, interpretative guidelines, and major litigation – all heavily biased toward maximization of regulatory scope and burden,” Stockman wrote.
Has there ever been a more hypocritically thin-skinned occupation than journalism?
Day after day these relatively uneducated writers piously dish out opprobrium on those they don’t like and then respond like whiny spoiled brats when anyone dares to criticize them.
The latest example of this involves Uri Berliner, a senior editor at National Public Radio who we learned on Tuesday was suspended without pay for having the temerity to complain that this taxpayer-supported enterprise had become hopelessly agenda-driven.
Berliner has worked at NPR for a quarter century and describes himself
Joe Biden’s Wars
5 replies
It’s long been known around Washington, as former Defense Secretary Robert Gates once said, that Joe Biden “has been wrong on nearly every major foreign policy and national security issue over the past four” – now five – “decades.”
So the conflicts raging around the world and forecasts of World War III should have been expected.
But, hey, at least we didn’t elect in 2020 the guy who sent impetuous tweets that upset elites and snowflakes.
As president, Biden has projected American weakness in a Carter-esque fashion, starting with his chaotic and deadly withdrawal from Afghanistan, which a State Department report said
The Shocking Truth About ‘Tax Fairness’
11 replies
After spending decades peddling the fiction that the rich don’t pay their fair share of taxes, Democrats have convinced 60% of adults that it’s true, according to the latest I&I/TIPP poll.
That includes half of Republicans and nearly two-thirds of independents.
But just because most people believe something doesn’t make it true. And in this case, it is wildly and demonstrably false.
As our I&I/TIPP poll report today shows, the richest 1% of Americans now pay 45% of all federal income taxes collected, “the highest levels of taxes as a share of the total in history.” The bottom 75% of income earners, in stark contrast,
This Is Biden’s Reelection Pitch?!?!
7 replies
We recently received a Biden-Harris campaign fundraising email, and if this is the best pitch they can make, then Joe Biden deserves to lose, bigly. It’s full of lies. It’s completely disconnected from reality. Biden takes no responsibility for the nation’s current troubles, and offers absolutely no solutions.
The email begins “I know this message is long.” Except it’s not – it’s less than 430 words, which isn’t much for an email that promises to remind readers “of all the things we have been able to accomplish because of our victory in 2020.”
The next sentence is a flat-out lie.
Should Donald Trump be elected this fall, he should waste no time in reversing Joe Biden’s electric vehicle mandate. Biden not only overstepped his authority, he set the country directly on a course that will bring nothing but trouble.
Acting like the authoritarian that the Democrats and media claim that Donald Trump is, Biden, with a pen and maybe a phone, has ordered through his Environmental Protection Agency to issue a rule that will require Americans to replace their internal-combustion engine automobiles with battery-powered cars. The rule doesn’t
Earlier this year, pollster Scott Rasmussen asked voters a simple question: “Would you rather have your candidate win by cheating or lose by playing fair?”
The answers he got back were, as he put it in a Daily Signal podcast last week, “the most terrifying poll result I’ve ever seen.”
Among all Americans, just 7% said they would want their candidate to win by cheating. As Rasmussen put it, he’d rather see that number lower, but that’s not bad.
But more than a third of the elite 1% he surveyed would condone cheating. And among those who are “politically obsessed”
Black Gold
5 replies
In 2019, while campaigning in New Hampshire, Joe Biden promised to “end fossil fuel.” Not only has he failed to keep his promise, oil consumption has reached a new all-time high. For this we should all be thankful.
When a climate activist challenged him on that September day about his connections to the co-founder of a liquified natural gas company, Biden, as he has done throughout his career of “public service,” became Joe the Clown. Calling her “kiddo,” he told her to look into his eyes, then said “I guarantee you. We’re going to end fossil fuel.”
The ever-fawning-for-Democrats media
Can the U.S. media ever reverse their reputation for dishonesty and bias and end their current tailspin? Given how the public currently views them, the answer is “not likely,” the latest I&I/TIPP Poll suggests.
Each month I&I/TIPP Poll asks registered voters from around the country to gauge their trust in the major media that supply them with news, features and other information.
Specifically, two questions were asked:
“Generally speaking, how much trust do you have in the traditional or established news media (Example: Washington Post, New York Times, NPR, CBS News, etc.) to report the news accurately and fairly?”
Earlier this week we reported on our findings about net domestic migration trends in the U.S. based on voting patterns in the 2020 elections. (See: “The Great Divorce: 3.7 Million Have Fled Counties That Voted For Biden.”)
But we realized there was a discrepancy in the numbers. For example, while more than 483,000 people have moved out of Los Angeles County since 2020, the county’s population only declined by 351,000. Over the past three years, more than 88,000 Americans left Harris County, Texas, yet its population actually increased by 104,000.
And, while we found that, overall, 3.7 million people moved
Have We Reached Peak Climate Nuttery?
18 replies
A new report tells us that man-made global warming is driving up prices. Please tell us this is parody. It’s far too risible not to be.
Oh, but no. We’ve been assured that it’s a serious paper. “Global warming and heat extremes to enhance inflationary pressures,” was published last week in the peer-reviewed journal Communications: Earth and Environment. Axios tells us the study “incorporated more than 27,000 observations of monthly price indices across 121 countries in the developed and developing worlds during the 1996 to 2021 period, along with high-resolution weather observations.”
From that,
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House Speaker Mike Johnson (R-LA) made history Thursday night just before midnight by essentially surrendering Republican majority control to Democrats.
