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Posts Tagged ‘“President” Biden

I wish I could celebrate the payout increase

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They’ll be lots more dopey coverage of the recent surge in dairy prices, like this one from Radio New Zealand (RNZ as they style themselves now, Radio Aotearoa being a step too far for the moment).

Dairy prices up 3.7 percent as commodity prices reach record high

That article talks of global milk supply being constrained, but for those of us who dig deeper – and farmers have a great incentive to find out what’s going on – the terrible truth is that it’s simply another symptom of a global surge in inflation. Even that article hints at it by pointing out that every other commodity is surging in price also.

I don’t think there’s any question that this comes about because of governments printing money and stuffing it into economies that were only in recession because of lockdowns. Unlike the GFC era, when inflation worries abounded, the economies are not on their knees because of market problems. Back then the credit creation was filling real gaps, which is why inflation did not appear despite all those created trillions of dollars.

This time all that was needed was for government to take its Covid-infected foot off the throat and the economies would have roared back to life, as they were doing very well up to early 2020. Stuffing more money into a system whose production is still being held down may have sounded like classic Keynesian stimulus but was wrong for this scenario.

But aside from that general problem, the lead here is energy costs and that really is a supply constraint – as the Greens are gagging for. A few years ago I attended a Rabobank seminar on the global dairy industry and the guy giving it finished his discussion by pointing out a strange correlation for which no causal link had been established: oil and milk match eachother’s price rises and falls.

If that’s the case then this news is a double-edged sword:

Crude oil is up 65% this year to $83 per barrel. Gasoline, above $3 per gallon in most of the country, is more costly than any time since 2014, with inventories at the lowest level in five years.

Meanwhile natural gas, which provides more than 30% of all U.S. electricity and a lot of wintertime heating, has more than doubled this year to $5 per million Btu.

Even coal is exploding, with China and India mining as fast as possible. The price of U.S. coal is up 400% this year to $270 per ton.

The sword is a scimitar, as the drooling root vegetable known as “President” Biden is discovering.

That plea from Biden happened a couple of months ago and OPEC told Biden to go screw himself. Amazing to think that in January 2020 the USA was a net exporter of oil.

As that article points out, this is actually going to get worse in the Northern hemisphere winter:

Put it all together, as the weather gets colder,  energy costs will rise even faster. The increase in energy cost will raise the prices of goods produced from companies the use energy in the production and distribution of their products which will be passed along to the consumers.

As every farmer knows, we often get the benefit of being first in line for inflation, via commodity prices. But sooner or later those other cost increases, on fuel, fertiliser, power and machinery, arrive with a rush. Talk to any old farmer who remembers the First Oil Crisis of ’73 and then the crunch of ’74.

It’s arrived in New Zealand too, and the effects are already being seen, if not felt:

“The latest quarterly Labour Market Statistics show that on average wages went up by 2.4 per cent over the past 12 months. Unfortunately, inflation over that same period was more than double that figure, running at 4.9 percent, the highest rate in 25 years.

Fasten your seatbelts – and tighten them too.

Good grief, even the NYT has figured it out – and who’s to blame:

You can draw a direct line from a specific policy decision that Biden and congressional Democrats made this past winter to some of the inflation happening now.

In designing the stimulus that Congress passed in March, Biden’s administration went big, with $1.9 trillion in pandemic relief — on top of a separate $900 billion package that passed three months earlier. Put the two together, and $2.8 trillion in federal money has been coursing through the economy this year while economic activity has trended only a few hundred billion dollars a year short of what mainstream analysts would consider full health.

The dementia-riddled “President” must really be hurting the Democrats if even the NYT is throwing him under the bus.

Written by Tom Hunter

November 19, 2021 at 9:40 am

I wonder if we’ll see this from The Herald?

I always find it amusing when people whinge about Fox News’s coverage of the GOP when almost every other US MSM source turns themselves inside out to defend the Democrat party, sometimes with outright bullshit, often by just not reporting something that could hurt the Democrats and help the GOP.

