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| Silverfiddle Rant! |
Tucker Carlson's right: Every time energy prices spike, giddy progressives rub their little hands together in anticipation of even higher prices, hoping that finally, this time, they can hijack trillion$ in government funds to "go green." See Ed Markey: Ditching fossil fuels makes even more sense now
It's all pie-in-the-sky BS. If green energy were cheaper, energy producers in the US would be fighting and trampling each other to abandon carbon fuels and provide this mythical cheaper green energy to US consumers. They are not.
To put your feet back down in Realityville, yahoogle Germany's Energiewende. That green initiative should have insulated them against gas and oil shocks. It has not. See: Germany's Energy Fiasco
After all the Germans' sacrifice, paying higher utility bills (doubled or more) to 'go green,' the German government is telling its citizens to brace themselves for higher prices and rationing.
Biden Owns the Gas Price Hikes
Biden Owns Rampant Inflation
Biden also owns rampant inflation. To be charitable, our US government owns it, including Trump, who was president when some of the 'stimulus' and 'covid relief' was disbursed in the form of trillions of newly-printed dollars. Look at this US Inflation Chart. Inflation spiked in 2021, the year Biden took office. Russia Invaded Ukraine in February of 2022.
Covid Relief Fraud
What say you?
:P
ReplyDeleteHere is another example of a green Prague never letting a crisis go to waste. Don't waste your time on the whole thing The final six paragraphs contain the money shot
ReplyDeletehttps://www.theguardian.com/commentisfree/2022/apr/04/joe-biden-us-russia-energy-oil-crisis
Green prog
DeleteBiden and the Democrats own this inflation thanks to their multi-trillion dollar covid pork
ReplyDeleteChart proves Biden is to blame for inflation: Former CEO ANDY PUZDER https://www.dailymail.co.uk/news/article-10677009/New-chart-proves-Biden-blame-inflation-Former-CEO-ANDY-PUZDER.html?ito=native_share_article-masthead
You know that the system's about to collapse when they start recommending "price controls".
Delete$2,000/oz gold is just the beginning.
DeleteWhen Nixon started institution price controls, America went off the gold standard. Now that Biden's likely to do the same, know that we're going off the paper currency standard and onto the digital currency standard (making all "future" consumer purchases subject to government "sanctions". NO SOUP FOR YOU!).
DeleteNever let a crises go to waste...
ReplyDeleteBy this chart, Biden owns at least half of the gas price hikes since he took office
The chart shows gas price hikes have occured under Biden, yes. It does not, however, demonstrate Biden's ownership / responsibility for them. This beef stew needs beef, and stew.
Actually, more, since--for some reason--drilling and extraction has not enjoyed a post-covid rebound under Biden.
That chart shows US oil production has not risen to met post-Covid demands, yes. It does not, however, demonstrate Biden's ownership of that either. There is no nebulous "for some reason," as oil companies have made it abundantly clear that they are riding the skyrocketing costs of oil globally to profit and deliver dividends to their shareholders, and have no intention of killing their golden geese by reinvesting capital in production and supply increases despite the abundance of proven reserves under the thousands of dry land leases granted to them... by Biden. Biden is releasing 1 million barrels of oil from the Strategic National Reserve in *the only effort* to curb US gasoline prices, an effort US oil companies could easily outmatch without drilling a new well at all, but but simply ramping up existing production sources. The US government is losing money being a substitute oil supplier. Oil companies are not.
The "Green New Deal" is a dead letter, and always has been, and will continue to always will be. Oil company lobbyists can dump wheelbarrows of cash on legislators' desks. Green energy start ups have pop-up coloring books and no crayons.
Your last indictment about inflation from profligate government spending almost hits the target, as it downplays the spending sprees Trump went on for Covid and to try to subsidize away the damage done by his retarded tariffs regimes on traded goods. Biden is guilty of continuing both the Covid spending sprees and the retarded tariffs.
