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เนื้อหาจัดทำโดย Russ Andrews เนื้อหาพอดแคสต์ทั้งหมด รวมถึงตอน กราฟิก และคำอธิบายพอดแคสต์ได้รับการอัปโหลดและจัดเตรียมโดย Russ Andrews หรือพันธมิตรแพลตฟอร์มพอดแคสต์โดยตรง หากคุณเชื่อว่ามีบุคคลอื่นใช้งานที่มีลิขสิทธิ์ของคุณโดยไม่ได้รับอนุญาต คุณสามารถปฏิบัติตามขั้นตอนที่อธิบายไว้ที่นี่ https://th.player.fm/legal
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Georgia Voting Congressional Investors and Green Money

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Manage episode 290158634 series 2821002
เนื้อหาจัดทำโดย Russ Andrews เนื้อหาพอดแคสต์ทั้งหมด รวมถึงตอน กราฟิก และคำอธิบายพอดแคสต์ได้รับการอัปโหลดและจัดเตรียมโดย Russ Andrews หรือพันธมิตรแพลตฟอร์มพอดแคสต์โดยตรง หากคุณเชื่อว่ามีบุคคลอื่นใช้งานที่มีลิขสิทธิ์ของคุณโดยไม่ได้รับอนุญาต คุณสามารถปฏิบัติตามขั้นตอนที่อธิบายไว้ที่นี่ https://th.player.fm/legal

Podcast #19:

Welcome back friends to In My Right Mind with me, the Praetorian guard of conservatism, Russ Andrews. And of course, I am joined as always with the producer of In My Right Mind, the suave, svelte PJ Jaycox.

Hey PJ, we have some new hats and a new bumper sticker. The bumper sticker reads “Revoke The walking Woke.” PLS email us if you want a hat or a bumper sticker…remember the original bumper sticker for our show reads “Phock Your Face Mask”

We promised last week we would discuss the new Georgia state election laws, which the left is lying about at every turn to promote HR 1., which Lyin’ Joe Biden referred to as “un-American,” “sick,” “pernicious,” and worse: “This makes Jim Crow look like Jim Eagle. ”

WSJ: “Georgia’s new law leaves in place Sunday voting, a point of contention with earlier proposals, given that black churches have a “souls to the polls” tradition after services. The Legislature, rather, decided to expand weekend early voting statewide, by requiring two Saturdays instead of only one under current law. In total, Georgia offers three weeks of early voting, which began last year on Oct. 12. This is not exactly restrictive: Compare that with early voting that started Oct. 24 last year in New York.”

“The new law also leaves in place no-excuses absentee voting. Every eligible Georgia voter will continue to be allowed to request a mail ballot for the sake of simple convenience—or for no reason at all. Again, this is hardly restrictive: More than a dozen states, including Connecticut and Delaware, require mail voters to give a valid excuse.”

So what does the Georgia law do? First, it gets rid of signature matching, so election workers aren’t trying to verify mail ballots by comparing John Hancocks. This subjective process should concern both sides. It creates avenues for contested outcomes, with fighting over ambiguous signatures. In 2018 about 2,400 ballots in Georgia were rejected for issues with the signature or oath, according to a recent paper in Political Research Quarterly. Those voters were 54% black.”

“Instead of signature matching, voters will submit a state ID number (SS no., Driver’s license, or one assigned by the precinct) with their mail ballots or applications. This way there’s no arguing over handwriting: The ID number either matches or it doesn’t. Georgians who vote in person are already asked to show identification. Anyone who lacks an ID can get one for free.”

Much hay is being made about a provision that prevents third parties from giving gifts, including “food and drink” to those standing in line at the polls. But the point is to prevent activists from showing up in union shirts—or National Rifle Association shirts, for that matter—and passing out drinks and snacks, with some subtle electioneering thrown in.

As for the genuinely thirsty, the new law specifically allows poll workers to provide “self-service water from an unattended receptacle.” Also, the legislation recognizes that it’s a failure if voters stand in line long enough to get parched. That’s why it says wait times at large precincts must be measured three times throughout Election Day. If the line hits an hour, changes are required before the next election.

The law makes ballot drop boxes a permanent part of Georgia’s voting architecture. The terms are tighter than they were during last year’s pandemic emergency, but how is it part of “Jim Crow 2.0” to give absentee voters more options than they had 2 years ago in 2019? The legislation also says applications for mail ballots are due 11 days before the election, instead of four days. If that’s racist, so is the U.S. Postal Service, which urges voters to allow 15 days for two-way delivery.

