America Faces No Greater Threat Than Joe Biden and the Democrat Party. Their Assault to Our Borders Is As Great As Their Assault to Free Speech and Free Elections
Tuesday, August 9, 2022
BLACKROCK'S GAMER LAWYER IN THE WHITE HOUSE BRIAN DEESE - WE NEED 'SECURE ENERGY' SO JOE CAN HAND IT TO RED CHINA AND HUNTER GETS HIS PAYCHECK
OTHER THAN RED CHINA, NO ONE OWNS A BIGGER PIECE OF JOE BIDEN THAN HIS CRONIES AT BLACKROCK!
THE DEMOCRAT PARTY'S MAKE CHINA GREATER
15 Mind-Blowing Facts Which Prove China Is Completely Crushing America
As the Chinese economy continues to expand at an exponential rate, the era of American economic dominance is rapidly ending. According to the IMF's measure of purchasing power, the eastern superpower is already the world's largest economy. China also accounts for more total global trade than the U.S. does, and is the world's largest manufacturer. Experts estimate that the Chinese economy will surpass the U.S. economy before the end of this decade, and it will become three times bigger by 2040. Meanwhile, America is now headed to another recession, our standards of living are steadily falling and our major cities are crumbling at an alarming pace. If we continue down this path, the future of the next generation of Americans will be extremely bleak. Unfortunately, things are changing at a pace that is much faster than most people ever thought possible.
In one decade, the average household income in China has increased by over 400%. The Chinese economic boom has helped to raise living standards for the working class. From 2002 to 2012, China's average household income rose from $987 per year to $4,873, an increase of over 400%. By 2021, that figure was up to $10,200, more than double the 2012 average. Meanwhile, household income has flatlined in America, rising 41% from 2000 to 2020, according to Pew Research Data.
Even though China has a much bigger population than the U.S., it has fewer poor people than America. Globally, the World Bank poverty line is an income of $1.90 per day. By 2019, only 0.7% of the Chinese population were at or below the poverty level, meaning that about 9.9 million people lived in poverty out of a population of 1.35 billion. In comparison, in the U.S., 12.3% of the population falls below the national poverty line. That means over 39.7 million Americans are living in poverty.
In the last 15 years, America has lost more than a quarter of its high-tech manufacturing jobs to China as U.S.-based multinational companies placed a growing percentage of their research-and-development operations in the Eastern nation. Over that span alone, the number of high-tech manufacturing jobs in the United States has declined by 687,000, or 28 percent. Meanwhile, U.S. economic growth will slump this year and it will be even slower in 2023, according to a new study from the Organisation for Economic Co-operation and Development. The OECD estimates that U.S. GDP growth will slow to 2.5 percent in 2022 and fall to just 1.2 percent in 2023. By contrast, the OECD report said China's GDP will grow 4.4 percent this year and 4.9 percent in 2023.
Everywhere you look, China is gaining dominance and America is in decline. The United States is going to have to put itself together if it wants to have any hope of competing with the Chinese in the future. At this point, we can only hope that our leaders start coming up with some solutions soon because we are running out of time. That's why today, we compiled some eye-popping stats that show just how rapidly the Chinese economy is overcoming ours.
For more info, find us on: https://www.epiceconomist.com/
And visit: http://theeconomiccollapseblog.com/
THE ENTIRE BIDEN FAMILY IN BED WITH RED CHINA
Jesse Watters: Joe Biden just proved he's compromised
The author of Red-Handed: How American Elites Get Rich Helping China Win, explained, “This started out as a Hunter Biden story and is now with Joe Biden story. He is at the center. He is the planet which the moons in the family Hunter Biden and James Biden revolve.”
For those wondering why Joe Biden is soft on China, consider this never-before-reported revelation: The Biden family has done five deals in China totaling some $31 million arranged by individuals with direct ties to Chinese intelligence — some reaching the very top of China’s spy agency.