So, the grand jury finds that Biden has little to nothing to do with gas price hikes due to fluctuations in global crude oil costs, that Biden has nothing to do with oil companies choking their own means of production (which Biden has increased), and that we go ahead and recommend the prosecutors go forward with the charge of rising inflation if Trump is named as a co-conspirator.
It is oil companies, by their own burgeoning profits and rallying stock prices, that are "not letting a crisis go to waste." A crisis that they have the largest valve to open to relieve.
DeleteWhen the ship runs aground, you don't blame the botswain.
DeleteI agree with TC on this one. Furthermore, it was reported by Fox News that inflation was beginning to happen during Trumps presidency due to the pandemic monies given out to business and schools, and the stimulus's due printing of monies we did not have. Didn't Senator Manchin warn us this would happen?
Delete@Joe
DeleteWe don't have state ownership of oil companies. That's an F-word.
Biden should do more somethings about gas prices? With what, Fascism?
DeleteSo how do we curb inflation?
DeleteIncrease unemployment (Boo! Hiss!) or increase bank loan interest rates (Boo! Hiss!)
We didn't have these problems until y'all started drinking seltzer beers.
I believe we all need to forget about saying Biden doing anything! I want to know who is running the WH and why they are not doing anything?
DeleteSo how do we curb inflation?
DeleteJust like Reagan did, let the Fed raise interest rates. Oh, wait, doesn't that mean that we couldn't pay the interest on the National debt? Yep. Monetary policy has been killed through government borrowing.
The "system" is broken, so now's the time to introduce a new digital-blockchain one and embrace the amazing disappearance of additional zero's on your new, now digital, currency.
No one will notice the changes... e-r-r-r-rp!
...and just think of all the money for "printing" we'll save!
DeleteOf course, we can always "set" approved prices for gasoline... until the evil oil companies stop producing it at a loss. Then we can arrest all the oil executives for "wrecking" the economy.
Delete"stop producing it at a loss" - that has never happened, ever. Oil companies made less profits under the Covid shutdowns, but not no profits. Now they are amassing wealth and savings faster than inflation can make it worthless.
DeleteWe should just buy up all the oil company stocks, then trade one in when we need a tank of gas.
DeleteTC. Biden owns it because he's president
DeleteIf I were the Saudi's, I'd only accept Rubles for oil from here on out.
Delete...cuz unlike the US dollar, they're backed by gold.
Delete@SF:
DeleteThat answer is good for a bumper sticker, and not much else. Biden does not own, much less control global oil prices through either the West Texas or Breton / Atlantic oil futures markets. He could, conceivably roll tanks and riflemen into Houston and make oil companies crank up production on existing and yet untapped proven reserves, but he won't.
And the next president, whoever he, she, it, or zhey will be, won't have global oil futures markets or a fascist urge to make oil companies serve American consumer needs at gunpoint either.
U.S. stocks traded lower, but off Wednesday’s worst levels, as investors digested minutes of the Federal Reserve’s March meeting that detailed aggressive plans to shrink its nearly $9 trillion balance sheet.
DeleteThe minutes also left the door open to more than one half-percentage point interest rate increase, a move bigger than the typical quarter-point increment usually used b the central bank.
This ought to prove interesting. The Fed is going to try and sell $9t in debt... and nobody's going to show up to buy it.
It's going to be like New York City bonds in the 70's. For a refresher, watch the first 6 minutes of this
Bash Trump all you want beamish. Trump was there in NYC buying up properties. He's seen what happens when government's start holding garage sales.
DeleteRemember the USSR in '89? You too can become an "oligarch".
DeleteTC, The government can indeed take action to incentivize/disinctivize personal and corporate behavior. Politicians spend trillions doing it every year.
DeleteHad to laugh when I read your post and then thought "Someone here's going to say it's largely Trump's fault" and, voila! IMAGINE: I HATE to think how much more Leftwingers and their media'd have screeched had Trump not thrown some relief around$$!