And of course, Georgia joined 35 other states that now require identification to vote in person, including Delaware & Colorado. Illiberals claim that many of their black voters are incapable of attaining free voter ID cards. PJ, why is it that democrats always assume that black people aren’t capable of living within the norms of the American experience. Isn’t doing so blatantly racist?

No election rules are perfect. Ballot access, integrity and administration are all important. Mr. Biden knows this. Democrats aren’t smearing Georgia because they believe their “Jim Crow” nonsense. Their strategy is to play the race card to justify breaking the Senate filibuster, so they can jam through their election reform known as H.R.1 and overrule 50 state voting laws. And make no mistake friends, HR 1, which is also S1 does everything possible in the neo-liberal playbook to promote election fraud and one-party rule for decades to come.

PJ, one of our devout listeners owns a bank, and he sent me info on insider trading amongst our political class in Congress…you know, the place with the 7’ tall, 6,600’ long fence that surrounds the place.

What does it say about the corruption of legislative body that needs a 7 foot tall, 1.25 mile fence to protect the corrupt from the minions they rule?

Well, here’s more fuel for the fire.

The 2012 STOCK Act was created to try and stop rampant profiteering from members of Congress and has worked to some degree (the legislation was subsequently weakened in 2013), but our elected members and their kin still trade A LOT.

Here are some notable stock trades, most of which occurred during the Covid pandemic by members of Congress. Pls note that EVERY trade transpired BEFORE actions were announced to the general public”

Democrat Congressman Josh Gottheimer sat on the Committee on Financial Services and its Subcommittee on Investor Protection, Entrepreneurship and Capital Markets. Invested up to $540,000 in finance stocks and $6,825,000 in tech stocks (many of which were e-commerce companies that came under his juridiction)

Democrat Congressman Donald Beyer sat on the Committee on Science, Space and Technology and its Subcommittee on Space and Aeronautics. Invested up to $180,000 in health stocks, $285,000 pharmaceuticals, and $300,000 in aeronautics and nautical systems manufacturing.

The CARES Act was signed by Trump on March 27, 2020. The Act set aside $9.5 billion for vaccine development (ie. Operation Warp Speed was announced on April 29). But before that:

On March 18: Former Republican Congressman Greg Gianforte purchased up to $1 million in GlaxoSmithKline stocks (+25% at 2020 peak). The company eventually signed a contract with US Gov through Operation Warp Speed.

On April 13: Republican Congresswoman Virginia Foxx purchased up to $50,000 in GlaxoSmithKline stocks (appreciated +10% at 2020 peak).

July 22: Congressmen Mo Brooks, Ed Perlmutter and Mike Conaway all bought Pfizer stocks in June/July right before the US gov signed a $1.95 billion vaccine contract (1 dimm, 2 repub’s).

On August 5: US Gov announces $1 billion COVID vaccine contract with Johnson & Johnson. Congressman Kevin Hern (sat on the House Committee on Budget) and Carol Miller (Oversight and Reform) purchased JNJ stocks in…. July

Remember last autumn and early winter when Nancy Goo-Goo-Eyes Pelosi refused to pass the stimulus bill? I do. And, I remember wondering why she was against it. I mean, Lyin’ Joe Biden had already been declared the winner. Here is one possible answer:

On Dec 22, Goo-Goo-Eyes was against more stimulus. Her husband bought deep in-the money call options on ITM TSLA and AAPL that day. On December 23rd, the very next day, she is suddenly for stimulus again, with those same companies ralling 5%, giving her an instant +30 return.

PJ, when my kids were little, I taught them that if they run into a situation that is inexplicable, like Goo-Goo-Eyes being against a stimulus bill on a Tuesday, then for it on a Wednesday, that the cause of such actions could be found in 1 or 2 of 3 different reasons: sex, and/or money, and or power.

JNJ vaccine pause:

We are told that some 600,000 Americans have died from Covid. I doubt the number is that high as both hospitals and big spenders in Washington are incentivized to report high Covid death numbers.

I can only shake my head in bemusement when I see little kids marching down the street wearing face masks.

Here is an update on mask wearing for children. A study from Iceland that followed 9,199 people showed not a SINGLE instance of a child infecting parents.” Many studies in the scientific literature reach a similar conclusion.

