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Biden creates an economic crisis--Unemployment, Inflation, risk of STAGLFATION increasing


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Just remember, as bad as things are right now, our idiot Democrat leaders actually wanted to print and spend $6.5 TRILLION MORE dollars on their pet projects to buy votes...and when that didn't work they wanted $3.2 TRILLION...and when that didn't work they wanted $2.0 TRILLION...all on top of the unnecessary $1.9 TRILLION they printed when they came into office dubbed their "historic AMERICAN RESCUE PLAN".

 

These people are so effing stupid they should be forced out of government NOW.

 

The reality is they don't want you, the individual, to succeed...that does NOTHING for them.  They want you to fail, so you NEED them, and they can come and rescue you with some tritely-named "rescue plan".

 

Eff these people, they need to go.  

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16 hours ago, SoCal Deek said:

What ever happened to that magical release of oil from the petroleum reserve? Are we done with that? Did it work? 😂

Oh its happening.  The idea is to release 1M bbl/day into the market for a period of 60 days.  For the purpose of adding supply and bringing down prices.  So far, so good.  But the problem is 1M isn't all that much on the world market.  And it doesn't seem to have had much impact as we move into peak demand season for gasoline.  But here's the fun part.  The US DOE has put out RFP's for the purchase of 60M bbls at some point in the Fall.  Or most likely after the mid-terms.  At which time prices may be lower.  Or they may be higher.  My guess is higher. 

 

But there's more.  Here's another brilliant idea. 

 

https://oilprice.com/Energy/Energy-General/The-NOPEC-Bill-Could-Send-Oil-Prices-To-300.html

 

From the very same political class that has no problem with the Treasury department intervening and managing prices in all kinds of markets via the Exchange Rate Stabilization Fund or the President's Working Group on Markets.  Or what people in the markets call the Plunge Protection Team.  Which authorizes the Secretary of the Treasury to intervene in any market at any time without notice or disclosure.  

This isn't a Biden creation but rather something that's been official but unspoken US government policy for a few decades.  It just points out the duplicity.  We can manipulate prices and markets but you can't.  

 

 

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There is no question that the cadre of Leftists sitting in some room in the White House directing US policy and writing pithy teleprompter speeches for the President to read really don't care at all about this country or its citizens.

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1 hour ago, OrangeBills said:

There is no question that the cadre of Leftists sitting in some room in the White House directing US policy and writing pithy teleprompter speeches for the President to read really don't care at all about this country or its citizens.

 

Like I said, no one whoever loved someone/thing ever said they wanted to "fundamentally transform" it.

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‘Anybody that’s middle class and below, we’re screwed’: Housing costs rise at the fastest pace in decades — but some Americans are already feeling the brunt

 

https://www.marketwatch.com/story/anybody-thats-middle-class-and-below-were-screwed-housing-costs-rise-at-the-fastest-pace-in-decades-but-some-americans-are-already-feeling-the-brunt-11652327702

 

 

"No.  Try again.   Lies."

 

---Bill Stime 

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1 hour ago, OrangeBills said:

There is no question that the cadre of Leftists sitting in some room in the White House directing US policy and writing pithy teleprompter speeches for the President to read really don't care at all about this country or its citizens.


They care. Of course they do. To think they don’t is extremely cynical. And this is coming from one of the board’s biggest cynics.  What’s actually likely going on is they have not one ***** clue about what they are doing and what true leadership is. 

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1 hour ago, Chef Jim said:


They care. Of course they do. To think they don’t is extremely cynical. And this is coming from one of the board’s biggest cynics.  What’s actually likely going on is they have not one ***** clue about what they are doing and what true leadership is. 

As mainly political operatives and social activists with advanced degrees in all kinds of disciplines that are worthless outside of government and academia while also never working for a commercial enterprise in any management or ownership capacity they have no idea how the economy functions.  They view more government, more laws, and more regulations as the solution to all problems.   

