1ºBiden is a destroyer and a divider and the media gives him cover: The American press has always had elements of corruption within it. But today standards of honest reporting have collapsed not because of bribery, but due to other financial considerations.
The national media is owned by a few massive corporations: Disney, Comcast, Viacom, Newscorp and AT&T on the broadcast side. The Sulzberger family and Jeff Bezos control The New York Times and The Washington Post respectively. A board of largely liberal business people run the Associated Press.
During the four years that President Trump was in office, the reportage on him was more than 90 percent negative despite a strong economy, the rapid development of a Covid vaccine, and complete energy independence for the USA.
It was obvious the fix was in - the coverage constantly spun negative and some of it like “Russian Collusion” was flat out false. The media corporations, in general, despised Donald Trump and made serious money doing so.
Today we have a different side to media corruption - the protection of Joe Biden. Because the national press backed him to an absurd degree in the election, they are now in his pocket as he proceeds to run the country.
President Biden has quickly become the most liberal president in American history by embracing record federal spending, a divisive racial policy based on “equity,” and a chaotic immigration strategy that has led to suffering and absolute chaos.
It’s not that the corporate media is championing these things, although some far-left outlets are, it’s that they are blacking-out factual reporting about the consequences of Biden’s actions.
Item: Most Americans have seen their energy costs rise by more than 30 percent since Inauguration Day.
Item: Violent crime has spiraled out of control in the nation’s largest cities.
Item: More than 500,000 foreign nationals have “encountered” federal authorities since Mr. Biden dismantled Mr. Trump’s border policy.
Item: Since the Border Patrol and Immigration Agents are overwhelmed by the massive influx of migrants, narcotics interdiction has suffered enormously. Last week the Governor of Texas announced there is more fentanyl, a potentially lethal drug, being smuggled into his state than ever before. Of course, the free flow of narcotics enriches organized crime.
So, let me ask a simple question: how much reportage have you seen on the above items? Even the border situation which did get some attention in the beginning is now being downplayed.
It’s all about protecting Joe Biden and, in the process, deceiving the American people.
And that is a clear and vivid example of corporate corruption.
2ºThis is just a big post pandemic realignment. Remember— the economy crashed just a few months ago. Now it is restarting and trying to find a new supply/demand normal.. This NOT inflation coming back long run. This is opinion peace is more about billionaires, the corporations they own, and the executives that run them artificially keeping wags down. Wages should be going up as in the US there are an estimated 1,000,000 (and still growing) excess dead. There are something like over 3,000,000 new people that have been permanently disabled due to Covid. The Pandemic is still with us so folks that do not have to work for “extra money” have not returned to the labor market in lower paying jobs. Inability to Find child care is keeping some women from going back to work. I could go on about other short term supply demand imbalances..
3ºIn the appended article, Paul Krugman, who won the Nobel prize for Economics, says, “It's not silly to ask whether unexpectedly high inflation means that the economy has less room to run than both the Biden administration and the Federal Reserve have been assuming; that could be true, and if it is, Biden's spending plans might be excessive and the Fed might need to consider raising interest rates sooner rather than later.
But neither the details of that report nor recent history support those concerns; they suggest on the contrary that policymakers should keep their cool. This doesn't look at all like 1970s stagflation redux; it looks like a temporary blip, reflecting transitory disruptions as the economy struggles to recover from pandemic disruptions. And history tells us that it's a very bad idea for policymakers to panic in the face of such a blip.”
https://www.nwaonline.com...ices-say-about/
4ºIt will take a bit for our economy to even out again. And let's look at the premise upon which we built our economy. Cheap goods from foreign countries while closing our own manufacturing facilities in order to amass record profits and income for the few. Our own people labor at poverty level wages, surviving on part time jobs and the gig economy (don't have to pay benefits that way) even if they are educated and want to work full time. Maybe we need to readjust our thinking and our priorities. That way it will be really obvious whose situations are real and whose are manufactured. Maybe c-suite personnel should adjust their expectations. It might go a long way toward easing up on the rhetoric of greed that is dividing the country.
