“The government’s meddling and interference has inflated prices and saddled our young people with debt,” Warren announced to a crowd of supporters, “but with even more interference, I can inflate prices even more and eventually build up an unimaginable debt shared by all American people.”
Warren has announced a number of new taxes that could have a punitive effect on the economy but definitely won’t cover the costs of her proposal. Her hope is that by pumping more and more money into the problem, she can make it larger and larger, costing more and more while providing less and less value, until it’s a new entitlement dominating a large percentage of government spending and further accelerating the national debt.
“This makes me hopeful for the future,” said Elizabeth Warren supporter Lindsay Porter.
“By the time my daughter is grown up, the problem will be so large that it will be a dominant issue for her to campaign on and try to fix. But if she’s anything like Elizabeth Warren, she’ll find a way to make the problem so large it will simply be unimaginable to people today.”
Democrats Announce Lockdowns Can Be Lifted
Now That We’ve Defeated The True Virus: Trump
By Ayelet Sheffey
“Get out there and celebrate Restaurant Week starting January 25th,” urged Mayor Muriel Bowser of Washington, DC. “As of January 20th, the Trump-2016 virus has been contained, it is now safe to be out in public in this fine city which has some of the finest restaurants in the country.”
Mayor Lori Lightfoot of Chicago echoed a similar sentiment this week also when she called on bars and restaurants to open “as quickly as possible.”
“There is literally zero chance of an outbreak of Trump-2016 happening in any of our safe, clean, and highly regulated bars and restaurants in the great city of Chicago,” Mayor Lightfoot added.
Governor Gavin Newsom of California, and Governor Andrew Cuomo of New York, both chimed in that now that coronavirus cases are hitting an all-time high that it was now the perfect time to lift onerous stay-at-home orders and lockdown protocols.
At publishing time, scientists were already warning about the looming threat of the Trump-2016 virus mutating into Trump-2024, but assured the nation that experts were doing everything in their power to make sure that doesn’t happen.
Biden just released a plan to protect Americans’ retirements and savings from the ‘urgent and systemic risk’ of the climate crisis.
Thousands of youth demand action during a Climate Change protest in downtown Los Angeles, California on September 20, 2019, as part of a global protest happening around the world. FREDERIC J. BROWN – Bing video /AFP via Getty Images
Biden unveiled a plan on Friday to mitigate the economic risks the climate crisis poses.
The report outlines strategies to protect Americans’ savings and retirements from climate-related risks.
This follows a May executive order analyzing how the climate crisis impacts the US financial systems.
President Joe Biden has made clear that acting on the climate crisis is a top priority for his administration – and he also wants to ensure Americans’ wallets aren’t being hurt in the process.
On Friday, Biden unveiled a 40-page report, entitled “A Roadmap to Build a Climate-Resilient Economy,” which focuses on mitigating the financial risks climate change places on people’s retirements, pensions, savings, and more. This follows up on an executive order the president signed in May, which was dedicated to analyzing and mitigating the risk the climate crisis poses to homeowners, businesses, consumers, and the government.
Over the past few years, the US has been hit with a number of extreme weather events,
like Texas’ huge winter storm in February that caused the state’s entire power grid shut down. Those events have cost Americans more than $600 billion, according to the National Oceanic and Atmospheric Administration. Friday’s report, along with May’s executive order, would work to prevent that.
“If this year has shown us anything, it’s that climate change poses an ongoing urgent and systemic risk to our economy and to the lives and livelihoods of everyday Americans, and we must act now,” Gina McCarthy, the White House national climate adviser, told reporters.
Specifically, the report outlines a “whole-of-government” approach to promoting the resilience of the US financial system to climate-related risks, protecting life savings and pensions, incorporating climate related financial risk into federal lending, like mortgages, and building more resilient infrastructure.
The report says government agencies such as the Labor Department, Treasury, and Dept. of Veterans Affairs will work to develop tools to mitigate the financial risks across sectors, and they will be releasing subsequent details in coming months.
Biden pledged during his campaign to reduce fossil fuel usage, and he is pushing for Democrats’ $3.5 trillion social-spending bill to be passed, which includes investments to combat the climate crisis, such as green affordable housing. While there’s no question on the urgency of the crisis, though, Bank of America economist Ethan Harris wrote in a Friday note that actions addressing the climate will likely hurt economic growth “during the transition from a dirty to green economy” because workers will need to move from one sector to another.
But in the long-term, as Harris noted, the stunted economic growth will be well worth it.
The United Nations in August released a harrowing report saying some of global warming’s effects will be “irreversible for centuries to millennia,” emphasizing how there’s no time to wait when it comes to addressing climate change.
“We are clear-eyed to how climate change poses a systemic risk to our economy,” National Economic Council deputy director Bharat Ramamurti said on the press call. “We are taking a precautionary approach that reflects the fact that inaction is not an option.”
The Truth About What’s Really Happening With America’s
Supply Chain and Hundreds of Unloaded Ships
As you know, the mainstream media, the Biden Administration, and countless others are lying to you about what’s happening with America’s supply chain.
So we decided to share something that we believe is accurate and spot on with what’s happening in this debacle of our system.
The NEWS says the California port situation is caused by a driver shortage.
Not so fast: It is in part caused by a California Truck Ban which says all trucks must be 2011 or newer and a law called AB 5 which prohibits Owner Operators.
Traditionally the ports have been served by Owner Operators (non union). California has now banned Owner Operators.
Long term, truckers in California are not investing in new trucks because California has a law that makes them illegal in 2035. The requirement is to purchase electric trucks which do not exist.
And in the words of Paul Harvey, “Now you know the rest of the story.”
BUSINESS CARB that began blocking certain trucks’ DMV registrations in 2020.
Carriers domiciled in California with trucks older than 2011 model, or using engines manufactured before 2010, will need to meet the Board’s new Truck and Bus Regulation beginning in 2020 or their vehicles will be blocked from registration with the state’s DMV, the state has said.
The new “health-based requirements” will need to be met before a driver is allowed to register his or her truck through the Department of Motor Vehicles, CARB says. A new enforcement tool used by the DMV beginning in 2020 will automatically block 2010 and older trucks from registration.
