Thursday, March 17, 2022

BloggeRhythms

Sometimes it’s hard to determine if politicians live in time warps or feel it’s somehow beneficial to insult voters intelligence. Anyone having the slightest exposure to national news, is fully aware that the very first presidential act by Biden was to proudly spread papers across his desk, brandish a pen, to cancel the Keystone pipeline and however many other U.S. oil producing capabilities were involved. Surrounded by far-left congressional members and some “Greens,” they celebrated the beginning of the end of fossil fuel use in the nation.

And now, today, Luca Cacciatore writes @newsmax.com that “Sen. Elizabeth Warren avoided blaming fallout from Russian President Vladimir Putin's invasion of Ukraine or the Biden administration's policies while discussing rising inflation Wednesday on CNBC's "The Exchange."

“The Massachusetts Democrat instead attributed skyrocketing prices around the country to the COVID-19 pandemic and companies passing costs on to consumers.

"I think the primary cause of this bout of pricing increases starts with COVID," Warren told host Tyler Mathisen.”

Biden himself said in a March 8 press briefing, “We understand Putin's war against the people of Ukraine is causing prices to rise. We get that. That's self-evident. But ... it's no excuse to exercise excessive price increases or padding profits or any kind of effort to exploit this situation or American consumers.”

Not knowing how party-focused propaganda works, one would have to guess there must be some advantage gained by promoting fictional pap when the truth is unequivocally completely different. Perhaps it’s nothing more than politico’s pandering to their base. There is certainly no mystery as to how and why inflation is currently at levels not seen since WWII, having nothing much to do with Covid-19 or war in Ukraine or anywhere else.

The way inflation works, a “wage-price spiral” is caused by the effect of supply and demand on aggregate prices. In the nation’s current case, upon taking office, Biden immediately reduced the nation’s production of oil, thereby decreasing supply, thereby increasing prices. From there, oil price increases caused increases in fuel which caused increases in transportation, increasing costs of delivered items; food, apparel, supplies of all kinds and virtually everything else hauled in a gas-powered vehicle. One could go on into the intricacies of economics, but that’s really not required. Every iota of the inflation increasing cost of living of U.S. citizens stemmed from Biden proudly killing Keystone as act one on day one of his administration.

As posted here yesterday, just as the nation’s inflationary woes were caused by a Biden pen stroke, the reversal could be initiated exactly the same way. Reopen Keystone, a symbolic gesture, back off overbearing rules and regulations, convince drillers they won’t be curbed again by any kind of legislative surprise or return to a completely anti-fossil fuel agenda. Upon removal of legislative fears, a return toward production normalcy would begin virtually instantaneously.

Also as posted here yesterday, whereas Biden is completely, totally, undoubtedly self-serving, it’s expected he’ll turn the nation’s oil spigots back on as soon as he finds the most personally beneficial way to do it.

In Warren’s case, she can keep appealing to the 8% of voters who are either determined to undermine the nation or dumber than cinder blocks. Either way, she herself remains worthless, proving the point every time she opens her mouth.

That’s it for today folks.

Adios

PS: The Bronx barmaid in congress received results from her IQ test. They were negative.  

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