The coverage of the 2020 BLM/Antifa riots across the US being just one example, probably just behind coverage of the Trump-Russia collusion hoax and the January 6 “Insurrection”.

Compared to those this piece from MSNBC is mild, but it’s perfect for showing how far they’re prepared to go.

Also: some days I think the Babylon Bee (Fake News You Can Trust) is living in a target rich environment for their satire, while on other days I can see why they had to establish a sister-site called Not The Bee for real news stories: 10 Great things about Hyperinflation.

Written by Tom Hunter

November 9, 2021 at 4:25 pm

A tired old man

“I’ am a tired man”, US President Abraham Lincoln once confessed to a friend, “Sometimes I think I’m the tiredest man on earth”.

But he said that in 1865 and had every reason to feel that way after four years of leading the nation through the most brutal war in its history and then facing the prospect of trying to pull it together again when the bitter conflict ended and 600,000 bodies lay in the ground.

By contrast the only reason the current POTUS is tired is that he’s an old man placed in a job he is simply not capable of performing, and never was.

Painful to watch. Xi Jinping, Putin and a host of others are watching this and know they have three more years to make their moves.

Having said that I couldn’t blame Biden for the following; I’d have fallen asleep as well listening to all these hypocrites droning on about a Climate Catastrophe their many actions demonstrate they don’t believe in:

“Appears”? No, this is not like the meeting with Boris Johnson a couple of months ago where the “Fact Checkers” of the MSM made excuses about how Biden had just briefly closed his eyes while Johnson spoke. No, in this case Biden most definitely fell asleep for almost a minute before some aide comes to wake him up before the nanna-nap becomes too deep.

The MSM will cover for him as best they can, as they have done for two years now, but if you want a more precise example of the double standards just recall this response to a Trump official’s comment all the way back in 2017:

“When you are trying to convince America that its new leader is not a fascist,” New York Magazine’s Margaret Hartmann and Chas Danner suggested recently, “it’s best not to make any Mussolini references.”

Too late. That advice was directed at former Cincinnati mayor Ken Blackwell, a member of the Trump transition team. Blackwell just assured the Wall Street Journal that Reince Preibus, the RNC chair picked as White House chief of staff, would “utilize his personal connections with the speaker [Rep. Paul Ryan] and others, to make the trains run on time.”

Message received! It’s not a good look for the Trump Administration to make references to Mussolini. You know what might be worse? Doing it in the country Mussolini called home:

I doubt we’ll see any pearl clutching from the likes of New York magazine’s Margaret Hartman and Chas Danner about this Biden line.

Written by Tom Hunter

November 3, 2021 at 8:21 am

Bad news for White Supremacists

You know that little symbol you’ve been using to communicate with eachother as a symbol of White Power?

The symbol that the Democrats, the US Left and the MSM (but I repeat myself), all went apeshit about after Trump became President?

This sign =>

Well, bad news haters. It turns out that’s wrong. We know this now, not just because President Biden used it in his poorly viewed train wreck of a “Town hall” meeting on CNN the other night,…

… but also because people who tried to claim he was flashing the WP sign have been…. fact checked! By none other than Politifact!

This started when Twitter account called “Libs of Tik Tok” – who specialise in having fun with earnest US “Liberals” – tweeted the following: bonus points to them for using the Internet meme, “literally shaking”.

Given that we live in a world where the satirical site, Babylon Bee, has found itself being “fact-checked” as a result of dealing with clueless journalists, the following should not have been a surprise, yet it still was:

Wow! Thanks for that “Fact-checkers”. Without you, clueless morons might have thought that was a real accusation. However, they did do one good thing, which was to provide some background to the nonsense of how the traditional “Okay” sign ended up being a White Power symbol.

First, a word of caution about interpreting that gesture as a white power gesture. According to the Anti-Defamation League, in 2017, members of the website 4chan falsely claimed that it represented the letters “WP” for “white power.”

