Monday, October 10, 2022

BIDENOMICS - DESTROYING AMERICA - The Coming Retirement Crisis Will Wipe Out Millions Of American Families

 





IT'S  UGLY, WHAT JOE BIDEN HAS DONE TO AMERICA AND HE ISN'T FINISHED!



THE PARASITE GAMER LAWYER CLASS   -  DESTROYING AMERICA AND GETTING

FILTHY RICH DOING IT!
“Protect and enrich.” This is a perfect encapsulation of the Clinton (LAWYERS) Foundation and the Obama (LAWYERS) book and television deals. Then there is the Biden family (LAWYERS) corruption, followed closely behind by similar abuses of power and office by the Warren (LAWYER) and Sanders families, as Peter Schweizer described in his recent book “Profiles in Corruption.” These names just scratch the surface of government corruption.                              BRIAN C JOONDEPH

https://www.youtube.com/watch?v=QxECQyrWoSQ


The Democrats Wrecked My Retirement



If you're fortunate enough to lead a reasonably normal American life, things go something like this: you go through school and graduate from either high school or college, somewhere in the middle of the class.  You get a job, move out on your own, and meet your eventual spouse.  You marry, have a family, and work at a series of jobs to support yourself and others.  With any luck, you like (or at least tolerate) your chosen profession and derive a reasonable degree of satisfaction from having done pretty well.  Then, at some point in your 60s, you retire, with the expectation that your so-called golden years will be a 15- or 20-year span characterized by decent health; minimal financial pressures and obligations; and a general enjoyment of a more relaxed, leisurely pace.  Maybe there will be a few long-delayed material indulgences thrown in.  What the heck — you've earned those, right?  This is all the retirement that any of us really wants.

This describes me fairly well.  After having spent my working career in the consumer electronics and musical instrument industries in marketing, product development, and engineering management, I retired two years ago.  (By the way — if you need someone to design some killer new speakers for your stereo rig or play smokin' jazz drums at your daughter's wedding, I'm your guy.)  I was really looking forward to relaxing and enjoying my retirement, but the Democrats have ruined those plans.  I only get one retirement — just this one — and the Democrats have wrecked it.

Since I retired in 2020, this is what has happened, all courtesy of the Democrats:

COVID

Whether it was a legitimate mistake from sloppy lab practices in Wuhan or a deliberate plot by Communist China to upset the Western world or something else altogether, it descended upon the world like a ton of bricks dropped from the back of a huge construction dump truck.  Worldwide panic ensued.  The Democrats, utterly horrified that everything — everything — was going so well under President Trump that he'd easily win re-election that year, took advantage of the COVID scare to rewrite the presidential election voting procedures and execute their elaborately designed fraud plans.  Drop boxes, mail-in/absentee ballots that weren't cross-checked for proper signature ID, Democrat state legislatures illegally changing the voting deadlines to make post-election vote manipulation that much easier, etc. — all manner of voting fraud was committed under the guise of "COVID" and "public safety."  That ruse, the most blatant, damaging election gambit in American history, gave us this blitheringly incompetent, ideologically driven Biden administration.

Inflation

Biden printed billions of dollars to spread around and bribe voters, calling it "COVID relief," and paid people to stay home and not work.  Now, under Biden, we have 8–9% inflation and a labor participation rate that is the lowest it's been since the 1970s.  Prices are out of sight.  The supply chain has collapsed, and shortages of household staples have become so commonplace that it's just an accepted way of life in 2022.  The administration puts forth an abomination deceitfully labeled the "Inflation Reduction Act," knowing there is not one single thing in that bill that is intended to reduce inflation.  Now the Fed is raising interest rates to try to calm inflation.  In order for that to work, it has to crush consumer demand so suppliers will reduce their pricing in order to entice a weak and shrinking pool of customers to buy something.  Nice going, Joe.  My favorite salad dressing is hardly available these days because of supply shortages, and when I can find it, it's nearly double in price.

Shut Down Oil/Gas Industry

On Day One, Biden cut the legs out from under American energy independence.  Oil, gasoline, and natural gas prices skyrocketed.  Why did the administration do this?  Because they think it's cool and woke to be Green.  The Squad likes Green, and the administration wants to be "in" with that ilk and with the extreme voters who support that.  Green energy and renewables can't come close to supporting our energy needs and won't for the foreseeable future.  Remember, Biden, Pelosi, Kerry, Obama, Gore, etc., etc. — none of them lives by Green rules.  But they expect you to.  All I know is, now that I'm a retiree, gasoline has gone from $2.11/gallon to $3.76/gallon.  And it'll be back over $4.00/gallon shortly, as soon as Biden's game-playing with the Strategic Petroleum Reserve runs out of tricks.  And we just got a letter from our electric company — in November, the rate per/kWh will double.  Double, just like that, for no reason.  Bad enough as a retiree.  Good thing I don't own a small business operating on a tight margin, like a restaurant or bakery or hair salon.

Unstable Foreign Policy

Biden is a weak, befuddled old man, clearly not in any semblance of control of his rapidly diminishing faculties.  You can practically hear our overseas adversaries licking their chops as they run roughshod over the remaining elements of proper international behavior and decorum, totally confident that the frighteningly senile Biden will not do anything to oppose them.  Would Putin have invaded Ukraine and be threatening the world with nuclear war were President Trump still in office?  Would Communist China be saber-rattling over Taiwan?  Would North Korea have resumed test-firing ballistic missiles?  Would Iran be shamelessly flaunting its nuclear progress?  Of course not.

