Old Joe's approval ratings have hit a new low, down to 41% less than a year into his term. Two more percentage points and he'll be in the 30s --- French president territory. This government is on the verge of collapse.
Meanwhile, President Trump has just started airing a new series of ads intended to erode confidence in the Biden regime and drive down its approval further.
Pack Rat wrote:if it quacks like a duck and walk like a duck, it's still fascism
Fed will continue pumping more into the economy till at least the end of the year. Inflation to rise to between 6 and 9 percent by the end of year. Economy to continue to slow. Very interested in watching gas prices in the next few months. Higher energy prices will act like a break on the economy. The XL pipeline will be sorely missed.
But pipeline advocates aren't really concerned about what's best for the U.S. At least one oil company backing the pipeline, Valero, has made it clear that its main goal is to reach growing foreign diesel fuel markets. Port Arthur, TX, where the Keystone XL would end, is a Foreign Trade Zone. That means oil companies would avoid paying U.S. taxes on oil that is imported from Canada, refined in Texas, and then exported to China, Latin America, or Europe. The American people get to assume all of the risk, but would see none of the benefits, not even the tax revenues.
“Life is a shipwreck, but we must not forget to sing in the lifeboats.” ― Voltaire
But pipeline advocates aren't really concerned about what's best for the U.S. At least one oil company backing the pipeline, Valero, has made it clear that its main goal is to reach growing foreign diesel fuel markets. Port Arthur, TX, where the Keystone XL would end, is a Foreign Trade Zone. That means oil companies would avoid paying U.S. taxes on oil that is imported from Canada, refined in Texas, and then exported to China, Latin America, or Europe. The American people get to assume all of the risk, but would see none of the benefits, not even the tax revenues.
"The pipeline would raise gas prices across the Midwest -- hurting both consumers and businesses. Ironically, the pipeline could actually destroy more jobs than it generates."
Ironically, gas prices are HIGHER now across the Midwest -- hurting both consumers and businesses.
HitRed wrote:"The pipeline would raise gas prices across the Midwest -- hurting both consumers and businesses. Ironically, the pipeline could actually destroy more jobs than it generates."
Ironically, gas prices are HIGHER now across the Midwest -- hurting both consumers and businesses.
Which, as I explained last week, has less to do with supply and is more to do with the sudden increase in demand as the pandemic ends and people are taking trips that they put off for two years. The highway is a nightmare right now -- traffic levels are fully up to pre-pandemic levels. But not only are people taking more trips than before, they're taking longer trips. I know people who haven't left town in years, and have suddenly taken it into their head to go visit relatives on the East Coast, just because they suddenly can.
If gas prices went up to the point of actually discouraging people from traveling, that would be good for the environment, at least. But we're a long, long way from that point. Right now the gas prices are just enough to make people bellyache, without actually making them change their behaviour in any way.
“Life is a shipwreck, but we must not forget to sing in the lifeboats.” ― Voltaire
If the oil companies could make enough profit the XL pipeline would have been built like the thousands of existing pipelines were.
To think it's a political issue would be naive, even if you ignore the fact, neither of the last two supposedly opposing president's got it started.
First one pandered to people that don't like it, pretending to block it. The next one pandered to people who think it would put everyone GM laid off back to work, pretending to support it.
President Biden is pandering to whomever he's told to.
Wait until you see gas prices next year. They will blame the hurricane currently blowing through Louisiana.
HitRed wrote:"The pipeline would raise gas prices across the Midwest -- hurting both consumers and businesses. Ironically, the pipeline could actually destroy more jobs than it generates."
Ironically, gas prices are HIGHER now across the Midwest -- hurting both consumers and businesses.
Which, as I explained last week, has less to do with supply and is more to do with the sudden increase in demand as the pandemic ends and people are taking trips that they put off for two years. The highway is a nightmare right now -- traffic levels are fully up to pre-pandemic levels. But not only are people taking more trips than before, they're taking longer trips. I know people who haven't left town in years, and have suddenly taken it into their head to go visit relatives on the East Coast, just because they suddenly can.
If gas prices went up to the point of actually discouraging people from traveling, that would be good for the environment, at least. But we're a long, long way from that point. Right now the gas prices are just enough to make people bellyache, without actually making them change their behaviour in any way.
This. All of it.
It's not just gas prices. The market is complete ass. Wood, metal, and f*ck all else skyrocketed. The housing market is also a nightmare.