       

Edited by All_Pro_Bills
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Typically, 98% of baby formula consumed in the U.S. is made domestically, according to federal officials. The FDA is working with Abbott to fix the violations that triggered the shutdown of its Michigan plant, which produces Similac, EleCare and several other leading powdered formulas.12 hours ago

 

Needed more safety inspectors to prevent recall. Penny wise and pound foolish once again.

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19 hours ago, Chef Jim said:


They care. Of course they do. To think they don’t is extremely cynical. And this is coming from one of the board’s biggest cynics.  What’s actually likely going on is they have not one ***** clue about what they are doing and what true leadership is. 

They care.  The problem is the hubris and blind ignorance that comes with the caring.   The country is in a complete s storm right now, but at the very least no one is getting their feelings hurt.   

 

 

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1 hour ago, thenorthremembers said:

They care.  The problem is the hubris and blind ignorance that comes with the caring.   The country is in a complete s storm right now, but at the very least no one is getting their feelings hurt.   

 

The saddest part is it's going to take 4 years of pain for people to realize how bad of an idea going with feelz was.  Hopefully people have a long(er) memory.

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3 hours ago, ALF said:

Typically, 98% of baby formula consumed in the U.S. is made domestically, according to federal officials. The FDA is working with Abbott to fix the violations that triggered the shutdown of its Michigan plant, which produces Similac, EleCare and several other leading powdered formulas.12 hours ago

 

Needed more safety inspectors to prevent recall. Penny wise and pound foolish once again.

Assuming that’s true: The Biden Administration is doing what about this, exactly? Or didn’t see this problem coming, because of why, exactly?

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Our dollar is just being devalued the more debt our country goes into. And now everyone is looking at Rand Paul like he is the devil for trying to be fiscally responsible. 

 

While the Biden administration and the main stream media pour fuel on the fire in Ukraine. Instead of negotiating peace just dump a massive amount of American made and taxpayer  paid for weapons of war into eastern Europe. 

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12 minutes ago, TSOL said:

Our dollar is just being devalued the more debt our country goes into. And now everyone is looking at Rand Paul like he is the devil for trying to be fiscally responsible. 

 

While the Biden administration and the main stream media pour fuel on the fire in Ukraine. Instead of negotiating peace just dump a massive amount of American made and taxpayer  paid for weapons of war into eastern Europe. 

There’s plenty of blame and fault to go around here. The defense contractors are private companies with tentacles that reach deep into both sides of the aisle in corrupt Washington. You can’t simply end a war in Afghanistan without there being consequences to an industry that’s been cashing in for two decades. So presto….a new war pops up out of nowhere…and go figure, more military hardware suddenly needs to be sold. Amazing how that works! 

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33 minutes ago, SoCal Deek said:

Assuming that’s true: The Biden Administration is doing what about this, exactly? Or didn’t see this problem coming, because of why, exactly?

 


Trump’s Budget Cuts Leave Food Safety on Back Burner

 

This week, President Donald Trump released an outline of his first federal budget. His 2018 budget plans include slashing the U.S. Department of Agriculture’s (USDA) funding by a whopping $4.7 billion. This will bring the agency’s budget down to a total of about $17.9 billion, representing a 21 percent cut compared to the previous fiscal year.

 

Budget cuts will affect a number of USDA’s programs, including food safety and international food aid--both of which are lumped into what’s been categorized as “discretionary” spending.

 

The U.S. Food and Drug Administration (FDA)--which controls the overwhelming majority of food inspections in the U.S., is expected to experience an 18 percent budget reduction.

 

https://www.food-safety.com/articles/5228-trumpe28099s-budget-cuts-leave-food-safety-on-back-burner

 

Just like lack of PPE in national reserve , Biden is playing catch up again to the damage done

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11 minutes ago, ALF said:

 


Trump’s Budget Cuts Leave Food Safety on Back Burner

 

This week, President Donald Trump released an outline of his first federal budget. His 2018 budget plans include slashing the U.S. Department of Agriculture’s (USDA) funding by a whopping $4.7 billion. This will bring the agency’s budget down to a total of about $17.9 billion, representing a 21 percent cut compared to the previous fiscal year.

