Posted on 10/16/2021 5:38:15 AM PDT by billorites
Want proof that the Biden administration is really the second incarnation of the Carter administration? We have runaway inflation, Americans trapped overseas, a member of the first family who tried to do business with Libya and a president begging the Organization of the Petroleum Exporting Countries and allies (OPEC Plus) to increase oil production. It’s like the 1970s all over again.
Gas prices have risen $1 a gallon since Joe Biden’s election, while crude oil prices have doubled since November to $83 per barrel — and some analysts predict they could rise by another $10 before the end of the year. Natural gas prices have shot up more than 150 percent in the same period, which means winter heating bills for the half of American homes that use natural gas are projected to be 30 percent higher than last year — 49 percent higher in the Midwest.
This is the result of deliberate policy choices. Biden has made clear his intention to tax and regulate the fossil fuel industry out of existence. During the 2020 campaign, he declared, “I guarantee you. We’re going to end fossil fuel.”
Well, those threats have consequences. Today, the number of rigs producing oil across the United States is 528, roughly half its 2019 peak under President Donald Trump. When you tell oil producers you plan to put them out of business, they are not going to bolster production or drill more wells. When your $3.5 trillion “Build Back Better” plan would impose punitive taxes oil and gas, the producers are going to get the picture that building back better doesn’t include them.
And when you make clear you plan to destroy an industry, banks and investment firms stop investing in it. The New York Times reports that the “flow of capital from Wall Street
(Excerpt) Read more at aei.org ...
Exactly.
Biden really has nothing to do with any of this. He's nothing more than a figurehead, a tired old man who is awaken from naps on occasion to step up to a podium and do his best at reading the lines someone else wrote before quickly hightailing it out of there without taking questions (that his staffers know he is totally incapable of answering).
Joe Biden is not running the country in any measure whatsoever. The man barely knows what day of the week it is, if he even knows at all.
Carter was not honorable or patriotic. He was a filthy piece of human garbage. He supported the overthrow of the Shah, gave support to every single communist insurgency in Central America. He gave away the Panama Canal.
After being turfed from the office he disgraced, Carter went around disgracing America, by certifying the elections of every piece of crap anti-American, fake election. Hugo Chavez comes to mind.
Don’t use our current pile of demented crap as an excuse to rehab the disgraceful legacy of that steaming pile of crap that was and is Jimmuh Carter.
joshua c wrote: “the increase in price of fossil fuel is intentional to make the fairy tale solar and wind seem competitive”
The increase is carefully designed to save you money. Don’t you remember when Obama said that increasing the price of gasoline would save you money because you’d buy less gasoline?
Carter was President and we were allowed to reject him in favor of Reagan.
Biden was installed as ( )resident and it remains to be seen how/if the next election will be run any differently.
For now the official worst without a * would still have to be Carter.
dementia joe is a hell of a lot worse than carter.
When Biden news articles have a comment section, I submit the following...
Dear Joe Biden,
Thank you very much.
Sincerely,
Jimmie Carter
Wish I could find a link to Mad Magazine’s “Disco Clap” song.
“Dance to the disco clap
It’s catching, it’s spreading...”
What took Carter 4 years has taken Demented Joe 4 months thanks to the capitulation of the Republican party.
I remember talking with several men who worked in the US oil fields back in the Carter administration.
When the market price for oil went up, due to the Arab Oil Embargo, the Carter admin refused to allow the oil companies to get the higher price per barrel, but had to pump and sell the oil at the old price. Only new oil wells could get the higher market price.
So the oil companies shut down the old wells and drilled new wells right beside them to get the higher market value for a barrel of oil.
Jimmy Carter doesn’t hold a candle to this nitwit…
Only this time its on purpose. Carter was just incompetent.
Except Carter “lusted in his heart” for adult women.
“We are being destroyed by Obama in his third term. It is all Obama’s people doing this”.
You are exactly right!
carter was an incompetent boob.
fubo never even came close to carter’s incompetence.
Now, joe, on the other hand...
Despite his many faults I believe Carter was a Patriot. Comparing Biden to Carter is an insult to Carter.
more like Woodrow Wilson 1913 to 1921.
“””Joe Biden is the new Jimmy Carter”””
Not quite true.
In 2021 Jimmy Carter has a lot of age related infirmities as he approaches his 100th birthday.
In 2021 Joe Biden has a lot of age related infirmities and he is only 78 years old.
Even Jimmy Carter wasn’t able to destroy our Constitutional Republic. The same cannot be said for Joseph Stolen.
In my view Carter was a caring human being.
Biden, Harris and others in the admin? They are soulless human beings.
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