“The hoaxers hoped that the media and liberals would overreact by condemning a common image as white supremacist,” the Anti-Defamation League says in this article explaining the gesture.

Hoped? That’s exactly what the dumbfucks of the US MSM and “liberals” did do – to the utter delight of the 4chan gang, who do such things on a regular basis to demonstrate how screwed up the MSM-Liberal alliance is. Why it’s as if they and the ADL don’t even know they’re being played.

While overwhelmingly people use the gesture to signify assent or approval, “as well as other usages unrelated to white supremacy,” the league says, it has also been used as a sincere expression of white supremacy.

In this case, however, the context makes clear that Biden is using the gesture to illustrate the number zero, as in how many cents he said some corporations pay in taxes.

Oh! So now “context matters.” Fantastic. It just so happens that context suddenly “matters” when a Democrat does it. Context didn’t matter for the last few years when Republican politicians, activists and even ordinary, random dudes on TV flashed it and got attacked, smeared, and in some cases canceled by online outrage mobs.

You only have to imagine the response had Trump done this. The irony is that Biden was quite happy in his early 70’s Senate career to pal around with Democrat Senators who were outright segregationists and White Supremacists.

The random online FaceTwit mobs are bad enough, but once again we see that the MSM “fact checkers” could not be more transparent in their Lefty and partisan bias.

Written by Tom Hunter

October 25, 2021 at 2:33 pm

We should get Biden and Adern together.

At least judging from this latest colonic eruption from “President” Root Vegetable.

It is in this country. Just ask our Prime Minister; I’m sure she thinks “expodentially” is a word. It certainly is with Covid-19 Delta cases.

Meantime, in the same speech Biden also told a story he has repeated multiple times even while it’s been debunked multiple times. But he keeps on telling it, despite it being divorced from reality.

The story is that he was riding the Amtrak home to Delaware, from D.C. in the seventh year he was Vice President (2015) and that he often did that because his mother was sick and he wanted to visit her. During the trip he encountered his friend Angelo Negri, an Amtrak conductor, who told him he had just read about Biden flying over a million miles on “Air Force aircraft,” that Negri derided that saying Biden had done far more on Amtrak, doing two million miles on the line.

So what’s the debunking of this corny story? Biden’s mother died in 2010. Angelo Negri died in 2014 and had retired in 1993. Biden has told the story many times before, including in April during the commemoration of the 50th anniversary of Amtrak in Philadelphia and in September, when he told it to UK Prime Minister Boris Johnson. In light of the known and undisputed facts, even bloody CNN, who so rarely call Biden out on his many many false statements, had to take on this one, fact checking it as false in June.

Oh, and then there’s this, which went viral from a CNN Townhall thing that Biden did:

He held that pose for a long, long time while being asked a question. There’s a reason.

Written by Tom Hunter

October 24, 2021 at 6:00 am

World’s worst job in 2021

Being Press Secretary for “President” Biden.

Sure, there are people all over the world doing tough, thankless jobs like drilling for oil, working in mines, battling with agricultural machinery in awful weather conditions, fishing in cold, rough seas, crawling around in mud to install pipes and erect buildings, fireman, cops patrolling dangerous areas of cities and so forth.

But at the end of the day, most of those people, even if they’re sick of the job, have some sense of satisfaction at what they’ve done, and understand what they’ll likely have to do tomorrow – though US cops are seriously wondering if they count anymore in Democrat cities.

But poor old Jen Psaki has a boss whose mind has gone walkabout: “President” Biden is just not there at all and has a staff that’s constantly scrambling to write stuff for him to repeat back from a teleprompter so it’ll seem like he’s in charge. It’s not working.

These polls are being driven by a number of crisis on Biden’s plate, and since none of them have been resolved they just keep trending up and down. The latest that’s trending up are the problems with supply chains. I already covered this in The Shipping News, but the focus here is on just one place: the Port of Los Angeles. In response to its backlog problems President Root Vegetable ordered the Port to remain open on weekends and add extra hours of operation to its schedule.