Joe Biden collects $400,000 a year in salary as president. According to the New York Post, Biden and his family have collected $31 million from China. Jesus said we cannot serve two masters. If Biden has collected $31 million from China, that raises the question: what do the Chinese want in return? Does that $31 million make China his biggest concern? Could it be that his primary job is serving the interests of China, while his role as president is a moonlighting gig?
DO A SEARCH FOR WAR PROFITEER DIANNE FEINSTEIN AND RED CHINA!
BIDEN KLEPTOCRACY
RIDING THE DRAGON: The Bidens' Chinese Secrets (Full Documentary)
American people deserve to know what China was up to with Joe Biden, especially when Beijing had already shelled out millions of dollars to Biden family members — including millions in set-asides for “the big guy.” What else is on that infamous Hunter Biden laptop? The conflicted Biden Justice Department cannot be trusted to engage in any meaningful oversight on this issue. We need a special counsel now.
The Biden family's corruption 'spans the globe': Schweizer
Biden, the frontrunner among 2020 Democrats, often touts his middle-class bonafides on the campaign trail. Although Biden did not become a multi-millionaire until he left the White House in 2017, the same cannot be said of his family. In fact, several members of the Biden clan became immensely wealthy over the span of the former vice president’s 40-year political career. HARIS ALIC
WH’s Deese on Keystone XL: We Need ‘Secure Energy’ That Meets Climate Goals and That’s ‘Most Important’ Part of Inflation Reduction Act
On Tuesday’s broadcast of CNBC’s “Squawk Box,” White House National Economic Council Director Brian Deese responded to a question on the Mountain Valley pipeline as part of the deal by stating “we need a secure energy strategy” “that will actually meet our climate goals,” and that “The most important takeaway” from the Inflation Reduction Act is that it puts us in a position “where we can credibly commit that we will meet our climate goals by the end of this decade while increasing our energy security here at home.”
Co-host Kayla Tausche asked, “There are also some wins for the fossil fuel industry. Specifically, the administration has said, as part of this deal, it will work to get the Mountain Valley pipeline online as soon as possible. And it makes you wonder, Brian, if the Keystone XL pipeline ran through West Virginia, do you think it would be operational?”
Deese responded, “Look, again, I think you need to look at this bill in its entirety because we need a secure energy strategy in the United States and — that will actually meet our climate goals, and that’s what this bill will do. The most important takeaway from this bill is it will put us in the position, the United States in the position where we can credibly commit that we will meet our climate goals by the end of this decade while increasing our energy security here at home. That’s a monumental step. We have to implement it effectively. But if we can get this bill passed, we’ll be in a position where the United States can do that. And to be clear, it’s not just about what we can do here at home. It means that we will own these technologies, these clean energy technologies of the future and we will become the destination to export those technologies to other countries as well. That means more jobs, it means more resilience, and industrial strength here.”
China’s government-run Xinhua News Agency announced on Tuesday that the Communist Party would lower gasoline and diesel prices nationwide, a move following growing purchases of cheap Russian petroleum products and of American gasoline leftist President Joe Biden released from the country’s Strategic Petroleum Reserve (SPR).
“The prices will go down by 130 yuan (about 19 U.S. dollars) per tonne and 125 yuan per tonne, respectively, according to the National Development and Reform Commission (NDRC),” Xinhua reported. The communist regime outlet noted that the price drop was the fifth of its kind this year and fourth since June. The government agency announcing the move, Xinhua detailed, acted in response to a drop in international oil prices – partially fueled by a collapse in demand in China, where the Communist Party regularly, and arbitrarily, imposes sweeping Chinese coronavirus lockdowns in major cities without warning.
Xinhua did not report what gasoline and diesel prices were prior to the announced drop on Tuesday or explain how the prices per tonne are reflected in per-liter prices at the gas pump.
