The Senate hates Americans and wants to take all your money.

That brings up some troubling news about the economy in general.

And why is Lori Lightfoot the mayor of Chicago?

 

Money, Money, Money…Mon-nee!

Joe Biden is trying to ram through the most spending that the government has ever spent before. Both bills, the infrastructure and budget, have made their ways through the Senate. They still have a bit to go and both bills have a bunch of obstacles to go through but the fact that they are where they are is sort of disturbing.

Infrastructure

The bipartisan infrastructure bill has passed the Senate. The initial infrastructure bill would have been $3.5 trillion but it would have never passed. So Biden worked with Senate Republicans to whittle the bill down to $1 trillion dollars. The reality is the bill will probably cost about $2 trillion.

The bill will cover things like:

• Roads and bridges.
• Passenger rail.
• Internet access.
• Public transit.
• Subsidies for electric cars.
• Water and waste water.
• Upgrading the electric grid.

The bill will be paid for by unused COVID funds and the extra money from states that cancelled the enhanced unemployment benefits early. Don’t kid yourself, it will also be from taxes too.

Seventeen Republicans voted for the bill including Mitch McDonnell, Chuck Grassley and Linsey Graham. I’m going to explain why I think this is a big mistake in a few minutes.

The bill will have problems when the House votes for it. The radical Leftists in the House, including the Squad, said they wouldn’t vote for the bill if it wasn’t guaranteed that the $3.5 trillion would pass. It is very unlikely that that bill is going to pass. There is a very good chance a bunch of Democrats are not going to vote for this bill.

Remember how there is so much unity within the Democrat party? Yeah, no. If this bill gets whacked by a bunch of Leftists in the House this will show us how the Democrats are anything but unified.

I like infrastructure and this bill might be OK…like 10 years from now. This is not the time for it and, what does need to be done, could be done for quarter of the amount of this bill. Our infrastructure just isn’t that bad.

I also hate the fact that Internet access is included here. I know they already are but I hate the thought that the government is involved in my Internet access. Not to mention, the Internet is not a right. It is a luxury. You don’t pay for Internet access, go to the library. Tons of Internet there. Go to Starbucks and buy that Boba tea thing you people like and use the Internet. Sure, you can’t watch porn but you can do what you need to do.

Finally, listen, I love trains. I ride the train in San Diego. I take the train up to L.A. all the time. I hate traffic. I can sleep. I can read. I don’t pay for gas. But I love the train, mostly, because there is no one ever on it! Trains are not used. This is 1850s technology. There’s no reason to spend any money on it.

Republicans screwed up by voting for this bill. Our infrastructure is not that bad, it covers things that are not infrastructure, It could be the same thing for probably $300 billion and, looking at this from the Conservative lens, the government needs to leave the economy alone as it grows so that inflation does get crazy when the economy gets heated.

 

Budget Bill

Today, the Senate passed a blueprint for the $3.5 trillion budget wanted by the Biden administration. This time, no Republicans voted for this bill. This bill is known as the antipoverty and climate bill. That should tell you everything you need to know about it.

What’s in this bill?

• Paid medical and family leave.
• An expansion of Obamacare.
• Expanded child tax credit (UBI).
• Free pre-kindergarten and community college.
• Provides green cards to illegal immigrants.
• Tax credits for clean energy.
• Emissions-based tariffs.

That’s just a few things that are in the bill. How are they going to pay for it? Taxes.

• Raise taxes on households making $400K and above.
• Raising the corporate tax rate from 21% to 28%.
• Raise the corporate foreign earning from 24% to 43%.
• Raise the capital gains tax.
• Raise the death tax.
• Tax crypto currency.
• Tax unrealized assets (not sure this is even Constitutional).

This bill will not pass through the Senate (most likely). Moderate Democrats, like Kyrsten Sinema and Joe Manchin, are against this bill. That means even if Dems use reconciliation, there’s still a good chance this bill won’t pass the Senate. This bill will get filibustered if Reconciliation is not used which will require 60 votes in the Senate which will definitely kill the bill.

Again, no Republicans or moderate Democrats will vote for this bill. They shouldn’t. We can’t pay for it, it’ll raise inflation again because money will need to be printed and it has more fat than a pregnant sow.

Again, the government should just stay out of the economy and let it grow naturally. All they can do is screw it up.

https://www.wsj.com/articles/mcconnell-credits-biden-for-infrastructure-breakthrough-dismisses-trump-criticism-11628672401?mod=hp_lead_pos3
https://apnews.com/article/joe-biden-business-bills-38b84f0e9fcc8e68646eedf6608c4c70
https://www.foxnews.com/politics/manchin-budget-reconciliation-democrats-spending-plan-serious-concerns
https://www.wsj.com/articles/senate-moves-to-pass-democrats-3-5-trillion-budget-blueprint-11628631042?mod=politics_lead_pos1
https://www.wsj.com/articles/democrats-budget-plan-what-11626301275?mod=article_inline

 

Speaking of That

Inflation went up 5.4% in July. That’s down from 5.9% in June. This is basically due to the delta variant of the China virus. The economy is cooling a bit. This won’t last though since the delta variant seems to be peaking right now and infections should start to go down next month.