Consider also data from Sweden, published in the New England Journal of Medicine in February. Swedish primary schools have been open for in-person instruction throughout the epidemic, no masks required, even when cases were increasing. Of more than 1.8 million children in school in spring of 2020 ages 1 through 15, not one died from Covid-19. This study also showed that teachers were at low risk for Covid; they contracted the disease at rates lower than the average of other Swedish essential workers.

You know what I say PJ: Phock your face mask!

On Tuesday, the WSJ published an editorial entitled the Green New Deal, In Disguise which dissected Lyin’ Joe Biden’s so-called infra-structure plan. But before we look at that, on April 7, a former senior editor of Business Insider tweeted that “Mayonnaise is infrastructure. It supports the other flavors in the sandwich. The bread is also infrastructure. But the meat and cheese and tomatoes are not infrastructure. And making the sandwich is not infrastructure. But the plate is infrastructure.”

Remember folks, that he who controls the language, controls the thought process. Mayonaise is now infrastructure.

Of Creepy Joe’s $2.3 tyn so-called infrastructure …”more than half of his plan is dedicated to reducing CO2, with a goal of eliminating fossil fuels with a mix of federal spending, subsidies and regulation.

Start with $213 billion to build and retrofit two million energy-efficient homes and buildings. These putative “upgrades” would be financed by federal grants, tax credits and the economically inefficient Weatherization Assistance Program (WAP).

A 2018 study in the Quarterly Journal of Economics of the WAP in Michigan found that its upfront investment costs are about twice the actual energy savings. “Even when accounting for the broader societal benefits derived from emissions reductions, the costs still substantially outweigh the benefits; the average rate of return is approximately −7.8% annually,” the study found.” That’s democrat/neo-Keynsian economics at its very best folks.

Or take the plan’s $40 billion in spending to “mitigate imminent hazards to residents, and undertake energy efficiency measures” in public housing. The New York City Housing Authority paid unionized electricians $135 an hour including benefits to install LED lighting, which cost about $1,973 per apartment. Then it had no money to repair moldy apartments or for rodent control.

Plug’s “green energy tax credits would enrich large corporations and billionaires. Hedge funds and tech companies are some of the biggest green energy investors. These tax credits would become more attractive as tax rates increase. Even big oil companies would benefit from credits for investing in carbon capture and “sustainable” aviation fuels. This is one reason CEOs like Amazon’s Jeff Bezos are endorsing a corporate tax increase. They’ll make it up in subsidies.”

Companies and private investors that have bet heavily on EV and battery startups will also benefit from Mr. Biden’s plan to spend $174 billion to increase their sales. Government fuel regulations have forced auto makers to build EVs, but too few consumers buy them. So Mr. Biden plans to pay states, cities, states and schools to buy EVs.

His plan would also increase consumer rebates and build 500,000 charging stations. But the federal government didn’t need to build gas stations or subsidize purchases of Model Ts to get Americans to ditch the horse and buggy. The reality is that breakthroughs in technology will be necessary to achieve widespread EV adoption and other climate goals.

Hence Mr. Biden also proposes to spend $52 billion on domestic manufacturing, $50 billion for the National Science Foundation and $35 billion for research in “utility-scale energy storage, carbon capture and storage, hydrogen, advanced nuclear, rare earth element separations, floating offshore wind, biofuel/bioproducts, quantum computing, and electric vehicles,” among other things.

Government investment in basic research is important, but most of this spending is largesse for “demonstration projects”

Slow Joe “says his plan will “create millions of good jobs,” but his anti-carbon policies will destroy many more in fossil fuels and carbon-intensive industries. That’s why he’s proposing a $40 billion Dislocated Workers Program and $10 billion Civilian Climate Corps.”

So PJ, who is going to pay for all of this horse shit? Well, for now, the short answer is you and I are tasked with paying for nonsense that we vehemently disagree with.

According to the US Debt Clock .org, our national debt as of Wednesday, April 14 stood at $28.17 tyn. The debt clock claim that amounts to $85,267/ citizen. Yeah…kind of. See, only 143 myn Americans pay taxes, and the top 50 percent of all taxpayers pay 97 percent of all individual income taxes. So, it falls on 72 myn Americans to foot the bill, which really means that our current national debt will be paid for by just 22% of the population, and the current tab is some $395,000 per actual taxpayer.

