Posted on 03/31/2021 5:26:36 AM PDT by EyesOfTX
Today, China Joe Biden going to roll out a $3 trillion monstrosity that he will refer to as an “infrastructure” plan. – In reality, this plan is nothing more than massive new giveaways to the fake green energy lobby that helped to fund his fraudulent campaign for the presidency. Naturally the Democrat toadies in the corrupt news media will refer to those subsidies, mandates and corporate welfare provisions as “investments”, because that’s the preferred narrative of the Democrat Party:
VDO.AI From the story by the corrupt Democrat hacks at Axios:
President Biden is asking Congress to approve hundreds of billions of dollars to remake transit, overhaul power grids and expand clean energy in a sweeping plan the White House says will fight climate change while outcompeting China.
Why it matters: The plan, if enacted, would be the most far-reaching federal investment to date in programs that would help curb greenhouse gas emissions. But it faces serious challenges in the closely divided Congress.
It signals Biden’s high priority on fighting global warming while addressing racial and economic inequality. How it works: Highlights of the transit, energy and climate parts of the broader “American Jobs” proposal include, per a 25-page White House summary:
$621 billion over eight years for transportation-related programs. The goal is to remake roads and bridges in ways the White House says would save fuel and curb emissions. This includes steering $85 billion to bolster mass transit and $174 billion to “win” the electric vehicle market. Those provisions aim to build 500,000 electric vehicle charging stations by 2030, expand consumer tax incentives to purchase EVs, create a rebate program, and fund electrification of school bus and federal fleets. $100 billion worth of investments over eight years for the electricity sector and other energy programs. Those efforts include new tax credits to build high-voltage transmission lines; extended tax credits that can be quickly monetized for renewable power and carbon capture projects; clean energy block grants; andbillions of dollars for plugging abandoned oil-and-gas wells and cleaning abandoned mines. Elsewhere, it seeks to spend $180 billion to expand climate-related research and demonstration projects; launch a suite of efforts to expand manufacturing of climate-friendly tech; and invest in other research into advanced technologies. It also seeks to invest another $213 billion to “produce, preserve, and retrofit more than two million affordable and sustainable places to live.” Reality check: The price tag and some of the policy proposals will likely both face resistance in Congress and among other stakeholders.
[End]
Some points about the code language used in this piece:
– Take this passage first: “The goal is to remake roads and bridges in ways the White House says would save fuel and curb emissions.” What this means is that the plan will be to make roads and bridges less accessible to your personal car by adding things like bike lanes and bus lanes, similar to the things we have seen Democrat mayors and city councils doing in major cities around the country for the past decade. Understand that that money is not going to go to rebuilding dilapidated and unsafe bridges or widening roads that no longer have enough lanes to handle heavy traffic, which should be the goal of any true “infrastructure” bill.
– Or how about this passage: “…new tax credits to build high-voltage transmission lines…” – This means even more of those 150 ft-tall transmission towers will 100-yard wide rights of way crisscrossing your neighborhoods in order to bring intermittent power generated by wind and solar farms into your market from hundreds of miles away. You can be certain that the initial price tag contained in this bill will be multiplied many times over before these projects are complete. In Texas, the initial $1 billion price tag promised by the wind lobby in 2001 ended up becoming $7 billion ten years later. This is how these people operate.
– Then there’s this little gem: “…build 500,000 electric vehicle charging stations by 2030, expand consumer tax incentives to purchase EVs, create a rebate program, and fund electrification of school bus and federal fleets.” – That means that the 99% of you who drive gas-powered cars are going to pay even more taxes and your children are going to be placed even further into debt in order to help fund the wealthy 1% of the country’s desire to feel good about themselves by purchasing an electric vehicle, which cannot be price competitive with gas powered cars if left to stand on their own.
Note that the fake reporters at Axios make no effort whatsoever to provide you any shred of the real truth about all of this Democrat narrative language, which is what an actual news organization ought to be doing. Because reporting actual news is not what Axios is in business to do: Parroting the Democrat Party narrative is.
You’re welcome.
That is all.
Funding crony capitalism, and showering money on people who have no idea about fiscal responsibility in state and municipal governments.
Great way to p*ss away money we don’t have and now never shall.
world crisis - Stock Market Crash ‘29 = Covid ‘20
capital attack - January 6th = Reichstag Fire
spending - Infrastructure Plan = Autobahn
there are about 5-6 other direct correlations.
“Remake roads & bridges in ways that save fuel & curb emissions”
CAN ANYONE on this site tell me what that says??
Roads in existance need to be kept in repair....how do you build a ‘new road or bridge’ that does as said above???
We are going to have a 6 trillion dollar deficit this year.
Says
That's $2,050B, so there must be more.
The article in this thread pretty much obliterates the $650B of infrastructure.
Home care I can get behind as it's much cheaper than nursing homes and hospitals. But only if it's done right. If the break down looks like the infrastructure portion then no. The aging population is going to need more money in this area. Unless you Cuomo them into an early death.
And I wonder how much of this gets rolled into the annual budget and becomes recurring, like Obama's $700B plan did.
The best thing for manufacturing is protective tariffs. Though I would like to see some funding, maybe low interest loans to help new manufacturing plants that are coming from overseas. Especially high tech stuff, robotics, motors, electronics, electrical equipment (big import from China), machinne tools. Anything we might need for military.
And manufacturing of critical supplies like PPE, and drug components.
And clean energy credits? Does this imply they are planning to put in place carbon tax?
I don't trust the Biden administration to implement any of it. Trump would have implemented it and gotten good value for the $. But Biden is likely to fund his bundlers and increases in the size of government the way Obama did.
What we peons can do is limited.
Gripe.
Pray.
Hope R Senators can stall and possibly reduce the pain.
Buy PAVE & GRID and other investments to make a buck from this insanity.
(Not advice... just an example)
And push for election reform in States.
Trillions for pork, not a penny for defense.
Not a penny for the wall.
“Infrastructure” Plan = Pay Off To the Wise Guys
2022 election nearing fast
“Trillions for pork, not a penny for defense.”
The Biden goons are going to cut defense to the bone, whenever a dem is in the White House, defense takes a big, big hit; then when a Republican gets back in the White House, they have to spend to RE-BUILD THE MILITARY. It’s just a vicious cycle.
“Trillions for pork, not a penny for defense.”
The Biden goons are going to cut defense to the bone, whenever a dem is in the White House, defense takes a big, big hit; then when a Republican gets back in the White House, they have to spend to RE-BUILD THE MILITARY. It’s just a vicious cycle.
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