Just one problem with that. The President simply does not have that power, and so:

The nationwide port schedule app Pier Trucker showed terminals that looked like ghost towns Sunday with barren traffic lanes as additional cargo ships continue to pile up along the coastlines of Los Angeles and Orange counties. On Friday, 88 ships were waiting to dock at either Long Beach or Los Angeles harbors

Port officials say they are working with terminal operators to increase the open gate times. However, waterfront labor negotiator Jim Tessier, who has worked on behalf of both longshoremen and their union, says it comes down to money because shipping companies run the terminals.

Biden and the Federal government do not own or control the Port, the companies that work there or the shipping lines that use the place. Tessier makes clear what the moronic Administration should have known before they announced this “order”:

“Most shipping companies are foreign and did not attend Biden’s briefing and don’t care about what he or the landlord think,” Tessier said. “The port has nothing to do with all the operations — they are the landlord. How involved is your landlord in your business?”

Tessier said the shippers sign contracts that span decades and typically do not open weekends because the additional pay for longshoremen is pricey. Hourly pay is 1.3 times the regular rate at night and 1.5 on weekends, he said.

“Historically, the industry has not been willing to pay that money,” Tessier added.

Well duh! In a JIT (Just In Time) system you’re not supposed to have to pay extra because extra time should not be needed. Since the Congress is happy to blow billions, maybe they should have just crafted up a wage top-up specifically for this situation, sunsetting in a year’s time when things should be back to normal. Sure, it’s taxpayers bailing out a private sector system but they do that all the time now and it might have had some impact, rather than an empty Presidential “order”.

I suspect there are enough smartish people around Biden who knew the order was bullshit but felt it was worth the PR/Spin effort given that they’re drowning in bad polls. But if you are going for such, you’ve got to get your talking points in order for what happens – or in this case, what doesn’t happen – afterwards. They not only failed to do that they’ve got a Press Secretary who, when winging the answers, gets smug and dismissive.

The following was her response to a serious question from the NYT, who love to be on their side, and this went viral:

Hyuk, hyuk, hyuk.

You can taunt political opponents, and even the press (especially when you know they’ll beg for another chance to be nice to you), but the one thing you absolutely do not do is show dismissive contempt, with the smugness set at 1000%, for a public that’s dealing with problems so real even the NYT has noticed.

This is not new either. A month ago during the Afghanistan withdrawal clusterfuck Biden, desperate to strike back against ISIS terrorists after the suicide attack that killed thirteen US soldiers and about two hundred Afghan civilians, droned what the US thought were terrorists planning another attack. It turned out to be a family, and seven little kids in a car got vapourised. After days of mumbling uncertainties when reporters on the ground were already reporting the reality, the Biden Administration finally confessed to the fuck up.

But how did Psaki deal with it? She said that Biden understood the tragedy because he had lost family, too. Admittedly that’s effectively what Biden did say about it, also being what he said to the families of the the dead soldiers, so it’s definitely his “thoughts”. But they’re bloody awful, non-PR thoughts and a Press Secretary is supposed to obfuscate or glide over such things, not repeat them to an appalled audience.

Given how poorly her latest comments were received, even by friendly media, she may not be long for this role. Like her boss she’s clearly not very good at her job and as the crisis mount, she’s also likely to get worse.

Written by Tom Hunter

October 21, 2021 at 2:34 pm

Posted in MSM, US Politics, USA

Tagged with ,

Let’s go, Brandon

A couple of months ago when the US College Football season kicked off, a strange new phenomenon swept through the university crowds.

They began chanting loudly:


This chant rapidly spread across the college football stadiums of the nation, and then into other sports, where even rival baseball fans like the Mets and the Yankees were chanting it. In Deep Blue, Democrat New York City!

Then it turned up at a NASCAR event, and this was where it took a different tack. Watch, listen, and then hear what the interviewing reporter has to say.

