Chairman Joe is a fraudulently elected figurehead who is the
picture behind Dem-Marxism destroying the American economy. Justin Smith has
some details.
JRH 11/18/21
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Biden's Policies Bankrupt America
Biden Sounds America's Death Knell
By Justin O. Smith
Sent 11/15/2021 12:58 AM
Our nation and people have experienced higher inflation in
past years, than we are currently experiencing, but the difference today is our
federal government rests in the hands of America's radicals who are acting with
purpose and intent to destroy Capitalism and the Republic itself, and the 6.2
percent official number is a deception at best. We've never had an
administration similar to the Biden regime that is so willing to stoke the
flames of continued and growing inflation by advancing and promoting massive
infrastructure bills that are essentially Marxist-Maoist social-engineering
programs, along with other terrible policies, aimed at making the American
people subjects to future totalitarian regimes, rather than Free people who
command the government.
One can point to phony "official" numbers from a
federal government that has changed its methods of calculating inflation at
least twenty times since the 1970s, but it's certain, that despite the Consumer
Price Index number, the American people are being taken to the cleaners, as
prices across the board on every retail item rises exorbitantly. This is
compounded by a massive injection of new currency into the economy through
mammoth stimulus bills and a Build
Back Better Bill (read as "More Welfare without Work Requirements") that
has little to do with actual infrastructure, as it hands out billions of
dollars for climate change and racial and sexual identity initiatives and
causes a further decline in the dollar's buying power, while the average
American's pay rate has stagnated.
And with an actual
CPI of .9 percent, that places inflation at nearly eleven percent
at the least, this is all occurring in conjunction with the stock market and
doesn't take into account the extremely high price hikes in goods that we are
all facing in real time. Anyone who works or owns a business or simply tries to
go about their lives as normally as possible can attest to this.
It has happened largely due to expenditures in several
public and private sectors and broad-based economic initiatives, driven by
Biden policy with huge increases in energy, food and shelter, according to the
Bureau of Labor Statistics.
The New York Post recently documented the pain American
consumers are experiencing, in a recent report by James Bovard writing:
"Natural gas prices have
jumped more than 180 percent since September 2020, and that will spur increases
in electricity costs. Home heating oil prices have jumped 115 percent over the
past year. Fuel oil is up almost 60 percent from a year ago. The federal
government forecast last month that home heating costs could rise 54 percent this
winter -- but heating costs could actually triple, according to some private
forecasts."
How illogical and purely insane it must surely seem to many
Americans to see Joe Biden, hat-in-hand, put on a show of begging Saudi Arabia
for more oil, even though he has the American technology and know-how at his
fingertips to keep the country energy independent, as it was during Trump's
term. However, most of us also full well recognize that the destruction of
fossil fuel usage in our country is exactly what the far left radicals of his
regime desire, regardless of how much pain it inflicts on our people, and
Biden's foggy brain is more than willing to bow to them -- the Chicken Littles
of Climate -- and the spooks behind the curtain, or whoever is twisting his
puppet strings.
In February of this year, Saule Omarova, Biden's nominee for
Comptroller of the Currency made the following
statement that should trouble all Americans:
"For certain troubled
industries and firms that are transitioning, and here what I'm thinking about
is primarily coal industry and oil and gas industry. A lot of smaller players
in the industry are going to probably go bankrupt in short order, at least we
want them to go bankrupt if we want to tackle climate change, right?"
More than likely, Biden and his Communist coterie are
probably chuckling gleefully and dancing a jig behind closed doors, after they
discovered that Saudi Arabia, Venezuela, Iran, Iraq and the other OPEC nations
like the high prices for oil and are not likely to raise oil production to
lower costs anytime soon. They are not afraid or in awe of the Biden regime,
like they were with President Trump, and Crown Prince Mohammed bin Salman has
no love or respect for Joe Biden, America's emerging petty tyrant.
Of course, other strong factors in the aforementioned dismal
assessment are the breakdown of the supply chain, with truckdrivers for fuel
deliveries in short supply for a litany of reasons, and Biden's continued
ferocious war against coal and oil through an insane and idiotic energy policy
that killed the Keystone XL and seeks to do
the same to the L5 Pipeline in Michigan. And Biden's actions
in these instances represent nothing less than existential threats to all
America, as he
bows to international concerns and China to the detriment of America.