The announcement of a price drop for Chinese travelers — who, under the social credit system, can only drive where the government allows them to based on their loyalty to the Communist Party — stands in contrast to ongoing outrage in the United States over gas prices staying at or around $4 a gallon nationwide. The Biden administration has simultaneously attempted to court praise for keeping gas prices under $5 a gallon while arguing that high gas prices may result in more electric vehicle purchases and a more rapid transition to a “green” economy.
“Under the current pricing mechanism, if international crude oil prices change by more than 50 yuan per tonne and remain at that level for 10 working days, the prices of refined oil products such as gasoline and diesel in China will be adjusted accordingly,” Xinhua explained.
In free societies, oil product pricing changes organically in response to supply in demand. In China, the Communist Party has total control over pricing and chooses to increase or drop prices at its will, typically following the trends in international free markets.
While Xinhua claimed that government officials expected oil prices to remain “weak,” a Reuters report on Monday indicated that the Communist Party may artificially lower supply by launching “tax probes” on its refining corporations, potentially limiting refining capacity. Under dictator Xi Jinping, the Party regularly engages in purges of low-level Party officials and persecution of wealthy Chinese business leaders, who run nominally “private” companies beholden to Xi’s whims.
“The new tax investigations, expected to begin later in August per Reuters’ sources, could further put downward pressure on fuel output in China, where demand faltered at the start of the summer due to snap COVID-related lockdowns,” OilPrice.com predicted this week. “The new investigation could last for months and depress the business of independent refiners.”
China is the world’s largest importer of crude oil. Chinese companies participated in the purchase of American oil released from the Strategic Petroleum Reserve in July, Reuters reported at the time, detailing that the Biden administration had exported over five million barrels of oil to the other side of the world. Biden had announced the release of the reserve oil, meant to be used in cases of national security emergencies, as an attempt to lower gasoline prices at home. The amount of oil in the strategic reserve fell to its lowest level since 1986 in June, potentially creating a crisis for America in the event of an emergency.
“Fact-checking” websites attempted to dilute the outrage surrounding the Chinese purchases of emergency reserve oil following an outcry from Congressional Republicans and the general public, but did not deny the exports.
“About 1 million barrels of crude oil from the reserve are being made available each day for sale to the highest bidding company. Some of the companies have then chosen to export some of the oil to countries around the world, including China,” FactCheck.org confirmed.
The Poynter Institute quoted a gasoline price expert claiming that sales to China would lower gasoline prices in the United States by increasing the supply of global oil, though in a much more long-term way than simply entering the strategic reserve oil into the American market exclusively.
In addition to buying American oil, China has openly boasted of rapidly rising trade volume with Russia following European attempts to sanction Moscow over the eight-year-old war in Ukraine. The Global Times, a Chinese government newspaper, reported on Sunday that China documented a 30-percent trade increase in volume between Russia and China, much of it due to purchases of fossil fuels.
The report indicated that China purchased 247 billion yuan ($36.5 billion) in oil, mineral fuels, and asphalt products from Russia in the first half of 2022.
An American company called UniEnergy developed revolutionary battery technology that could theoretically allow a house to be powered by solar energy.
The company that made this breakthrough ten years ago is dead and gone because the U.S. Department of Energy (DOE) inexplicably gave its tech to China while preventing American companies from manufacturing it.
The astounding saga of UniEnergy and its vanadium redox flow batteries was told by National Public Radio (NPR) last week. The story began with government researchers developing a mixture of fluids that could store almost twice as much energy as existing battery technology, with very little degradation over long periods of time.
This was a crucial attribute for next-generation battery technology since the high cost of replacing degraded batteries is a major hurdle to the widespread adoption of large battery-powered equipment like electric vehicles. High-capacity and durable batteries, in turn, are essential to solar power designs because power must be stored to cover periods when the solar panels are not receiving enough sunlight.
With six years of effort and $15 million in U.S. taxpayer funding, researchers created a high-powered battery using vanadium that could last for up to 30 years. The lead scientist on the project, Gary Yang, secured a license from DOE to manufacture the batteries in 2012 and established UniEnergy Technologies.
