Enjoy Delphi Forums ad free!Click here.
CURRENT EVENTS -  Obama, Now Biden Destroying America (2474 views) Notify me whenever anyone posts in this discussion.Subscribe
 
From: WEBELIAHU DelphiPlus Member IconOct-1 6:23 AM 
To: All  (212 of 254) 
 5586.212 in reply to 5586.211 

October 1, 2021

       "European countries have chosen to forsake existing reliable and abundant energy sources like coal for unreliable wind and solar, and now they are seeing soaring energy prices because the wind hasn't been blowing as much as usual lately."

        Not to mention that the Biden administration has done everything in its power to reduce the global energy supply, particularly in the United States.

https://www.americanthinker.com/blog/2021/09/leftist_policies_are_wrecking_global_supply_chains_and_triggering_shortages_and_looming_hyperinflation_standby_for_capitalism_to_be_blamed_.html

Leftist policies are wrecking global supply chains and triggering shortages and looming hyperinflation. Stand by for capitalism to be blamed

We already see soaring prices, empty store shelves, shortages of critical products, factories shut down, workers unemployed, and people freezing in their homes.  

~~~~~~~~~

There are multiple sources of the troubles bedeviling the international division of labor, but they all have one thing in common: bad government policies pushed by progressives.

Start with COVID, a highly communicable virus that can be lethal if left untreated, especially in people with comorbidities including obesity and diabetes.  Governments around the world for the first time in human history decided to quarantine the healthy, not the sick, and went into "lockdowns" for a disease that has a 99.5% recovery rate is most dangerous to an identifiable subset of their populations: the elderly, the obese, and the already ill.

Those lockdowns constricted production, and the resulting unemployment temporarily deferred demand for many goods, including durables like cars and home appliances.  In the United States, tax-free payments were offered to unemployed people that were more lucrative than the taxable wages they might receive if they returned to work, resulting in a predictable artificial labor shortage, further crimping the manufacture and distribution of many goods.

Many of the same factors were at work internationally.  Jack Phillips of the Epoch Times explains: 

With demand surging for goods that consumers deferred purchasing, and with worker shortages hindering resupply, choke points are developing all over the world.

It's gotten to the point where at least one major retailer is attempting to bypass normal transport systems:

These COVID-induced shortages are stoking inflation.

The other progressive policy initiative wreaking havoc is green energy mandates.  European countries have chosen to forsake existing reliable and abundant energy sources like coal for unreliable wind and solar, and now they are seeing soaring energy prices because the wind hasn't been blowing as much as usual lately. 

 
 Reply   Options 

 
From: WEBELIAHU DelphiPlus Member IconOct-3 6:02 AM 
To: All  (213 of 254) 
 5586.213 in reply to 5586.212 

October 3, 2021

        "Much of the price index data from the last several months has validated the argument that inflation may not be a transitory phenomenon this time around."

         What are they talking about??? Biden and the Dems have killed the energy sector, are killing the employment sector, have been closing the country for business, and so forth. Everything they do drives up inflation. "Inflation may not be a transitory phenomenon this time around?" This is not rocket science this time around.

https://www.nationalreview.com/news/key-inflation-measure-soars-to-30-year-high/

Key Inflation Measure Soars to 30-Year High

The Federal Reserve’s preferred inflation gauge, the core personal consumption expenditures price index, which excludes food and energy costs, soared to a 30-year high in August.

The measure increased 0.3 percent for the month and was up 3.6 percent from last year in its steepest climb since May 1991, a trend suggesting that the pandemic’s inflationary pressures, catalyzed by massive government spending, supply chain bottlenecks and surging demand, are not correcting as quickly as some economists anticipated.

With the more volatile staple categories of food and energy factored back in, PCE prices increased 0.4 percent for the month and 4.3 percent year over year, the highest hike since January 1991, the Bureau of Economic Analysis reported Friday.

Personal income increased 0.2 percent for the month, while spending increased by 0.8 percent.

The ISM Manufacturing index survey for September also indicated that prices are rising, with 81.2 percent of respondents reporting increases versus 79.4 percent in August.

“Supply chain concerns are growing beyond electronics and chips into most other commodities. Lead times are extending, shipping lanes are slowing, and we will not see an end to this in 2021,” one respondent said in reference to backlogs and delays still plaguing his sector in electrical equipment, appliances and components, according to CNBC.

Much of the price index data from the last several months has validated the argument that inflation may not be a transitory phenomenon this time around. However, some economists and financial analysts cited by the White House to justify their $3.5 trillion spending bill still believe inflation will subside as soon as market disequilibriums balance.

Until recently, Federal Reserve leaders projected that inflation would temper and approach pre-pandemic levels of 2 percent or less by the close of 2021, but continued supply and labor shortages have changed that outlook. Fed Chairman Jerome Powell commented earlier this week that he finds the unrelenting inflation “frustrating.” He said he can foresee the possibility in which the shortages, and therefore inflation pressures, persist until next summer.

The Fed’s inflation target has long been a 2 percent average over the long run. To compensate for past quarters of inflation target undershooting, the Fed has tolerated inflation running above 2 percent for a number of consecutive quarters. In the event of spiraling inflation, a monetary instrument the Fed has at its disposal to slow it down is to hike interest rates, but not without the risk of triggering new recessionary effects.

 

 
From: WEBELIAHU DelphiPlus Member IconOct-8 6:40 AM 
To: All  (214 of 254) 
 5586.214 in reply to 5586.213 

October 8, 2021

      I point out that when Biden constricted the energy industry in America, he caused the price rises, in gasoline, and in everything else, not ONLY in America, but throughout the world. I do not think this is happening because Biden does not know what he is doing. I think it is happening because very evil people in the shadows behind Biden, do know what they are doing...and it seems to me that everything is going to get a lot worse.

https://www.thegatewaypundit.com/2021/10/oil-reaches-highest-prices-since-2014-biden-blame/

Oil Reaches Highest Prices Since 2014 – Biden to Blame

Thanks to Joe Biden, oil prices today reached their highest prices since 2014.