Truckers have highlighted the fact that trucks setting on
Chinese made chassis or subassemblies are now subject to tariffs, thus impeding
the ability of the trucking industry to introduce new equipment to the supply
chain by making it financially prohibitive. It raises the cost and creates
scarcity, while the Biden regime also pushes to place two man crews and two
engineers on freight-trains forever, in contrast to freight-trucks that can be
operated safely by just one driver.
A record number of 111 container ships are currently
awaiting to be offloaded at the ports of Los Angeles and Long Beach as
truckdrivers complain of lazy or belligerent longshoremen who are now filled
with a new sense of newly gained importance and power and leveraging it to
their benefit. The allegations suggest they are purposely slow-walking and
refusing to offload the ships in a timely fashion, while truckers are currently
forced to wait anywhere from three hours to three days for their loads. But it
is also noted that space in the warehouses is standing at full capacity.
Recently, Corey Bertsch of Slync.io, a global logistics
company, told reporter
Grace Kay:
"The issue isn't about a
lack of desire to move boxes, but a lack of physical space. ... These
containers would move if they could, but it's a combination of warehouses,
truck and labor issues."
The price of lean ground beef is up near four dollars a
pound, while gasoline is hovering around $3.50 per gallon in most parts of the
country, unless one looks at Alaska ($3.88 for Mid-Grade) or
California where the average price of gasoline is now $4.67. And building
materials have increased by approximately 21 percent since last October.
We are witnessing an out-of-control regime under Joe Biden
moving to upend capitalism and usher in authoritarian socialism by any means
they can, before they have anything viable in place other than sheer control
and power from the end of a gun backed by their goons and thugs in government
and the ranks of Black Lives Matter, whose leaders regularly threaten violence
if their demands aren't met. And Senator Ted
Cruz (R-TX) stated the fact of the matter in plain terms on Sunday, November
14th 2021, in speaking with Maria Bartiromo:
"They want you not to be
able to fill up gas in your car. They want your electricity bill to be higher.
They want your heating bill to be higher. And the cruelty -- of course, it
doesn't impact them. The Democrat elites still fly on their private planes
everywhere they go. And the working people, they just say, 'Let them eat cake'.
It's really cruel what is happening, after spending $1.9
trillion on the so-called Covid relief bill that wasn't Covid relief, and now
spending $1.2 trillion on a so-called infrastructure bill, much of which is not
infrastructure. They now want to move on to Bernie Sander's Socialist budget.
This was the budget that was originally $3.5 trillion and it
was actually closer to $5.5 if you scored it honestly."
What did anyone expect in the wake of shutting down a $20
trillion a year economy overnight?
While a lot of our current ills started during the Obama
years and continued under Trump, the Biden regime has given new meaning to the
phrase "warp speed" in the speed they have hurried to implement a
major expansion of the welfare state at a time when ten million jobs are in
need of filling and millions of Americans are simply refusing to work, because
Biden policies take away any incentive to work. Our own government has created
the existing crises and rapidly growing inflation by closing entire economies
during the early days of the Covid crisis, but the Democratic Party Communists
have leveraged the underlying causes of the crises to their advantage and used
them as weapons against the Republic.
Why else would Joe Biden rail against our Freedom to choose
to not be vaccinate, as he moved to force us to do so, just like a fanatical
despot?
The politicians and mainstream media can continue to mock
mothers of America for complaining about rising milk prices, if they wish, but
we're all feeling the squeeze of inflation, transitory or not, in the here and
now and the immediacy of each day to provide for our families. We see the high
grocery bills and gas prices, as we wonder how we'll make it through the
winter. We see the real loss of our dollar's spending power, as $100 dollars
barely buys anything these days and hourly earnings are in a holding pattern,
and we see that Biden's policies are destroying the nation, whether one thinks
he is just incompetent or knowingly complicit with America's enemies in
sounding Her death knell.
We have met the enemy, when he and his cronies were sworn
into office on January 20th 2021, and most of us are well aware that Biden will
not be dissuaded from his path of destruction, which makes these days all the
more important in seeking those champions who can and will rise to the occasion
to impede, block and ultimately stop these anti-American Marxist-Maoist
policies of Biden's. Here and now is the time to stop the Green New Deal
thievery and the Biden regime's criminal schemes aimed at our children. The
days have arrived that demand we stop these Democratic tyrants in any way we
can, so we may regain control of our economy and move sensibly into the new
days and make a proper and righteous use of America's natural bounty and
resources and our own people's innate ingenuity to restore America's Virtues
and Principles and some semblance of Her former traditions and glory days.
By Justin O. Smith
________________________
Edited by John R. Houk
Embedded source links are by Justin Smith.
© Justin O. Smith
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