THERE IS NOTHING NEW GOING ON HERE. JOE BIDEN HAS ALWAYS BEEN A SLUT FOR BIG BANKSTERS. THAT IS WHY BARACK OBAMA CHOSE HIM TO BE V.P. OF THE BANKSTER REGIME OF LAWYER BARACK OBAMA, LAWYER JOE BIDEN, LAWYER ERIC HOLDER. ALL RENT BOYS FOR BANKSTERS! THE OTHER BANKSTER-OWNED SLUT, CHUCK SCHUMER IS RIGHT IN THERE WITH THE WORST OF THEM!
As the Wall Street Journal editorialized, “Behold Big Business colluding with Big Government to grab subsidies and raise consumer prices,” a form of “corporate socialism, or state capitalism.” This unholy alliance calls to mind the “military-industrial complex” Dwight Eisenhower warned about in 1961, a warning still pertinent today.
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Chris Hedges | NAFTA, Clinton, and Obama BETRAYED Americans... and Joe Biden was right there with the worst of them!
Rep. Byron Donalds: Biden’s WH Knows Massive Spending Hurts Seniors and Low-Income Americans – ‘They Just Don’t Care’
By Craig Bannister | August 12, 2021 | 10:43am EDT
“Does the White House not understand economics, or do they just not care?” Fox & Friends First asked Rep. Byron Donalds (R-Fla.) on Thursday.
“Oh, they just don’t care. They’ve heard the reports. Look, even CNN has put out reports concerned about this massive spending, what’s it’s going to cost, for inflation,” Rep. Donalds replied.
Spending like the Democrats’ $1.2 trillion “infrastructure” bill and $3.5 trillion budget resolution are great for politicians and government contractors – “It just sucks for everybody else,” especially seniors and low-income Americans, Rep. Donalds said:
“The only people that are winners are the politicians in D.C. and some of the favored hands that get these contracts. That’s about it. It’s the American people that suffer, because Joe Biden has no idea – frankly, because he’s never had a job a day in his life – what the impact is when you spend this kind of money this fast, throwing it into an economy that’s already overheated, because they have too many people staying at home, not enough work – all by design.
“It is the American people who are going to suffer. It’s going to be seniors who are going to suffer. It’s low-income Americans who are going to suffer.
“But, if you’re on the Beltway, or you’re a politician, oh, this is great for you. This is a good plan for you – it just sucks for everybody else.”
“It’s this kind of economic idiocy that the White House knows is going on, but they’re busy playing politics. They’re busy paying back the people that helped them get into office,” Rep. Donalds said.
Producer Price Index Shows Bidenflation Is Not Going Away
U.S. producer prices jumped much higher than expected in July, suggesting inflation could remain higher than anticipated by the Biden administration and Federal Reserve officials.
The Bureau of Labor Statistics’ Producer Price Index rose one percent compared with June, matching the June rise and outpacing the 0.6 expected. Compared with a year ago, the index is up 7.8 percent, the biggest annual increase in decades.
Excluding food and energy, PPI rose by one percent on a monthly basis and 6.2 percent on an annual basis. Excluding food, energy, and trade services, pries rose nine-tenths of a percentage point and 6.1 percent compared with a year ago.
In other words, instead of cooling off, inflation continued to sizzle in July.
Democrats: Passage of Infrastructure Bill Is Step Toward Massive Amnesty
Senate and House Democrats are relishing in the passage, with the help of 19 Senate Republicans, of a so-called bipartisan infrastructure bill which they see as a building block toward a massive amnesty plan for millions of illegal aliens.
On Tuesday, in a 69-30 vote, 19 Senate Republicans joined all 50 Senate Democrats to pass the Infrastructure Investment and Jobs Act, which does not include a provision to ensure American infrastructure jobs go to American citizens rather than illegal aliens.
Those 19 Senate Republicans include:
Dan Sullivan (R-AK), Shelley Moore Capito (R-WV), Mike Crapo (R-ID), Roy Blunt (R-MO), Richard Burr (R-NC), Deb Fischer (R-NE), Lindsey Graham (R-SC), Rob Portman (R-OH), Thom Tillis (R-NC), Lisa Murkowski (R-AK), Jim Risch (R-ID), Chuck Grassley (R-IA), Bill Cassidy (R-LA), Kevin Cramer (R-ND), Roger Wicker (R-MS), Mitch McConnell (R-KY), John Hoeven (R-ND), Susan Collins (R-ME), and Mitt Romney (R-UT)
Now, House and Senate Democrats are saying the passage of the infrastructure bill is vital to passing their $3.5 trillion budget resolution which, among other things, would give amnesty to millions of illegal aliens enrolled and eligible for the Deferred Action for Childhood Arrivals (DACA) program, foreigners with Temporary Protected Status (TPS), those working on farms, and those considered “essential” workers.