For the first time in recorded history — since the House began keeping records — the House Rules Committee relied on minority party votes to overcome objections from the majority and advance a rule bill to the House floor. The committee voted nine to three, with all four Democrats on the committee voting with five Republicans to move a rule to the House floor, which, if passed with Democrat support as expected, would allow votes on Johnson’s foreign aid package, including a bill that includes tens of billions to fund Ukraine.
Hillary Clinton described Joe Biden and the Democrat party and she trashed Trump during her podcast interview with Marc Elias, a far-left lawyer who helped Hillary purchase the fake Trump-Russia dossier in 2016.
Typical projection.
“Putin does what [Trump] would like to do,” Hillary Clinton said to corrupt left-wing lawyer Marc Elias on his “Democracy Docket” podcast. “Kill his opposition, imprison his opposition, drive journalists into exile, rule without any check or balance. That’s what Trump really wants.
Key Democrats revealed new legislation Friday that would strip former President Donald Trump of his Secret Service agents if he is convicted and sentenced to prison. Rep. Bennie G. Thompson, the top Democrat on the House Homeland Security Committee, said it’s about making sure Mr. Trump doesn’t get special treatment for whatever crime he might be sentenced. He is worried that having to accommodate a Secret Service protective detail could lead to accommodations for a former president.
A spending bill backed by House Speaker Mike Johnson (R-LA) includes hundreds of millions of dollars in American taxpayer money for border patrol agents in Ukraine as illegal immigration at the United States-Mexico border remains at record levels.
The spending bill, which 151 House Republicans helped 165 House Democrats advance on Friday, would see more than $95 billion sent to foreign countries — including about $61 billion to Ukraine amid its ongoing war with Russia. Slipped into the funding package’s Ukraine spending is $300 million for “the State Border Guard Service of Ukraine 20 and National Police of Ukraine, including units supporting 21 or under the command of
Kennedy family makes ‘crystal clear’
its Biden endorsement in attempt to deflate
RFK Jr.’s candidacy 24 replies
its Biden endorsement in attempt to deflate
RFK Jr.’s candidacy 24 replies
President Joe Biden scooped up endorsements from at least 15 members of the Kennedy political family during a campaign stop Thursday as he aims to undermine Donald Trump and marginalize the candidacy of independent Robert F. Kennedy Jr.
Kerry Kennedy, a daughter of former Attorney General Robert F. Kennedy, niece of former President John F. Kennedy and sister of the current presidential candidate, delivered the endorsements in Philadelphia by calling Biden “my hero.”
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Former Minnesota Reform Party Gov. Jesse Ventura said Thursday on CNN’s “OutFront” that he could beat bothident Joe Biden and former President Donald Trump in a hypothetical match-up.
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Watching Joe Scarborough’s Morning Joe is a front-row seat to the effects of Trump Derangement Syndrome.
Scarborough suffered a humiliating meltdown in March after getting called out for lying about President Trump on X.
Now, in his latest episode of unhinged anger, Scarborough rages that Trump supporters “hate America.”
“What’s wrong with you? Who raised you? What history did you read? Where are you from? Because you may claim to be from where I’m from, but you were not raised by the same teachers I was raised by, and you don’t read,” Scarborough said.
He was raised by teachers as opposed to being raised by parents?
Democrats want Trump dead.
House Democrats on Friday moved to strip President Trump of his Secret Service protection if he is convicted.
Democrat Rep. Bennie Thompson introduced a resolution that would terminate Trump’s Secret Service protection. The legislation dubbed the “Denying Infinite Security and Government Resources Allocated toward Convicted and Extremely Dishonorable (DISGRACED) Former Protectees Act would apply to all Secret Service protectees convicted and sentenced under felony charges.
Chinese hackers preparing to ‘physically
wreak havoc’ on US critical infrastructure:
FBI director 20 replies
wreak havoc’ on US critical infrastructure:
FBI director 20 replies
Chinese hackers are developing the "ability to physically wreak havoc on our critical infrastructure at a time of its choosing," FBI director Christopher Wray said this week. He added that the hackers are waiting "for just the right moment to deal a devastating blow."
The hacking campaign, known as Volt Typhoon, has embedded itself successfully in several American critical infrastructure companies that include telecommunications, energy and water, and others, he said.
The Biden administration’s Department of Education unveiled a sweeping set of rules on Friday that effectively erase protections for sex-based spaces by expanding the Title IX prohibition against sex discrimination to include “gender identity” — a term that’s never mentioned in the original law.
A majority of Americans agree that males who claim to identify otherwise should not be allowed to infiltrate girls’ and women’s sports teams. As of now, some 25 states have laws or regulations aimed at keeping boys and men out of female-only spaces, on and off the field.
Workers at a Volkswagen plant in Chattanooga, Tennessee, voted overwhelmingly to join the United Auto Workers, becoming the first Southern autoworkers outside of the Big Three to do so in a region long resistant to unionization, the labor group announced late Friday.
The UAW declared victory as votes continued to be tallied, with its unofficial count at 2,628 for joining the union and 985 opposed, or 73% to 27%.
"Volkswagen thanks its Chattanooga workers for voting in this election," the company said in a statement acknowledging that workers had voted in favor of union representation. "We will await certification
The righteous among us ignore the swirling depths of the culture: don’t get any on you, is our entirely correct attitude. It is dangerous down there in the swamps. And icky, lizard-like-depths-of-hell you-can’t-imagine-how-bad dangerous.
But guess who does pay attention? The little creeps who spend their grey days inside office blocks with no natural light, monitoring us. The ones hiding great big secrets. The ones manipulating their ‘stars’, the industry plants used to ‘entertain’ us, while they loot the culture. Don’t make any mistake about this, the only reason TikTok is still around is that it is being used to massively expand surveillance.