The economy continues to give the Biden administration and Democrats bad news.
That money they take out of your check for social security is beginning to look more like a tax.
And can’t believe we heard this admission from Big Pharma.
Kamalaism
Joe Biden is a liar. We can’t even blame some of his lies on his senility. Here he is, talking about his son, Beau, who died in 2015…again.
President @JoeBiden incorrectly said his late son Beau "lost his life in Iraq." https://t.co/oZ9GRyRjcI pic.twitter.com/8OvjbQgUaT
— Washington Examiner (@dcexaminer) October 12, 2022
The guy just lies.
- His son died of Brain cancer in 2015, after we were out of Iraq.
- He died in Maryland, not Iraq.
This guy uses his dead son as much as he uses a teleprompter. He also said his son died of caner because of burn pits. He was trying to pass another spending bill at the time. He just make this up.
The Washington Post and the New York Times “fact checkers” continue to do a stellar job. They say he was exaggerating and not really lying. Awesome.
He was lying. Call it what it is.
https://www.dailywire.com/news/joe-biden-claims-his-son-beau-died-in-iraq
Up, Up and Away
The Consumer Price Index (CPI) rose 8.2% between September 2021 and September 2022, according to a Thursday report from the Bureau of Labor Statistics.
The month-to-month increase of 0.4% exceeded analysts’ forecasts, while core inflation — which factors out the more volatile food and energy categories — reached 0.6% against an estimate of 0.4%. Despite energy costs falling in some categories, a 0.8% surge in food prices and a 0.7% increase in shelter prices contributed to the headline number.
Essentially, inflation has not changed at all since it was at 9.1%. It has hovered around 8.1-8.5% over the last few months. This is despite the Fed raising interest rates about 2% this year. Rumor has it they are going to get together again and raise the interests rates another .75% within the next couple of weeks.
Combine this with the Gross Domestic Product (GDP) expected to be negative again and a rather weak jobs report (only 265,000 jobs created, dropping the unemployment rate to 3.5%) and even Joe Biden is admitting we are going to be in a recession even though he says it will be “weak and short”. We are already in a recession but the White House said we are not in one be cause of…I don’t know. Well, they can’t hide it anymore.
Listen, all this stuff can be fixed. We know what needs to be done.
- Cut regulations.
- Start drilling for oil and natural gas.
- Cut taxes.
- Cut the minimum wage.
- The government needs to stop spending money.
- The Fed will need to raise interest rates to 5-10%
There is no soft landing here. There is going to be pain:
- There will be job loss.
- There will be a housing crash.
- Businesses will suffer or close.
- Prices will be high.
But in the long run, things will go back to normal. We saw it in the eighties.
https://www.foxbusiness.com/economy/inflation-surged-september-prices-remain-stubbornly-high
https://www.dailywire.com/news/inflation-surpasses-forecasts-ahead-of-midterm-elections-in-bad-omen-for-democrats
It’s Just a Tax Now
According to Fox News:
Social Security benefits are set to rise by 8.7% in 2023, the biggest bump in four decades as stubbornly high inflation erodes the buying power of retired Americans, the Social Security Administration said on Thursday.
The increase, known as a cost-of-living adjustment (COLA), is the biggest since 1981, when recipients saw an 11.2% jump. It will increase the average monthly benefit by about $140.
Social security has always been a scam. It’s a legalized Ponzi scheme. One generation always pays off the previous generation. When I pay in social security, it is going to my father. Nothing is being saved. The bigger problem is we are having negative population growth between generations for at least seventy years. Gen Z has fewer people than Gen X. They’re not going to be able to pay for my social security.
I am 54 years old. I won’t qualify for social security for, at least, eleven years. I doubt I’m going to see a dime. I say we scrap this system, let us keep that money and figure out how to invest ourselves through 401Ks and the like. Let the private sector deal with it because the government screws up everything.
https://www.foxbusiness.com/money/social-security-recipients-see-biggest-cola-increase-1981
He Doesn’t Care
We talked about OPEC lower oil production by 2 million barrels of oil a day, which screwed the Biden administration by keeping gas prices high.
The Democrats and Old Joe are pissed and are thinking of taking it out on the Saudis. They are threatening to without military equipment from the Saudis if they don’t up the production of oil. Ben Shapiro pointed something out. Military aid to the Saudis was allocated by Congress. Now, Biden is going to withhold aid unless the Saudis unless they drill more? Does that sound like a quid pro quo? Wasn’t Trump impeached for a quid pro quo with Ukraine? Hmm…
Well, the Saudis responded. They said that Biden told them in their meeting in Saudi Arabia a couple of months ago that it would be good if they could continue drilling until November before cutting their production. Hmm…what happens in November. That’s right! The elections!
Joe Biden will do anything to keep power including hurting citizens of the United States. He just cares about keeping Congress so that he can push his crappy policies.
https://www.dailywire.com/news/saudi-arabia-torches-biden-for-trying-to-pressure-opec-into-not-cutting-oil-production-before-midterms
Incredible
This should be the biggest story out there today, but it will not be.
Janine Small Pfizer’s president of international developed markets is testifying before the European Union Parliament. She is being asked a very straight forward and important question by Dutch MEP Rob Roos. Her answer should be on every news report in the United States and should be addressed by the Biden administration.
Listen:
Let me get this straight, they release a vaccine that was not tested to prevent the transmission of COVID? Can we assume then:
- They didn’t test for side effects.
- They didn’t test for prevention.
- They didn’t test to make the disease less dangerous.
Can we assume all this?
For the last two years, those who have not gotten the shots have been shamed. Need a reminder? Here Keith Olbermann after he got his seventeenth booster saying what he believes about those who didn’t get vaxxed.
I hate this fucking guy. pic.twitter.com/bYMKy0dQb8
— Ian Miles Cheong (@stillgray) October 12, 2022
He just released that video. No wonder he’s irrelevant today. He’s nothing but a shrieking, whiney Karen.
Here’s what we do know about the vaccines:
- They don’t prevent you from getting the China virus.
- They don’t prevent you from spreading the virus.
- They have side effects:
- Can cause blood clots.
- Can cause myocarditis in the heart.
- Can alter the reproductive system in both men and women.
- We don’t know if it makes the virus less dangerous when you catch it. That’s all a guess.
- We don’t know what the long term side effects are.
We also know that Pfizer, Johnson and Johnson, and have made billions of dollars, all coming from taxpayers, to spread this crap.
We also know a couple of other things:
- People have been censored for saying anything against the narrative.
- Children have been told they can’t go to school if not vaxxed.
- People have been kicked out of college if they were not vaxxed.
- People have been fired for not being vaxxed.
- Soldier have been kicked out of the military if they were not vaxxed.
- Doctors, medical professional and first responders, who were expected to work during the pandemic, were fired after the pandemic ended because they refused to get vaxxed.
- That does not include that we shut down our economy for a year.
- That does not include that we shut down schools for two years and the teacher’s unions still want them closed.
I think an investigation, reparations and an apology is in order from big pharma and our government is in order.