Yes, she actually tried to bullshit her viewers as to what the chant was: that they were actually chanting for that winning driver, Brandon, with “LET”S GO, BRANDON”.

Perfect. Since it was a more public friendly chant, since everybody knew exactly what it meant as it went viral on the internet, and since it also served as mockery of the MSM still cheerleading the ambulatory root vegetable currently serving as POTUS, it became the perfect substitute for its crude predecessor.

“Let’s Go Brandon” has become a chant in the USA for anyone sick of unconstitutional vaccine and mask mandates, petty authoritarianism, bossy “Karens” (both in and out of government), a chaotic Mexican border, rising inflation, and perhaps most of all, shitty little government assholes everywhere who seem content to let things get worse because they don’t suffer the consequences of their own stupidity.

It is now appearing on t-shirts and the like. It’s even become a #1 song on the Apple Music charts.

I wonder when it’s going to turn up in Australia and New Zealand?

On a slightly separate note, here’s the latest visible evidence of what a sad, senile old wreck Joe Biden is:

WTF is that?

He tries to talk over the band that has already started to play – did he really not hear that – says something that, as usual, makes no sense in the context of what’s going on, and Jill Biden has to quickly walk up to him to stop this hideous embarrassment.

She looks straight at him and says “Look at me”. But he can’t even do that. Vaguely aware that something is wrong the “President” wanders away slowly and aimlessly, looking completely confused.

How long does this embarrassment of the United States have to continue? Do they really have no shame? Do they really wish to invite the cackling mockery of the rest of the world and bathe in such humiliation?

Written by Tom Hunter

October 20, 2021 at 12:41 pm

Biden kills more people with Covid-19 than Trump

That’s not a headline you’re going to see any time soon, but as the following news item from the ABC TV broadcast network in the US makes clear, that would be an entirely accurate headline this month.

Instead we get this, More Americans died of COVID this year than all of 2020:

More than 353,000 COVID-19 deaths have been reported since Jan. 1.

The United States has been facing a COVID-19 surge as the more contagious delta variant continues to spread.

More than 707,000 Americans have died from COVID-19…

The case surge comparison is also stark. Luckily the slowly rising tide of vaccinations has meant that the surge in cases has not translated into the same surge in deaths – but then the development of the vaccines in record time and the injection programme is not down to Biden either. He changed nothing.

Which brings back this memory from almost a year ago.

The only thing that has shut down since then is what was left of Joe’s brain.

Written by Tom Hunter

October 11, 2021 at 9:36 am

Karl Marx’s Economic Analysis and the Theory of Revolution in The Capital.

That’s the title of an economic thesis written decades ago at Moscow State University by an American student, attending courtesy of something called the Lenin Personal Academic Scholarship.

The person is one Saule Omarova, who is now a law professor at Cornell Law School. After graduating from Moscow in 1989 she returned to the USA where she got a PhD from the University of Wisconsin. She’s also still in love with the USSR:

“Until I came to the US, I couldn’t imagine that things like gender pay gap still existed in today’s world. Say what you will about old USSR, there was no gender pay gap there. Market doesn’t always ‘know best,’” she tweeted in 2019.

Ms. Omarova thinks asset prices, pay scales, capital and credit should be dictated by the federal government. In two papers, she has advocated expanding the Federal Reserve’s mandate to include the price levels of “systemically important financial assets” as well as worker wages. …

In a recent paper “The People’s Ledger,” she proposed that the Federal Reserve take over consumer bank deposits, “effectively ‘end banking,’ as we know it,” and become “the ultimate public platform for generating, modulating, and allocating financial resources in a modern economy.”

Perhaps she’s not aware that the USSR lost the Cold War and fell apart, revealing to the world what a complete sham its communist economy had always been.

By escaping the USSR she’s managed to live the typical wealthy lifestyle of a professor at one of America’s premier universities and is now ready to move on to other things.