ReplyDeleteThis could be used as a metaphor for how America will probably not ever get a balanced budget again....The Left just CAN"T allow Americans to work harder, or suffer normally as most people in the world do when things are going badly in their countries and who have eventually earned their just rewards for having worked hard....Our Left EXPECTS THEIR FREE GOODIES, as they expected them through COVID and beyond (HOW many are still not back at work because they don't HAVE to?!)....so let's not blame TRUMP TOO much; We won't elect a future president who promises to get our economy on track, we'll always have to have goodies promised or they won't be elected. Think any president would be elected who didn't promise all the goodies Biden promised? And now look at the mess. Ya, blame Trump.
Supply chain shortages, higher diesel prices... Sounds like we need to drive empty trucks in circles around Washington DC to celebrate...
DeleteBiden is VERY guilty... of not reversing Trump's stupid economic policies. :)
DeleteAll I can do is smile, and remember how much better things were before Biden. I'm no big fan of Trump's personality, or even a few of his policies, but yes, it was nice having the middle class and minorities doing so much better, to have people feeling things were finally going in the right direction again, that patriotism was to be celebrated again.....Ya, "stupid economic policies"...they sure worked. Call them what you want to.
DeleteThat's the thing. Trump had smart policies and stupid policies. Biden hasn't touched either, and we"re feeling the stupid policies now.
DeleteRepublicans have demonstrated that they are just as fiscally irresponsible and reckless as Democrats
DeleteSilver stated, or quoted Tucker Carlson...
ReplyDelete"Every time energy prices spike, giddy progressives rub their little hands together in anticipation of even higher prices, hoping that finally, this time, they can hijack trillion$ in government funds to 'go green.'"
I'm feinting on my couch!
I get it... you're not a fan of green[er] energy, at least right now. But the statement implying that "giddy progressives" are happy for the higher prices wrecking the American wallet is a perfect example of the types of discourse you've rightly criticized by lefties in the past.
I'm pretty sure you've got a few old posts decrying the words of the anti Iraq War lefties who said Pres Bush wanted US soldiers to die in Iraq or Kanye West when he said "George Bush doesn't care about black people."
Those were extreme statements by progressives. They were horrible, divisive and made dialogue difficult.
How is your opening salvo any different?
You know what Dave? I am learning to grow thick skin because I am extremely sensitive. In this line of genre, politics, and discussion of such things by liberals, conservatives, and independents et al, we will be offended at times. I am sometimes. I am just learning to vent it more constructively and not sound like I am attacking any one person. I hope I am doing better than I used to because politics by nature is ugly and the media is biased on all sides.
DeleteDave, okay, I cop to the cartoonish portrayal, but I linked to an actual example and then in the first comment I also linked to another example of green energy fans using this crisis to try once again to mow mow everyone into wrecking the economy and going green. I am pro green energy, depending on its effectiveness and its economic viability.
DeleteI mentioned in my original post Germany's program. Everyone could learn a lesson from that. They have good intentions, but it's just not there yet, and people have been paying the price literally for years.
Silver... we're good. I was just caught off guard seeing it from you. I too think we're on our way to greener energy. But I believe we'll always have a mix of green and fossil fuels.
DeleteIf any country can make that happen, it'll be us.
Thanks Dave. This is why I like disagreement. It keeps us honest. I don't begrudge anyone a little humorous or derogatory editorializing, if they make a valid point and bring some facts.
DeleteSF: "I am pro green energy, depending on its effectiveness and its economic viability."
DeleteWell of course but I think a lot depends on whether we include longer-term environmental costs in "economic viability". Fossils are cheap, if you don't include the cost of mitigating the effects of climate change, which our descendents will be paying for generations. I think if we hang around waiting for alternatives to become strictly cheaper than fossils in the short term, that future cost will be much heavier than an need be. Germany's approach may not have been perfect; can we learn something from their attempt without giving up entirely?
The cost of climate change? You mean like warmer climates and being able to grow more food?
DeleteI get where you're coming from, for much of this climate talk is alarmism. Who's writing who's wrong will come out over the next hundred years or more, of course we won't be around. But, one man's catastrophe is another man's glee that he won't be squatting around a dungfire.
