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  • Biden's July jaunt to Israel and Saudi Arabia

    07/04/2022 1:35:49 PM PDT · by MtnClimber · 14 replies
    American Thinker ^ | 4 Jul, 2022 | Darlene Casella
    Democrat optimists may believe that Biden's travel to the Middle East will be a foreign policy success, which would impact Democrat chances of remaining in control of Congress. Israel and Jordan have important commercial shipping seaports in the Gulf of Aqaba. Tiran and Sanafir, islands in the Strait of Tiran, are strategic to international shipping between the Red Sea and the Gulf of Aqaba. Egypt and Saudi Arabia each claim control of this strait. It is reported that Joe Biden is working behind the scenes to broker a deal that would transfer sovereignty of these islands from Egypt to Saudi...
  • Jeff Bezos blasts Biden for blaming gas companies for high pump prices

    07/03/2022 2:04:42 PM PDT · by nickcarraway · 48 replies
    New York Post ^ | July 3, 2022 | Sam Raskin
    Jeff Bezos chastised President Biden Saturday for blaming gas station companies for sky-high prices at the pump — declaring the commander-in-chief either employed “misdirection” or displayed a “deep misunderstanding” of economic fundamentals. In a Saturday afternoon tweet, the official presidential account wrote, “My message to the companies running gas stations and setting prices at the pump is simple: this is a time of war and global peril.” “Bring down the price you are charging at the pump to reflect the cost you’re paying for the product,” Biden added. “And do it now.”
  • The next financial hammer to fall: Public pension funds

    06/29/2022 9:36:26 AM PDT · by RomanSoldier19 · 72 replies ^ | 06/28/22 | BY MERRILL MATTHEWS
    The public pension situation could get really messy in the near future. There are currently about 300 state-administered and nearly 6,000 locally-administered public retirement plans, according to PublicPlansData, a project of the Center for Retirement Research at Boston College and the MissionSquare Research Institute. Those public pension systems have 14.7 million workers (e.g., state and local government employees, teachers, police and fire departments) and 11.2 million retirees. Collectively, those systems had some $4.5 trillion in assets at the end of 2021. After six months of stock and bond market declines, those assets have likely dropped significantly, putting public pension plans...
  • Video: Biden’s oil policies are collapsing US food production

    06/29/2022 9:23:57 AM PDT · by Dr. Marten · 66 replies
    One America News Network ^ | 6.26.2022 | OAN
    Joe Biden’s disastrous oil and gas policies in America are creating massive food shortages across the country, putting Americans at risk of famine. One America’s Pearson Sharp has more.Video Link
  • Bed Bath & Beyond Fires CEO, Cuts A/C in Stores as Sales Slump After Canceling MyPillow

    06/29/2022 9:07:25 AM PDT · by Red Badger · 112 replies ^ | • Jun. 29, 2022 | By J.D. Rucker
    Within months after dropping MyPillow products from their stores, Bed Bath & Beyond is in a fiscal freefall. They have now fired their CEO and are turning off air conditioners in retail stores across the country in an effort to save money. Chances are dropping MyPillow played less of a role in their current freefall than the fact that Bidenomics is tearing through retail stores like an Oklahoma tornado, but it’s conspicuous that Bed Bath & Beyond seems to have been hit harder than less “woke” retailers. For transparency, we wholeheartedly support MyPillow, not just because they’re one of our...
  • US economy contracted more than initially reported in Q1 as consumption dropped.

    06/29/2022 9:05:01 AM PDT · by Justa · 30 replies
    Yahoo Finance ^ | 06/29/2022 | Alexandra Semenova
    The U.S. economy shrank at an annualized pace of 1.6% in the first quarter, reflecting a deeper contraction than previously reported. The Bureau of Economic Analysis's third and final estimate of first-quarter GDP released Wednesday morning showed a 1.6% annualized drop in economic growth to start 2022, more than the 1.5% previously reported and which was expected by economists, according to estimates from Bloomberg. Real gross domestic product (GDP) decreased at an annual rate of 1.6 percent in the first quarter of 2022, according to the Real gross domestic product (GDP) decreased at an annual rate of 1.6 percent in...
  • Why Biden’s Green Energy Policy Will ‘End In Tears’

    06/28/2022 5:51:04 AM PDT · by blam · 27 replies
    Zubu Brothers ^ | 6-28-2022 | Kevin Stocklin via The Epoch Times
    American Founding Father Benjamin Franklin once said that “experience is an expensive school but fools will learn in no other.” Germany’s green energy policy, launched in the year 2000, could have been a cheap lesson for America today. The Biden administration has chosen to follow Germany, providing heavy subsidies for wind and solar, while suppressing industries that could reliably meet America’s energy needs and even reduce its carbon footprint. In January, the administration announced that it had “pulled every lever to position America to scale up clean energy … the Biden-Harris Administration has readied offshore areas to harness power from...
  • The ESG recession