All I know, my gas prices have gone up .10 cents this week and steak is still $100 for a pack of four.

https://www.wsj.com/articles/us-inflation-consumer-price-index-july-2021-11628633099?mod=hp_lead_pos1

 

Speaking of That Again

Speaking of gas prices, they are going to go up again.

The White House is asking the Organization of Petroleum Exporting Countries (OPEC) to increase their production of oil. According to the Wall Street Journal:

National security adviser Jake Sullivan said in a statement that recent planned production increases by the Organization of the Petroleum Exporting Countries would “not fully offset previous production cuts” made by OPEC and its oil-producing allies during the pandemic.

“At a critical moment in the global recovery, this is simply not enough,” Mr. Sullivan said. 

Yeah. OPEC is wondering why there is such a need for more oil from a President that demonizes oil. A Saudi oil official said:

“Isn’t [Biden] about climate change and the impact of oil on the environment? How come now they are asking for more?”

Great question. OPEC said they would not raise production because of the delta variant. They’re afraid the will produce too much, lowering prices and production then there will be a shortage when the economies through the world start demanding oil, leading to spiking prices. OPEC wants to keep prices and inventories stable.

Republicans are asking some great question too. They are asking why Biden destroyed the oil industry in this country. He killed the Keystone Pipeline and cancelled oil contracts on federal lands. Don’t forget, under the Trump administration, not only was the United States energy independent, we were exporting oil.

So good job Joe. Can’t wait to be paying $5 a gallon at the pump by the end of the year.

https://www.wsj.com/articles/white-house-urges-opec-to-boost-oil-production-amid-covid-19-recovery-11628688236?mod=hp_lead_pos2

 

Tough Time in Chi-Town

Wasn’t a great weekend in Chicago.

There were 73 shootings and 11 people killed including 3 year police veteran Ella French. Her partner was critically wounded and remains in the hospital. French was 29 years old and has a two month old baby at home. The two police officer were shot performing a routine traffic stop.

Two men were arrested. Both had long and violent criminal records.

The horrid mayor of Chicago said on Twitter:

“Today is an official day of mourning for the city. We lost a young officer. I offer my condolences to her mother, brother, family, and friends. Please keep this officer, the officer in the hospital, and CPD in your prayers.”

“Some say we don’t do enough for the police. Others say we do too much. All of this must stop. We have a common enemy: it’s guns & the violence they bring. Two young people did what we asked of them: service over self. And one paid with her life.”

Couple of things here:

• Chicago has some of the most stringent gun restriction in the country.
• It’s tough for non-felons to get guns in Chicago much less an open carry permit.
• These guys were felons. They were breaking the law for having guns.
• She doesn’t blame the criminals or her stupid policies. She blames guns. Inanimate objects. Is she going to throw the gun in prison?

Later, she spoke on a local news station and said:

“There are some who say that we do not do enough for the police and that we are handcuffing them for doing their jobs. There are others who say we do too much for the police and that we never hold them accountable for what they do particularly in Black and Brown neighborhoods. But to all of this, I say, ‘stop, just stop.’ This constant strife is not what we need in this moment.

“Of course we need to continue the journey to achieve constitutional and accountable policing. That cannot be a debate at this point. But let me also reiterate what I’ve said before and what I know to be true. The police are not our enemies. They’re human, just as we are. Flawed, just as we are. But also risking their lives every day for our safety and security.”

This is a crappy statement because she’s equating the police with crime and racism. She’s also stating that those who believe the police are bad have a great argument. That’s just not the case. Statistic, polls and common sense show that.

Well, the Chicago Police Department didn’t appreciate it. When she went to the hospital to see the officer who was there, ten police officers turned their backs on her has she walked through the lobby.

The police have no confidence in her and neither should any Chicago native. She also refuses to acknowledge that her policies and years of demonizing the police are putting police officers in danger.

The broad needs to find a job at Costco and get out of the government.

https://www.dailywire.com/news/chicago-mayor-blames-guns-after-female-police-officer-fatally-shot-during-traffic-stop

 

Tik Tok

Unfortunately this is becoming a very common issue with our children. And this gal is a child. Listen:

So get out you cancerous fool pic.twitter.com/Tx4bjsyzdX

— Libs of Tik Tok (@libsoftiktok) August 11, 2021

Here’s the thing:

• This gal is no world traveler if she thinks other countries are awesome. I have a bunch of other countries and have yet to see one that is better than this one.
• She should give examples of countries she’s been to.
• I doubt she’s ever been to :
  • China.
  • Venezuela.
  • Cuba.
  • Russia.
  • North Korea
• I doubt this gal was ever even in Mexico. There is no way Mexico is better than the United States.
• Heck Australia and New Zealand are crappy countries compared to the United States.
• This gal is probably for open borders. Why wouldn’t she want to borders closed as not subject the culture of the United States to all those illegally crossing.
• Mind you she’s doing this Tik Tok video using a $1000 piece of technology created in the United States.
• I wish the kids, when they turn 18, would move to some of these countries that they think are so great. Bet none of them move Somalia or China.