Yang said he had trouble lining up American investors for his battery project – but Chinese money came on board thanks to businessman Yanhi Liu and his company, Dalian Rongke Power Co. Ltd.
The next part of the story should be drearily familiar to any student of Chinese technology theft: Rongke Power at first provided money for the battery project, then began handling some of the manufacturing, and soon was doing nearly all of the manufacturing. In 2019, UniEnergy told its engineers they would have to start living and working in China for four months out of each year. UniEnergy was no longer making enough batteries at its U.S. facilities to meet the terms of its DOE license.
NANTONG, CHINA – MAY 30, 2022 – Lithium battery modules are produced on an automated production line at kingfisher New Energy Technology (Nantong) Co., LTD. ‘s workshop in Hai ‘an High-tech Zone, Jiangsu Province, May 30, 2022. (Photo credit should read CFOTO/Future Publishing via Getty Images)
In 2021, Yang decided to cut American workers completely out of the equation by transferring his license to Netherlands-based Vanadis Power, which had a long-term plan to shift some manufacturing from China to Germany, and then eventually back to the United States. Vanadis executives said the German stage of this plan had to come first due to European Union (EU) manufacturing requirements.
American requirements had vanished completely from the story by this point, but in July 2021, someone from UniEnergy finally got around to telling DOE that the battery developed with American science and taxpayer funding would now belong to a Chinese company and its European partner.
NPR suspected no one bothered to tell the Biden DOE that Vanadis was not an American company and there was no evidence DOE did any diligence on the matter, even though Vanadis’ own website said its super-batteries would be made in China – and China was making a huge deal about controlling this revolutionary technology, with demonstration projects and additional research funded by the Chinese Communist government.
DOE officials admitted to NPR that they rely on “good faith disclosures” from corporations instead of doing their own research. It took DOE a grand total of ninety minutes to sign off on the transfer of UniEnergy’s license to Vanadis.
The gigantic federal agency remained comatose until another American company, Forever Technology, tirelessly badgered it into noticing that China just walked away with yet another piece of valuable American-made “green” technology.
“How is it that the national lab did not require U.S. manufacturing? Not only is it a violation of the license, it’s a violation to our country,” asked exasperated Forever Energy CFO Joanne Skievaski.
Yang’s company UniEnergy is dead and gone, its employees laid off and its facilities shuttered. Forever Energy started trying to get the vanadium battery technology license over a year ago, while Communist China was merrily cranking out batteries using the technology our federal government helpfully gave it. Dalian Rongke has become the world’s top producer of vanadium redox flow batteries, and even gung-ho Skievaski admitted it would be difficult for any American company to catch up with China’s head start.
According to NPR, the DOE finally woke up from its decade-long regulatory nap and canceled Dalian Rongke’s license after NPR bombarded the agency with questions about it.
The Chinese are, to put it mildly, highly unlikely to stop making the batteries just because the U.S. government finally got around to terminating their license. In fact, China announced a new 800-megawatt battery farm using vanadium technology in May. The co-founder of Vanadis Power, Roelof Platenkamp, was quoted in Western media coverage of the announcement, explaining how the U.S.-taxpayer-funded technology given to China works.
The Register, a technology website, noted last week that while some vanadium redox flow batteries are made in the United States, there are currently no U.S. production sites for the specific technology described in the NPR article.
Incidentally, NPR made a point of mentioning that lead battery project scientist and UniEnergy founder Gary Yang was “born in China but is a U.S. citizen and got his Ph.D. at the University of Connecticut.”
The article does not explicitly accuse Yang of working on Beijing’s behalf all along, but it does pointedly marvel at some of the strange decisions he made along the way, and Skievaski dismissed Yang’s assertion that no American company had the infrastructure to build his batteries as “hogwash.” At one point, the article quotes Yang insisting that “he didn’t send the battery and his engineers abroad to help China.”
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