But, we focus on the nat’l debt at our peril. WHY? Forbes magazine reported in October 2015, that our nation’s unfunded liabilities which include funding for Medicare, and Social Security, and Obamacare and Medicaid and federal employee pensions, etc., etc., etc totaled $210 tyn. In other words, the present value of future funding costs exceeds the present value of future tax revenues by a mere $210 tyn.

Now PJ, how big is $210 tyn? OOPS, I forgot to add in the $8 tyn in extra nat’l debt we have accrued since 2017…so PJ, how big is $218 tyn? IT’s REALLY big.

A 100 dollar-stack of dollar bills takes up 8 cubic inches. There are 1,728 cubic inches in a cubic foot, which means a cubic foot holds 21,600 dollar bills.

The average Walmart store is 180,000 sq ft in size. If we loaded up the avg walmart with one-dollar bills, 20 feet tall, the avg Walmart store would hold almost 78 byn dollar bills. In other words, our current unfunded liabilities would fill-up 2,795 Walmart stores 20 ft tall with dollar bills. That’s how big our problem is.

BTW, every American bill weighs one gram. The 218 tyn dollars would weigh 218 tyn grams, or 218 byn Kg’s, or some 440 byn pounds. That’s how big our problem is, and it’s growing by at least 25 Walmarts/yr.

Good news:

https://www.wsj.com/articles/jim-eagle-and-georgias-voting-law-11616799451

https://unusualwhales.com/i_am_the_senate

https://www.wsj.com/articles/masks-for-children-muzzles-for-covid-19-news-11618329981?mod=opinion_lead_pos7

https://www.google.com/search?q=dimensions+of+average+walmart+store&rlz=1C1VFKB_enUS717US719&oq=dimensions+of+average+walmart+store&aqs=chrome..69i57j0i22i30j0i390l2.10880j1j7&sourceid=chrome&ie=UTF-8

https://www.usdebtclock.org/

https://taxfoundation.org/summary-of-the-latest-federal-income-tax-data-2020-update/

https://www.forbes.com/sites/johnmauldin/2017/10/10/your-pension-is-a-lie-theres-210-trillion-of-liabilities-our-government-cant-fulfill/?sh=17930c3565b1

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iconแบ่งปัน
 

ซีรีส์ที่ถูกเก็บถาวร ("ฟีดที่ไม่ได้ใช้งาน" status)

When? This feed was archived on October 23, 2023 01:21 (6M ago). Last successful fetch was on April 07, 2022 23:40 (2y ago)

Why? ฟีดที่ไม่ได้ใช้งาน status. เซิร์ฟเวอร์ของเราไม่สามารถดึงฟีดพอดคาสท์ที่ใช้งานได้สักระยะหนึ่ง

What now? You might be able to find a more up-to-date version using the search function. This series will no longer be checked for updates. If you believe this to be in error, please check if the publisher's feed link below is valid and contact support to request the feed be restored or if you have any other concerns about this.

Manage episode 290158634 series 2821002
เนื้อหาจัดทำโดย Russ Andrews เนื้อหาพอดแคสต์ทั้งหมด รวมถึงตอน กราฟิก และคำอธิบายพอดแคสต์ได้รับการอัปโหลดและจัดเตรียมโดย Russ Andrews หรือพันธมิตรแพลตฟอร์มพอดแคสต์โดยตรง หากคุณเชื่อว่ามีบุคคลอื่นใช้งานที่มีลิขสิทธิ์ของคุณโดยไม่ได้รับอนุญาต คุณสามารถปฏิบัติตามขั้นตอนที่อธิบายไว้ที่นี่ https://th.player.fm/legal

Podcast #19:

Welcome back friends to In My Right Mind with me, the Praetorian guard of conservatism, Russ Andrews. And of course, I am joined as always with the producer of In My Right Mind, the suave, svelte PJ Jaycox.

Hey PJ, we have some new hats and a new bumper sticker. The bumper sticker reads “Revoke The walking Woke.” PLS email us if you want a hat or a bumper sticker…remember the original bumper sticker for our show reads “Phock Your Face Mask”

We promised last week we would discuss the new Georgia state election laws, which the left is lying about at every turn to promote HR 1., which Lyin’ Joe Biden referred to as “un-American,” “sick,” “pernicious,” and worse: “This makes Jim Crow look like Jim Eagle. ”

WSJ: “Georgia’s new law leaves in place Sunday voting, a point of contention with earlier proposals, given that black churches have a “souls to the polls” tradition after services. The Legislature, rather, decided to expand weekend early voting statewide, by requiring two Saturdays instead of only one under current law. In total, Georgia offers three weeks of early voting, which began last year on Oct. 12. This is not exactly restrictive: Compare that with early voting that started Oct. 24 last year in New York.”