5ºAs you rightly alluded to this article, a little bit of inflation is good for the economy to encourage high yield on savings. Inflation that is within 3% is good for market economy. It is better than having deflation. This will spur multipler benefit on jobs and economic growth. However we must pedal softly on universal wage increase. The government should allow demand and supply to determine real and minimum wage. It doesn’t make sense to increase minimum wages and the cost of rent takes all the proceeds away. This administration should work with the private sector to provide affordable housing.
6ºYou all hated Trump, big overbearing personality, mean tweets.......blah blah blah blah blah. Bottom line, Trump did a fabulous job! You vilified a man who actually governed more from a pragmatic bent than a ideological one. Our country is going down the toilet fast! My gas is $1.25 more expensive than a year ago. My grocery bill higher by the week. Our border is on fire. Our cities riddled with crime because of the ridiculous “defund the police” narrative these radicals are pushing! They want to blow up our energy sector before there is even the technology to do so on a scale that can take care of 330 million people! These Democrats are insane!
7ºAbout the supply and demand... these companies should have kept on producing goods (wood, building materials, etc. to get stocked up for the “after pandemic” rush on items. I worked thru the pandemic keeping power on. How? We social distanced and wore masks. Could have been done in other areas. I’ve never seen more than one guy in a tree cutting timber and truckers could still haul logs to the mills. Stockpile. That’s what should’ve happened. Didn’t anyone ever hear of canning food to last thru the year? Same for lumber. Cut it, process it, store it. Then when demand ramps up there is plenty of supply to meet the demands.
8ºLumber and home prices have been soaring for the past year... I've been watching carpenters and builders complain about supply costs for the past year. The specific line of woods I use in my own shop started slowly increasing last fall. A couple of the species that are more common in home construction have jumped 50% in the past 5 months as demand keeps growing.
Quality used vehicle demand is due in part to lack of new production caused by manufacturers own screw-up in microchip pre-orders. Go look at Toyota and Hyundai dealerships. PLENTY of new cars- those 2 brands didn't cut orders when new vehicle sales dipped in 2020.
And let's not pretend oil companies aren't trying to make-up for all those tankers sitting in the Gulf a year ago... Or to make-up for people like me whose office job moved to my dining room 14 months ago. Instead of filling my tank every 2 weeks, I might be doing so once a month.
9ºJoe said he would do it, Trump said he would do it, he did it cancelling pipelines and promoting green junk now we all have to pay.
If biden left things alone the border would be secure, wall finished, unemployment down to 3.5% no wars in the middle east, everyone affected by the china virus would be getting compensation from china by now, business, corporations in China would be moving back to America and Europe.
China Virus....
The evidence is here Trump wouldn't have mentioned it if it wasn't done. Biden squashed it, now he says let's give Intel a chance to examine the evidence.
"Intel" - millions of private and government Geeks study every phone call, email, message, fax, communication in the world all in code only they understand. They convert it to words, sentences, paragraphs and print it out so we can understand it, their employers, govt, deep state decide what the public sees.
Facebook educated people only see what makes Republicans look bad, Democrats look good.
You can't un-see this, for every Facebook educated comment there's hundreds of Americans regretting their vote.
10ºYeah and just wait till the exodus of companies and corporations because of Biden’s tax-the-wealthy-to-pay-for-freebies-and-the-bloated-government plan. Y’all ain’t seen nothing yet.
When you force businesses to pay low skilled workers wages commensurate with skilled workers, those businesses will ALWAYS raise their prices, NOT raise wages for their higher skilled employees and quite often will move away.
Then when, on top of that, you increase the tax rates on those businesses and business owners, they will for sure raise their prices even more and much more often move to another country.
The only group that actually benefits from this insanity is the corrupt, greed and power hungry government.