 

Budget cuts will affect a number of USDA’s programs, including food safety and international food aid--both of which are lumped into what’s been categorized as “discretionary” spending.

 

The U.S. Food and Drug Administration (FDA)--which controls the overwhelming majority of food inspections in the U.S., is expected to experience an 18 percent budget reduction.

 

https://www.food-safety.com/articles/5228-trumpe28099s-budget-cuts-leave-food-safety-on-back-burner

 

Just like lack of PPE in national reserve , Biden is playing catch up again to the damage done

Check your calendar.  It's May 2022.  And with mid-term election season and primaries kicking off the statute of limitations on blaming the previous administration has officially expired.  Contact U.S. Secretary of Agriculture Thomas J. Vilsack with questions. 

 

https://www.usda.gov/our-agency/about-usda/our-secretary

 

For some clue on why everything is getting FUBAR'd please refer to his official bio.  To quote one gem.  "Secretary Vilsack continues to take bold, historic action to reduce barriers to access for historically under-served communities. By working to ensure all aspects of civil rights and equity are integrated, USDA is rooting out generations of systemic racism and building systems and programs inclusive of all USDA employees and customers." 

 

What that means in terms of action to get more and safer food to Americans I haven't a clue.  But the statement checks all the social score boxes in the pretend, do nothing, know nothing fantasy world this administration lives in. 

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1 hour ago, ALF said:

 


Trump’s Budget Cuts Leave Food Safety on Back Burner

 

This week, President Donald Trump released an outline of his first federal budget. His 2018 budget plans include slashing the U.S. Department of Agriculture’s (USDA) funding by a whopping $4.7 billion. This will bring the agency’s budget down to a total of about $17.9 billion, representing a 21 percent cut compared to the previous fiscal year.

 

Budget cuts will affect a number of USDA’s programs, including food safety and international food aid--both of which are lumped into what’s been categorized as “discretionary” spending.

 

The U.S. Food and Drug Administration (FDA)--which controls the overwhelming majority of food inspections in the U.S., is expected to experience an 18 percent budget reduction.

 

https://www.food-safety.com/articles/5228-trumpe28099s-budget-cuts-leave-food-safety-on-back-burner

 

Just like lack of PPE in national reserve , Biden is playing catch up again to the damage done

Aha! 
So you’re saying it’s EXACTLY like when Obama gutted the PPE stockroom. Thanks for clarifying that for us. 
Get to work Joe!!!

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On 5/13/2022 at 10:47 AM, SoCal Deek said:

Aha! 
So you’re saying it’s EXACTLY like when Obama gutted the PPE stockroom. Thanks for clarifying that for us. 
Get to work Joe!!!

 

A republican Congress cut Obama's budget to reduce the deficit,  PPE was a casualty .

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42 minutes ago, BillStime said:

 

So the administration should have anticipated a global pandemic, safety and health issues at a major producers facility that the FDA is slow-walking to a resolution, along with the dysfunctional economic agenda of its successor to forecast a shortage of baby formula about 5 years into the future when crafting trade rules?  And therefore exempted those products from the final arrangement?  That seems like a weak attempt at cause and effect given the amount of time between the two events.  

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32 minutes ago, All_Pro_Bills said:

So the administration should have anticipated a global pandemic, safety and health issues at a major producers facility that the FDA is slow-walking to a resolution, along with the dysfunctional economic agenda of its successor to forecast a shortage of baby formula about 5 years into the future when crafting trade rules?  And therefore exempted those products from the final arrangement?  That seems like a weak attempt at cause and effect given the amount of time between the two events.  


Yeah 

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