“The new law also leaves in place no-excuses absentee voting. Every eligible Georgia voter will continue to be allowed to request a mail ballot for the sake of simple convenience—or for no reason at all. Again, this is hardly restrictive: More than a dozen states, including Connecticut and Delaware, require mail voters to give a valid excuse.”

So what does the Georgia law do? First, it gets rid of signature matching, so election workers aren’t trying to verify mail ballots by comparing John Hancocks. This subjective process should concern both sides. It creates avenues for contested outcomes, with fighting over ambiguous signatures. In 2018 about 2,400 ballots in Georgia were rejected for issues with the signature or oath, according to a recent paper in Political Research Quarterly. Those voters were 54% black.”

“Instead of signature matching, voters will submit a state ID number (SS no., Driver’s license, or one assigned by the precinct) with their mail ballots or applications. This way there’s no arguing over handwriting: The ID number either matches or it doesn’t. Georgians who vote in person are already asked to show identification. Anyone who lacks an ID can get one for free.”

Much hay is being made about a provision that prevents third parties from giving gifts, including “food and drink” to those standing in line at the polls. But the point is to prevent activists from showing up in union shirts—or National Rifle Association shirts, for that matter—and passing out drinks and snacks, with some subtle electioneering thrown in.

As for the genuinely thirsty, the new law specifically allows poll workers to provide “self-service water from an unattended receptacle.” Also, the legislation recognizes that it’s a failure if voters stand in line long enough to get parched. That’s why it says wait times at large precincts must be measured three times throughout Election Day. If the line hits an hour, changes are required before the next election.

The law makes ballot drop boxes a permanent part of Georgia’s voting architecture. The terms are tighter than they were during last year’s pandemic emergency, but how is it part of “Jim Crow 2.0” to give absentee voters more options than they had 2 years ago in 2019? The legislation also says applications for mail ballots are due 11 days before the election, instead of four days. If that’s racist, so is the U.S. Postal Service, which urges voters to allow 15 days for two-way delivery.

And of course, Georgia joined 35 other states that now require identification to vote in person, including Delaware & Colorado. Illiberals claim that many of their black voters are incapable of attaining free voter ID cards. PJ, why is it that democrats always assume that black people aren’t capable of living within the norms of the American experience. Isn’t doing so blatantly racist?

No election rules are perfect. Ballot access, integrity and administration are all important. Mr. Biden knows this. Democrats aren’t smearing Georgia because they believe their “Jim Crow” nonsense. Their strategy is to play the race card to justify breaking the Senate filibuster, so they can jam through their election reform known as H.R.1 and overrule 50 state voting laws. And make no mistake friends, HR 1, which is also S1 does everything possible in the neo-liberal playbook to promote election fraud and one-party rule for decades to come.

PJ, one of our devout listeners owns a bank, and he sent me info on insider trading amongst our political class in Congress…you know, the place with the 7’ tall, 6,600’ long fence that surrounds the place.

What does it say about the corruption of legislative body that needs a 7 foot tall, 1.25 mile fence to protect the corrupt from the minions they rule?

Well, here’s more fuel for the fire.

The 2012 STOCK Act was created to try and stop rampant profiteering from members of Congress and has worked to some degree (the legislation was subsequently weakened in 2013), but our elected members and their kin still trade A LOT.

Here are some notable stock trades, most of which occurred during the Covid pandemic by members of Congress. Pls note that EVERY trade transpired BEFORE actions were announced to the general public”

Democrat Congressman Josh Gottheimer sat on the Committee on Financial Services and its Subcommittee on Investor Protection, Entrepreneurship and Capital Markets. Invested up to $540,000 in finance stocks and $6,825,000 in tech stocks (many of which were e-commerce companies that came under his juridiction)

Democrat Congressman Donald Beyer sat on the Committee on Science, Space and Technology and its Subcommittee on Space and Aeronautics. Invested up to $180,000 in health stocks, $285,000 pharmaceuticals, and $300,000 in aeronautics and nautical systems manufacturing.