Like running America’s banking regulatory system.

Joe Biden has nominated Saule Omarova to be Comptroller of the Currency. It is an important position. According to the Comptroller’s web site:

The OCC charters, regulates, and supervises all national banks and federal savings associations as well as federal branches and agencies of foreign banks. The OCC is an independent bureau of the U.S. Department of the Treasury.

Because of course this is what moderate, slighty left-of-centre Democrat Presidents do.

This is insane. Her nomination should be rejected with prejudice.

Is there anybody out there who still thinks it was a great idea to swap President Trump for Joe Biden?

Written by Tom Hunter

October 8, 2021 at 12:03 pm

The Biden Death Spiral comes early?

All US Presidents have ups and downs in their popularity. Most manage to recover: they’re called two-term Presidents.

But some never do. The one-term folk like Jimmy Carter and Donald Trump are classic examples, although Bush 41 was done in more by Perot bleeding votes from him. Then there’s Harry Truman.

Because he served almost all of two terms following FDR’s death in April 1945, it’s often forgotten that Truman was also only a one-term President. He hit all-time lows that have never been surpassed as the Korean War strangled him, but even then it took a loss in the 1952 New Hampshire primary before he knew he was done.

Another one-term inheritor of the seat, Lyndon Johnson, hit problems. LBJ’s massive win in 1964, and even more massive successes in winning passage for his free-money Great Society Programs and the 1964 Civil Rights Act, should have meant a smashing reelection in 1968, but Vietnam killed that.

But it happens with the two-termers also. Nixon and Watergate of course. Bush 43 and the combination of Iraq war hangover and the smash-mouth impact of the GFC saw his popularity approach Truman levels as he exited.

The successful two-termers are the ones who managed to negotiate the downs. FDR and the 1937 economic downturn; Eisenhower and a heart attack; Reagan and the 1981/82 recession; Clinton and the GOP takeover in ’94; Obama and Obamacare.

Of course it was never expected that Biden would even run for a second term; he was simply the most acceptable anti-Trumper for 2020 that the Democrat National Committee could back. Despite some rather deluded high hopes from some corners, his history, lack of principles and low-IQ alone predicted poor outcomes, even before taking into account his fading, senile old brain.

  • The Afghanistan disaster, complete with 13 dead soldiers and damaged relations with allies.
  • The crisis on the Mexican border (2 million illegals by year end).
  • The continuing Covid-19 problems (which he said he’d end).
  • The failure to enact his gigantic spending programs (assuming you even think they’re good in the first place).
  • Growing economic problems with energy costs and inflation in general.

And so….

This is also not just a snapshot but yet another one of a series of major polls showing him sliding.

There are several differences between Biden and those other Presidents who have recovered from poor 1st term polls.

First off, he never had the personal fan-base and support in the first place, as witnessed by his failed Presidential runs in 1988 and 2008, so has nothing to fall back on bar core Democrat Party support.

Second he does not have the party majorities needed to enact really big stuff that might save him.

Third, this is very much a post FDR/LBJ world. The big stuff, even if passed, is likely to make things worse economically. There’s only so much government spending that can be blasted into an economy before it starts back-firing, not to mention that the $29 trillion of debt cannot be ignored for much longer, especially when the Federal Reserve has to raise rates to fight the inflation.

Fourth, on the Foreign Policy front, Americans don’t normally give a shit unless something goes wrong. So more positive developments like AUKUS will have no impact, whereas another Afghanistan will. Taiwan. North Korean missile tests, Iran-Israel. Those time bombs are out there ticking away.

Fifth, and perhaps most importantly of all, Biden does not have the political skills to work through all these problems. Unlike Reagan, Clinton or Obama, he can’t dig himself out of these holes and nor can his party. There is no change on the horizon for either group: what we’ve seen from all of them in the last few months is it.

Like the US debt, this is not going to get better unless providence shines upon Biden.

Written by Tom Hunter

October 7, 2021 at 6:26 pm