    06/28/2022 4:20:44 AM PDT · by MtnClimber · 24 replies
    American Thinker ^ | 28 Jun, 2022 | Kelly Haughton
    Europe is in the midst of an energy crisis. The US and the rest of the world are paying greatly increased prices for gasoline and other forms of energy. 2 billion people rely on wood or dung for heating and cooking. Cheap reliable energy is becoming a thing of the past. And this is leading to a worldwide recession. Why are there such problems in the energy sector? The ESG movement and related anti-fossil fuel movements have promised to run the fossil fuel industry out of business and discouraged investment in growing the fossil fuel industry. The ESG movement sees...
  • Dallas Fed Survey Plunges, “We’ll All Be Lucky To Have A Job With Two More Years Of This Disaster”

    06/27/2022 9:55:12 AM PDT · by blam · 37 replies
    Zubu Brothers ^ | 6-27-2022
    After an unexpected rise in US durable goods orders (in May) and pending home sales (in May), the Dallas Fed’s Manufacturing Survey (in June) plunged to its lowest since May 2020.Source: BloombergThe survey was expected to rise modestly from -7.3 to -6.5, but plunged to -17.7. New Orders crashed into negative territory and employment weakened significantly. The comments from survey respondents are perhaps most enlightening of the reality facing many businesses in America: foreign dependence, cost inflation, over-regulation, and Biden energy policies… ◾As a country, we are not looking at the future and establishing relationships with emerging countries like we...
  • 'Democrats are worried': Joe Biden produces 'bizarre ranting unhinged performance'

    06/26/2022 1:00:29 AM PDT · by · 32 replies ^ | Jun 19, 2022 | Sky News Australia
    You only have to watch Joe Biden's "bizarre ranting unhinged performance" speaking to union members recently to understand why Democrats are worried, says Sky News host James Morrow. In a recent address, a fiery President Biden spoke of the "ultra-MAGA agenda" and also rubbished the "lies" being spread about "reckless spending". Mr Morrow also spoke of the latest Civiqs poll numbers, which he said showed President Biden "with a record-low approval rate". "So, no wonder there are cracks beginning to appear in the Democrat edifice as the nation hurtles towards the November midterms," Mr Morrow said.
  • Maher: Biden Tried to Get off Fossil Fuels without a Replacement, and Now We’re Begging the Saudis for Oil

    06/18/2022 7:18:03 AM PDT · by ChicagoConservative27 · 33 replies
    Breitbart ^ | 06/18/2022 | Ian hatchett
    On Friday’s broadcast of HBO’s “Real Time,” host Bill Maher argued that when people try to get off fossil fuels before there is a replacement ready, “they wind up going back to even worse fossil fuels.” And that this has happened in the United States and President Joe Biden going to Saudi Arabia “hat in hand, begging them for oil” after vowing to reduce oil drilling is an example of that. After citing Biden’s pledge to end drilling on federal lands, Maher stated, “Let’s just talk about why these things really happen, it’s because people think that they can —...
  • Just 5% call abortion top concern

    06/25/2022 6:13:51 AM PDT · by george76 · 16 replies
    Washington Examiner ^ | June 24, 2022 | Paul Bedard,
    Abortion, the No. 1 concern in today’s media and politics, ranks nearly dead last among areas voters care about as they struggle with paying daily bills, soaring inflation, and interest rate hikes, according to a just-released survey. While the Supreme Court’s decision overruling the 1973 Roe v. Wade right to abortion has dominated today’s network and cable coverage, the latest McLaughlin & Associates poll said just 5% of voters call it a top concern. Just below abortion, at 1%, is reviewing the 2020 election, over which the media are also obsessing. ... By comparison, 54% cited the economy. “Only 5%...
  • In energy-strapped Europe, coal gets a Greek encore

    06/21/2022 8:55:55 PM PDT · by RomanSoldier19 · 6 replies
    https://abcnews.go. ^ | June 16, 2022 | ByDerek Gatopoulos Associated Press
    At Greece's largest coal mine, controlled explosions and the roar of giant excavators scooping up blasted rock have once again become routine. Coal production has been ramped up at the site near the northern Greek city of Kozani as the war in Ukraine forced many European nations to rethink their energy supplies. Coal, long treated as a legacy fuel in Europe, is now helping the continent safeguard its power supply and cope with the dramatic rise in natural gas prices caused by the war. Electricity generated by coal in the European Union jumped by 19% in the fourth quarter of...
  • A Warning About the Coming Shortages of Diesel Fuel, Diesel Exhaust Fluid and Diesel Engine Oil