The CARES Act was signed by Trump on March 27, 2020. The Act set aside $9.5 billion for vaccine development (ie. Operation Warp Speed was announced on April 29). But before that:

On March 18: Former Republican Congressman Greg Gianforte purchased up to $1 million in GlaxoSmithKline stocks (+25% at 2020 peak). The company eventually signed a contract with US Gov through Operation Warp Speed.

On April 13: Republican Congresswoman Virginia Foxx purchased up to $50,000 in GlaxoSmithKline stocks (appreciated +10% at 2020 peak).

July 22: Congressmen Mo Brooks, Ed Perlmutter and Mike Conaway all bought Pfizer stocks in June/July right before the US gov signed a $1.95 billion vaccine contract (1 dimm, 2 repub’s).

On August 5: US Gov announces $1 billion COVID vaccine contract with Johnson & Johnson. Congressman Kevin Hern (sat on the House Committee on Budget) and Carol Miller (Oversight and Reform) purchased JNJ stocks in…. July

Remember last autumn and early winter when Nancy Goo-Goo-Eyes Pelosi refused to pass the stimulus bill? I do. And, I remember wondering why she was against it. I mean, Lyin’ Joe Biden had already been declared the winner. Here is one possible answer:

On Dec 22, Goo-Goo-Eyes was against more stimulus. Her husband bought deep in-the money call options on ITM TSLA and AAPL that day. On December 23rd, the very next day, she is suddenly for stimulus again, with those same companies ralling 5%, giving her an instant +30 return.

PJ, when my kids were little, I taught them that if they run into a situation that is inexplicable, like Goo-Goo-Eyes being against a stimulus bill on a Tuesday, then for it on a Wednesday, that the cause of such actions could be found in 1 or 2 of 3 different reasons: sex, and/or money, and or power.

JNJ vaccine pause:

We are told that some 600,000 Americans have died from Covid. I doubt the number is that high as both hospitals and big spenders in Washington are incentivized to report high Covid death numbers.

I can only shake my head in bemusement when I see little kids marching down the street wearing face masks.

Here is an update on mask wearing for children. A study from Iceland that followed 9,199 people showed not a SINGLE instance of a child infecting parents.” Many studies in the scientific literature reach a similar conclusion.

Consider also data from Sweden, published in the New England Journal of Medicine in February. Swedish primary schools have been open for in-person instruction throughout the epidemic, no masks required, even when cases were increasing. Of more than 1.8 million children in school in spring of 2020 ages 1 through 15, not one died from Covid-19. This study also showed that teachers were at low risk for Covid; they contracted the disease at rates lower than the average of other Swedish essential workers.

You know what I say PJ: Phock your face mask!

On Tuesday, the WSJ published an editorial entitled the Green New Deal, In Disguise which dissected Lyin’ Joe Biden’s so-called infra-structure plan. But before we look at that, on April 7, a former senior editor of Business Insider tweeted that “Mayonnaise is infrastructure. It supports the other flavors in the sandwich. The bread is also infrastructure. But the meat and cheese and tomatoes are not infrastructure. And making the sandwich is not infrastructure. But the plate is infrastructure.”

Remember folks, that he who controls the language, controls the thought process. Mayonaise is now infrastructure.

Of Creepy Joe’s $2.3 tyn so-called infrastructure …”more than half of his plan is dedicated to reducing CO2, with a goal of eliminating fossil fuels with a mix of federal spending, subsidies and regulation.

Start with $213 billion to build and retrofit two million energy-efficient homes and buildings. These putative “upgrades” would be financed by federal grants, tax credits and the economically inefficient Weatherization Assistance Program (WAP).

A 2018 study in the Quarterly Journal of Economics of the WAP in Michigan found that its upfront investment costs are about twice the actual energy savings. “Even when accounting for the broader societal benefits derived from emissions reductions, the costs still substantially outweigh the benefits; the average rate of return is approximately −7.8% annually,” the study found.” That’s democrat/neo-Keynsian economics at its very best folks.

Or take the plan’s $40 billion in spending to “mitigate imminent hazards to residents, and undertake energy efficiency measures” in public housing. The New York City Housing Authority paid unionized electricians $135 an hour including benefits to install LED lighting, which cost about $1,973 per apartment. Then it had no money to repair moldy apartments or for rodent control.