It's because of the shutdown. Like... put away your tinfoil hats please.
Dukasaur wrote:
saxitoxin wrote:taking medical advice from this creature; a morbidly obese man who is 100% convinced he willed himself into becoming a woman.
Your obsession with mrswdk is really sad.
ConfederateSS wrote:Just because people are idiots... Doesn't make them wrong.
This is the most dramatic decline of approval of any president since polling began -- including Trump.
Meanwhile, the Grand Jury is still considering Special Prosecutor Durham's report. Once the indictments get issued that should be enough to push Old Joe into the 30s.
Pack Rat wrote:if it quacks like a duck and walk like a duck, it's still fascism
It doesn't matter what Joe does, the media tries to make him look good. When he's doing the work of the globalists to create another excuse to flood Europe with terrorists and create even more division. The globalists love constant wars in the middle east.
As Biden's popularity plummets and his government hangs on by a fraying shoestring, the hot new chant at college football games across the country is "f*ck Joe Biden!"
Meanwhile, a major protest is planned outside the Capitol on September 18 - the day before the House of Representatives returns from its summer recess - in support of Biden's political prisoners; the Trump supporters unjustly detained for peacefully protesting on January 6.
In related news, Canada's ruler, the aging Justin Trudeau, was publicly stoned this weekend. Not Vancouver style stoned; Kabul style stoned.
In the U.S., temporary White House occupant Old Joe is facing catastrophic polling ratings and profane chants at football games.
In Canada, the aging Trudeau is booed and stoned in the street, forced to flee from his own citizens as his thugs desperately tried to hold back the angry mob.
And today, in Brazil, hundreds of thousands rallied to support President Bolsonaro and called for the Chamber of Deputies to be dissolved. President Bolsonaro was visited on the eve of the rally by President Trump's personal emissary Jason Miller and inspected the rally from a Brazilian Army chopper.
Pack Rat wrote:if it quacks like a duck and walk like a duck, it's still fascism
The United States of America is about 30 days away from defaulting on its sovereign debt for the first time since 1788. (IIRC that was during Biden's first term in the Senate.)
Old Joe - making history and taking the entire country down with him!
Yellen reiterated that lawmakers have until some point in October before the department exhausts its extended efforts to prevent what would be a historic default. "A delay that calls into question the federal government's ability to meet all its obligations would likely cause irreparable damage to the U.S. economy," Yellen wrote.
saxitoxin wrote:The United States of America is about 30 days away from defaulting on its sovereign debt for the first time since 1788. (IIRC that was during Biden's first term in the Senate.)
Old Joe - making history and taking the entire country down with him!
Yellen reiterated that lawmakers have until some point in October before the department exhausts its extended efforts to prevent what would be a historic default. "A delay that calls into question the federal government's ability to meet all its obligations would likely cause irreparable damage to the U.S. economy," Yellen wrote.
My first reaction is that this is typical mismanagement by politicians in the USA of the the Federal Budget and the Economy (as a consequence). But, as I recall, this threat of a loan default came up within the past 12-15 years and a continuing resolution was passed to avert that crises. Things have not changed much since. Nothing New here, either.
Democrats can share in the blame for this mismanagement with their Republican counter-parts in the US Congress. And nearly every recent US President has HUGE budget deficits and ADDS to the National Debt. And WHO was the LAST US President to BALANCE the Federal Budget? I will let others look it up.
Last edited by jusplay4fun on Wed Sep 08, 2021 7:36 pm, edited 1 time in total.
Despite having the media crowing his name and the "shy Trump voter" effect that causes Republicans to calibrate their responses to polls, Biden now has lower approval ratings than Trump at the same time ...
In a poll conducted September 2-6, 2017, 40% approved of the way Trump was handing his job and 52% disapproved.
This government may not last until the end of the year. The polls are low enough now that the opposition could just take control, by hook or by crook. Every day Old Joe remains resident in the White House is a day of borrowed time.
Pack Rat wrote:if it quacks like a duck and walk like a duck, it's still fascism
This was the moment Biden literally started yelling at two squirrels during the 9/11 ceremony.
This would be funny if he wasn't the sole and unilateral commander of 4,000 nuclear weapons on hair trigger alert. This geriatric presidency is becoming more terrifying by the day.
Pack Rat wrote:if it quacks like a duck and walk like a duck, it's still fascism
less than a year into his term. Two more percentage points and he'll be in the 30s --- French president territory. This government is on the verge of collapse. 