    06/23/2022 6:59:03 AM PDT · by Red Badger · 54 replies ^ | June 23, 2022 | by Michael Snyder
    What I am about to share with you is a developing situation, and I hope to share more once the facts become clearer. It appears that a very serious diesel crisis is coming in the months ahead, and that will have a dramatic impact on our economy. As you will see below, we are being warned that there will be shortages of diesel fuel, diesel exhaust fluid and diesel engine oil. Most diesel vehicles require all three in order to run, and so a serious shortage of any of them would be a major disaster. Needless to say, simultaneous shortages...
  • Biden looks everywhere to lower gas prices — except boosting oil production

    06/22/2022 8:57:49 PM PDT · by george76 · 27 replies
    Fox News ^ | June 22, 2022 | Thomas Catenacci |
    Biden admin 'pursuing this green agenda at all costs ... Biden has .. yet to back boosting domestic oil production. ... In recent months, Biden has ordered three separate releases from the Strategic Petroleum Reserve and issued a waiver allowing the sale of gas with higher biofuel concentration . ... Biden administration has doubled down on its climate agenda, canceling multiple oil and gas lease sales, revoking the Keystone XL pipeline permit and begging Middle Eastern producers to boost output. ... "This is an election year gimmick," Daniel Turner .. It has nothing to do with the energy industry, it...
  • Biden's green energy means ending dependency on US oil and becoming entirely dependent on China

    06/22/2022 7:57:37 AM PDT · by Starman417 · 8 replies
    Flopping Aces ^ | 06-22-22 | DrJohn
    This is one of the biggest scams ever. Joe Biden is shoving green energy down throats of Americans. For what? Money. For whom? China, and some Biden apparatchiks. Never mind that wind and solar cannot replace fossil fuels under the current level of demand. California, which is mandating a movement to 100% electricity is anticipating rolling blackouts again this summer. Despite its boastfulness about green energy, 42% of California energy comes from fossil fuels. Its current energy mix stands at 49.6% renewable energy generation, approximately 8% nuclear and only about 42% of energy comes from fossil fuels, such as crude...
  • Nolte: Watch Joe Biden Melt Down Over Putin and Gas Prices

    06/23/2022 7:31:24 AM PDT · by qaz123 · 21 replies
    Breitbart ^ | 22June | Nolte
    For all Republicans criticizing me for high gas prices in America, are you now saying we were wrong to support Ukraine and stand up to Putin? Are you saying that we’d rather have lower gas prices in America than Putin’s iron fist in Europe? I don’t believe that?
  • Fed Chair Jerome Powell Shoots Down Biden Administration’s ‘Putin’s Price Hikes’ Inflation Spin

    06/22/2022 12:35:40 PM PDT · by conservative98 · 15 replies
    Breitbart ^ | 22 Jun 2022 | JOHN CARNEY
    Federal Reserve Chairman Jerome Powell said Wednesday that Russia’s invasion of Ukraine is not the primary driver of inflation. In a Senate Banking Committee hearing Wednesday morning, Sen Bill Hagerty (R-TN) pointed out that inflation rose from 1.4 percent in January of 2021 to seven percent by the end of the year, months before Russia invaded Ukraine. It has since risen another 1.6 percentage points. “Given how inflation has escalated over the past 18 months, would you say the war in Ukraine is the primary driver of inflation?” Hagerty asked. “No,” Powell responded. “Inflation was high. Certainly, was high before...
  • Biden tweets about 'Putin's Price Hike' just moments after Fed chair said president is WRONG to blame Russia for inflation: Powell warns of further interest rate hikes and recession.

    06/22/2022 12:11:53 PM PDT · by know.your.why · 24 replies
    The Daily Mail ^ | 06/22/22 | MORGAN PHILLIPS
    President Joe Biden has again blamed inflation on 'Putin's Price Hike' just moments after Federal Reserve chair Jerome Powell said that Russia's war in Ukraine was not the main driver of rising consumer prices.
  • Current European Natural Gas Storage Data (22-JUN-2022)

    06/22/2022 1:08:52 PM PDT · by SpeedyInTexas · 17 replies
    Celsius Energy ^ | 22-JUN-2022
    European natural gas inventories rose by +96 BCF over past 7 days. EU nat gas storage 56% full. Current inventories at 2100 BCF. 22.7% higher than 1 year ago. EU goal is at least 80% full by Nov 1st for winter.