Plug’s “green energy tax credits would enrich large corporations and billionaires. Hedge funds and tech companies are some of the biggest green energy investors. These tax credits would become more attractive as tax rates increase. Even big oil companies would benefit from credits for investing in carbon capture and “sustainable” aviation fuels. This is one reason CEOs like Amazon’s Jeff Bezos are endorsing a corporate tax increase. They’ll make it up in subsidies.”

Companies and private investors that have bet heavily on EV and battery startups will also benefit from Mr. Biden’s plan to spend $174 billion to increase their sales. Government fuel regulations have forced auto makers to build EVs, but too few consumers buy them. So Mr. Biden plans to pay states, cities, states and schools to buy EVs.

His plan would also increase consumer rebates and build 500,000 charging stations. But the federal government didn’t need to build gas stations or subsidize purchases of Model Ts to get Americans to ditch the horse and buggy. The reality is that breakthroughs in technology will be necessary to achieve widespread EV adoption and other climate goals.

Hence Mr. Biden also proposes to spend $52 billion on domestic manufacturing, $50 billion for the National Science Foundation and $35 billion for research in “utility-scale energy storage, carbon capture and storage, hydrogen, advanced nuclear, rare earth element separations, floating offshore wind, biofuel/bioproducts, quantum computing, and electric vehicles,” among other things.

Government investment in basic research is important, but most of this spending is largesse for “demonstration projects”

Slow Joe “says his plan will “create millions of good jobs,” but his anti-carbon policies will destroy many more in fossil fuels and carbon-intensive industries. That’s why he’s proposing a $40 billion Dislocated Workers Program and $10 billion Civilian Climate Corps.”

So PJ, who is going to pay for all of this horse shit? Well, for now, the short answer is you and I are tasked with paying for nonsense that we vehemently disagree with.

According to the US Debt Clock .org, our national debt as of Wednesday, April 14 stood at $28.17 tyn. The debt clock claim that amounts to $85,267/ citizen. Yeah…kind of. See, only 143 myn Americans pay taxes, and the top 50 percent of all taxpayers pay 97 percent of all individual income taxes. So, it falls on 72 myn Americans to foot the bill, which really means that our current national debt will be paid for by just 22% of the population, and the current tab is some $395,000 per actual taxpayer.

But, we focus on the nat’l debt at our peril. WHY? Forbes magazine reported in October 2015, that our nation’s unfunded liabilities which include funding for Medicare, and Social Security, and Obamacare and Medicaid and federal employee pensions, etc., etc., etc totaled $210 tyn. In other words, the present value of future funding costs exceeds the present value of future tax revenues by a mere $210 tyn.

Now PJ, how big is $210 tyn? OOPS, I forgot to add in the $8 tyn in extra nat’l debt we have accrued since 2017…so PJ, how big is $218 tyn? IT’s REALLY big.

A 100 dollar-stack of dollar bills takes up 8 cubic inches. There are 1,728 cubic inches in a cubic foot, which means a cubic foot holds 21,600 dollar bills.

The average Walmart store is 180,000 sq ft in size. If we loaded up the avg walmart with one-dollar bills, 20 feet tall, the avg Walmart store would hold almost 78 byn dollar bills. In other words, our current unfunded liabilities would fill-up 2,795 Walmart stores 20 ft tall with dollar bills. That’s how big our problem is.

BTW, every American bill weighs one gram. The 218 tyn dollars would weigh 218 tyn grams, or 218 byn Kg’s, or some 440 byn pounds. That’s how big our problem is, and it’s growing by at least 25 Walmarts/yr.

Good news:

https://www.wsj.com/articles/jim-eagle-and-georgias-voting-law-11616799451

https://unusualwhales.com/i_am_the_senate

https://www.wsj.com/articles/masks-for-children-muzzles-for-covid-19-news-11618329981?mod=opinion_lead_pos7

https://www.google.com/search?q=dimensions+of+average+walmart+store&rlz=1C1VFKB_enUS717US719&oq=dimensions+of+average+walmart+store&aqs=chrome..69i57j0i22i30j0i390l2.10880j1j7&sourceid=chrome&ie=UTF-8

https://www.usdebtclock.org/

https://taxfoundation.org/summary-of-the-latest-federal-income-tax-data-2020-update/

https://www.forbes.com/sites/johnmauldin/2017/10/10/your-pension-is-a-lie-theres-210-trillion-of-liabilities-our-government-cant-fulfill/?sh=17930c3565b1

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