BTW guys... there might be a glitch in the system. Whenever I press preview, the entire post disappears and I have to reenter it.
ReplyDeleteUnless it's an anti-leftie plot...
LOL...
Same thing happens to me so I make my comments in Notepad then copy and paste into the comment box. They also, sometimes, disappear as the page seems to refresh on its own before I can hit the "Publish" button.
DeleteTruthfully, I think that Blogger is considered the redheaded, bastard, stepchild of Goggle and they are not doing due diligence of the platform.
Just try getting some tech support from them. It's always been bad but now seems impossible.
I have two Google accounts, one for personal (money-transacting) stuff, and the other for vandalizing the internet with a layer of anonymity signed to a defunct AOL mailbox (this account). Blogger is the only Google platform I play hell switching back and forth on, so you may be right about the redhead bastard stepchild thing.
DeleteWell, at least Dave brings his genuine self to Blogistan. I have accidentally posted with my real google acct. If somebody tracked me down to my trailer out on the outskirts, it could get messy. For them.
DeleteJust a note in general. I believe after what Mustang wrote in my comment section to one of my posts, why are we looking to any one man or woman in government to be our savior? They are not holy, they will make mistakes, they will be dishonest and lie and lets not pretend Trump was some savior or angel. For every good thing about Trump there are ten bad things, but of course common logic would tell you that is far better than Obama and a huge milestone over Biden. But we need to be realistic when we speak about Trump. I voted for him and I am not ashamed of it, but I do not see him through rose colored glasses either.
ReplyDeleteYou're right. There will be no saviour. We're past the tipping point for saving "global capitalism" short of doubling down... but even that will only postpone the now inevitable collapse a few decades. That was the Reagan/ Thatcher move in 1980.
DeletePutin, et al, are no longer falling for it and so globalism is going "regional". The point is to not become a "regional capitalist" but to return to "localism". But it is doubtful that our governmental imperialists could ever down-size their "financial expectations" of living off copyright royalties and patent leases.
The dollar is no longer the world's "reserve currency". The world will no longer subsidize America's national debt.
DeleteGlobal capitalism has never been global. The region, sans Russia, has just gotten smaller. The "non-integrating gap" (countries not connected by globalization and trade) is most of Africa and the Middle East, and now Russia. The economic "shitholes" where investments and soldiers go to die.
DeleteGlobalism will remain, even if it is subsidizing China's national debt instead. The funny thing is the balance, we owe China just as much as they owe us.
DeleteThe business is the same. Do we want foreigners, or customers?
DeleteKeep dreamin'. Putin just put Breton Woods back on the table... and China, India, and Saudi Arabia all said, "Goodie!"
Delete...the world "reserve" currency is now the currency or currencies that is/are backed with gold.
Delete...and NOT Pokemon NFTs with Joe Biden's picture on the front.
DeleteGoing back to the notion that the King possesses a property in the appearance of the wife, alludes to the Greek distinction between two forms of transaction.
Delete“ousia phanera is property whose transfer was seen by others, and ousia aphanēs is property whose transfer was not seen. (In a visible transfer, the buyer and seller might exchange a symbolic deposit not as part of the purchase price but as a visible sign of their agreement.) The second meaning of the opposition involves money: ousia phanera is a nonmonetary commodity (such as land or "real" estate) and ousia aphanēs is money (such as a coin).”
The phrase qui pro quo, or quiproquo (from medieval Latin: literally qui instead of quo), is common in languages such as Italian, Portuguese, Spanish and French, where it means a misunderstanding.
What's in your wallet?
Farmer, I hope you realize how much I appreciate your intellect and wit.
DeleteSF,
DeleteFarmer, I hope you realize how much I appreciate your intellect and wit.
HEAR! HEAR!
Thank you both for your patience with my pedantic eccentricities. :)
Delete@ Joe,
DeleteThank you for educating this philistine. ;)
Everything I know today I learned from FT and mr. ducky.
DeleteIt takes real philistines (like you and I) to belatedly gain and more broadly appreciate our American culture. :)