All of the above has so rattled the investment markets (the Democrats can't fool the markets with their bogus smoke and mirrors) that the major indices have lost trillions (with a "T") of dollars in value.  Retirement accounts are in a shambles.  Two short years ago, things looked great.  Now there's a financial/investment canyon that will likely take ten years to recover from.  People in their mid- to late 50s will have to work much longer than they planned.  New retirees feel as if the rug has been pulled out from beneath them.

I'm just like millions of other Americans: I played by the rules, I worked hard for forty-plus years, I did right by my family, and I was a solid member of my community.  All I wanted was the modest retirement I had planned for.  But the Democrats wrecked it.  On purpose, and I'm mad as can be.

Image via Max Pixel.


Running the World into the Ground

The actions of the people who are in charge of governments are supposed to benefit the countries they serve -- in theory, at least. In practice, the opposite is true. In the West, our leaders are destroying everything they can get their hands on.

This is certainly an apt description of the Biden/Harris administration. They inherited a healthy country from President Trump. The economy was taking off, inflation was practically nonexistent, the U.S. was energy independent for the first time in decades, and the border was closed. So what did Biden do? He immediately set out to reverse everything Trump achieved.

Who can claim to be better off under Biden? The economy has tanked, inflation is at a 40-year high, people can’t afford to heat their homes or fill up their cars with gas, crime statistics are off the charts, and confidence in America is at an all-time low. Biden’s open-border policy, which is opposed by a majority of American citizens, is leading to social unrest and economic chaos. A country without a functioning border is not a country, yet that is where Biden has taken us.

America is marching toward totalitarianism as Biden empowers the DoJ and FBI to go after his political opponents, i.e., at least half of the population. His worst offense, however, is following the climate dictates of the World Economic Forum. Biden is torpedoing the robust U.S. economy in service of a totally false assumption -- that human beings are able to change the planet’s climate. He is raising taxes so that billions of your dollars can be wasted on ridiculous anti-fossil fuel projects.

Biden has declared war on the energy industry in the name of global warming. He wants us to believe that oil, gas, and coal are killing the planet. What is the result of his climate policy so far? “Harvesting of fuel was cut back drastically,” explained Bill O’Reilly, “and that caused the price of oil worldwide to rise, and that caused the price of gas at the pump to rise, and that lit inflation, as all other goods went up in price as well because they are trucked in to the stores and businesses. That is all on President Biden.”

First, human beings are incapable of controlling the climate, which operates in cycles and always has since the planet was created. Second, our economy is dependent on fossil fuels, and -- contrary to the lies fed by the administration -- fossil fuel alternatives do not exist, and will not exist in the foreseeable future.

Climate Change Business Journal quantified the cost to the U.S. of the green agenda at a whopping $1.5 trillion per year. That is the equivalent of economic suicide. And what do we get for this waste of time, money, and effort? Danish environmentalist Bjorn Lomborg calculates that even if every nation in the world adheres to its climate change commitments -- which they won’t, by the end of the century it will reduce the world’s temperatures by a mere 1/20th of a degree. In other words, the quality of our lives is going to plummet based on a monumental hoax.

If Biden gets away with his green policy, it will play right into Obama’s socialist dream of fundamentally transforming America. Under the guise of responding to climate change, the Left wants to take what we have and redistribute it to the Third World even if it means crippling the U.S. economy. Rampant crime, insane immigration policy, assault on individual rights, suicidal climate dictates -- Americans are being sold out by the politicians in charge, who happen to be members of the Democratic Party.

Now let’s talk about our friends in Europe. The criminal politicians who are in charge on the other side of the Atlantic are no better than their American counterparts. Europe’s social fabric was destroyed when Angela Merkel decided to open Germany’s borders to an onslaught of immigrants from the Middle East and Africa, most of whom are either unwilling or unable to assimilate into European culture. Other countries followed Merkel’s deranged example. The appalling result is that France, the U.K., Holland, Belgium, Denmark, and Sweden are on the verge of civil war as they struggle to deal with hostile Muslim newcomers.

The takeover of Europe by Islam was predicted by Mark Steyn in his 2008 book, America Alone: The End of the World as We Know It. “What happens,” Steyn asked, “when a Western world so in thrall to platitudes about boundless ‘tolerance’ allows the forces of intolerance to carve it out from the inside? Much of the Western world is engaged in an act of auto-genocide, and Islam will be the immediate beneficiary.” European politicians have opened the doors to people who are opposed to the Western way of life and whose mission is to stamp it out.

On the economic front, European leaders have, like Biden in the U.S., succumbed to the delusional World Economic Forum. In a mad rush to eliminate reliance on fossil fuels, European economies are going into the winter without adequate energy supplies. The poor citizens of the continent are being told to anticipate blackouts and food shortages. They are about to discover that without fossil fuels, their way of life is going to hell.

What recourse do we voters have against the irresponsibility of political leaders who are obsessed with the lure of power? Is it too late to stop them? In the U.S., we have the possibility of Republican resurgence in the 2022 and 2024 elections. We need Donald Trump or someone like him to execute a return to sane policymaking. I’m counting on it. The alternative is just too bloody awful.

Ed Brodow is a conservative political commentator and author of nine books including his new #1 Amazon besttseller, America on its Knees: The Cost of Replacing Trump with Biden. His website is www.edbrodowpolitics.com.


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