The amnesty would cost American taxpayers around $107 billion, though the cost in depressed and lost wages for the nation’s working and middle class would likely boost that estimate significantly.
On August 9 on the Senate floor, Senate Majority Leader Chuck Schumer (D-NY) made clear to Senate Republicans that Democrats’ end goal was to pass the infrastructure bill to then pass the multi-trillion dollar budget with amnesty.
“As we move forward, we’re proceeding on both tracks — the track of the bipartisan infrastructure proposal and the track of the budget resolution with reconciliation instructions,” Schumer said.
Sen. Jim Banks (R-IN), chairman of the Republican Study Committee, warned Senate Republicans that by withholding votes for the infrastructure bill, the GOP was also stopping in its tracks the Democrats’ amnesty plan.
Rep. Ayanna Presley (D-MA) suggested in an interview with National Public Radio that she will consider voting against the infrastructure bill unless the Senate passes the Democrats’ budget resolution with amnesty:
What progressives have been clear about since day one, as has President Biden, as has Democratic leadership, is that any vote on the narrow bipartisan infrastructure package must also come with a movement on a massive investment in tandem for workers and families.
“And that’s care economy, housing, combating climate change, and a pathway to citizenship for millions of our immigrant neighbors,” Presley continued.
Similarly, Sen. Alex Padilla (D-CA) said Senate Democrats would “continue our work to deliver even bolder investments in child & elder care, immigration, and climate action” after passing the infrastructure bill.
House Speaker Nancy Pelosi (D-CA) solidified on Wednesday that the infrastructure bill is directly tied to Democrats’ budget framework with amnesty, telling the media that she will not allow a vote in the House on the infrastructure bill until the Senate passes the budget.
“The votes in the House and Senate depend on us having both bills,” Pelosi said.
Already, Pelosi is facing backlash from her caucus with swing district House Democrats asking her to untie the infrastructure bill from the Democrat budget with amnesty.
“This is part and parcel,” Sen. Bill Hagerty (R-TN) told SiriusXM Patriot’s Breitbart News Daily. “It’s a two-part plan to transform America, as Bernie Sanders has said. He’s been the author of this, and what we’re seeing is the actual realization of Joe Biden’s promise during the campaign to transform America.”
Hagerty, along with 29 other Senate Republicans, voted against the infrastructure bill.
John Binder is a reporter for Breitbart News. Email him at jbinder@breitbart.com. Follow him on Twitter here
Scalise: Infrastructure Bill Tax Hike Will ‘Kill Middle-Class Jobs’
House Minority Whip Steve Scalise (R-LA) on Wednesday shared his criticism of the so-called bipartisan $1 trillion infrastructure package that is linked to the Democrats’ $3.5 trillion spending bill.
Scalise warned on Fox Business Network’s “Mornings with Maria” that the infrastructure bill, which he argued has a lot that doesn’t pertain to infrastructure, will “kill middle-class jobs.” He warned the bill would also negatively impact inflation.
“[N]ow, we are starting to see the details, and there are a lot of things in there that people are not going to like, not the least of which is the ability for the Secretary of Transportation to start the process of imposing a per-mile car tax on every person who drives a car in America,” Scalise emphasized. “They also have hundreds of billions of dollars slush funds.”
“The big problem here, Maria, that they are going to have is that it is directly linked to that tax-and-spend bill, the $3.5 trillion budget reconciliation bill that is now moving, as well,” he added. “Nancy Pelosi has made it clear the two bills are linked together. Reconciliation, in her mind, has to pass before she even brings up the infrastructure bill, so the two are one and the same, which means over $5 trillion of new spending with taxes to go with it that would kill middle-class jobs. Joe Biden can talk all he wants about people making less than $400,000 a year. Does anybody in America think that a bill written by Bernie Sanders is going to leave your pocketbook alone? Of course, every family is going to feel the compact of it, starting with the car tax, but think of the inflation.”
Follow Trent Baker on Twitter @MagnifiTrent
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