Posted on 07/14/2023 7:07:09 AM PDT by Oldeconomybuyer
Industry, jobs and development happen in a particular location for a reason. Usually, it’s a confluence of reasons. Easy, inexpensive shipping, like along a river or in a natural harbor brings in population. Non shipping industry is attracted by available labor. Industry attracts other industry, and the area develops. This process is as complicated as an ecology. Change one thing and the ecology can collapse. But adding one thing is unlikely to build an ecology where one does not already exist. I studied a similar program enacted by the Clinton administration. The Clintons forced Walmart to develop an industry on some poor Pacific islands. It was usually a single plant that made a single product. The ingredients often had to be flown in, making them expensive. Then a ship had to make a special stop to pick up the product. If the product was time sensitive, like some fashion item, it might already be out of fashion when the ship made the stop so the item might be scrapped before it is ever delivered. As soon as they could, Walmart got out of each arrangement. The infusion of cash on the island usually led to an increase in birth rate and other deleterious effects that left the area poorer when the largesse ended.
“Inflation Reduction Act”..thanks Manchin! Republicans should not authorize a dime for anything even remotely related to the filthy global warming hoax. It’s evil!
I replied to McCarthy before they passed this bill,told him not to raise the debt ceiling,he replied by eliminating the debt ceiling.The fix is was and is definately in...
The EPA said it was setting up two programs, one with $14 billion in funding and the other with $6 billion, that would in turn each set up a handful of institutions that would partner with private-sector entities to finance green projects, which could include heat pumps, electric vehicle charging stations, building upgrades, and other similar items.
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with SBF & FTX outta the game, they have to go back to gummit funding the (soroz) NGOs to kick back money to fund DS candidates in the upcoming 2024 elections?
I believe it. The whole system blows.
Another criminal rip off scam.
Bingo.
Why is it that the “domestic” purposes of the communist Leftists in charge, and their “resources”, always scream of their needy intentions for one more Laundromat?
Institutional collapse looks total, at every level.
I am cheered by their abject FEAR and loathing of only one man.
The RINO sponsored challengers are either too stupid for words or are, in their own right, traitors to the Republic.
“Our money” is gone. China supplies loans while the fed Reserve prints us paper notes... called “dollars”.
EPA announces a slush fund of 2 billion dollars to any dictator who wants to scam them..
“Research reveals that European central banks have prepared a new international gold standard.”
“The trend in Asia is also increasingly against dollar dominance and in favor of gold.”
And the US abandoned the gold standard: “While Nixon is usually blamed, LBJ played a large role in the gold standard’s demise.”
Maybe we should think about going back on it.
10 percent of that 20 billion will go somewhere. The Big Guy will get his cut.
It’ll go in politician’s wallets just like all slush funds.
Just once. Just one. time.
p
I think you’re right as rain.
We will probably be pressed to go back on the Gold Standard, and rightfully so, if every Marxist president who comes along plugs our spectacular oil & gas fields, which rival Saudia Arabia.
Collapsing capitalism and freedom at the same time, just to push Climate Change to Green Energy is their key in the door to world governance.
What next? Bamboo huts?
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