~~~~~~~~~~~~

Biden shut down pipelines after he took office and he prohibited drilling for oil on public lands.  Then he found himself begging OPEC to increase production after the US was an oil exporter under President Trump.

 

 
From: WEBELIAHU DelphiPlus Member IconOct-10 5:09 AM 
To: All  (215 of 254) 
 Featured Message5586.215 in reply to 5586.214 

October 10, 2021

       "For households earning the US median annual income of about $70,000, the current inflation rate has forced them to spend another $175 a month on food, fuel and housing..."

https://www.thegatewaypundit.com/2021/10/biden-effect-average-family-spending-175-per-month-basic-essentials-today/

BIDEN EFFECT: Average Family is Spending $175 More per Month on Basic Essentials Today

If you have noticed the sudden rise in prices this year on all goods from food, to gas, to household items, you are not alone.

The average family is paying $175 more a month on basic essentials today compared to last year.

This is the Biden Effect in action.

The New York Post reported:

Like millions of Americans whose income has not kept pace with inflation — up 5.3 percent in August compared with a year ago — Allison and her family are feeling the pinch of the rising cost of living and giving up some things just to make ends meet…

… Spurred by supply shortages and massive government spending, inflation has become an added tax on middle-class Americans coming out of the COVID lockdowns.

For households earning the US median annual income of about $70,000, the current inflation rate has forced them to spend another $175 a month on food, fuel and housing, according to Mark Zandi, chief economist at Moody’s Analytics.

And despite this inflation surge Democrats want to continue their profligate spending.

 

 
From: WEBELIAHU DelphiPlus Member IconOct-11 9:03 AM 
To: All  (216 of 254) 
 5586.216 in reply to 5586.215 

October 11, 2021

       "but instead, the open-borders Biden administration has undermined them and US immigration law at every turn, while also continuing to encourage unvetted foreign nationals to come in droves by offering up taxpayer-funded incentives and bogus amnesty that shields them from deportation."

Biden's DHS CANCELS All Remaining Border Wall Contracts in 2 Overwhelmed Sectors; Calls on Congress to Fund "Smarter" Border Security As Unprecedented Numbers of Illegals Continue Pouring Across Areas With NO WALL

Last year, while Trump was still commander-in-chief, Americans were enjoying the most secure southern border they’d had in their lives. Trump had delivered on his promise to build the wall, which had severely limited the areas where cartels and smugglers could operate freely and made it much harder for people to sneak across without being apprehended.

Although construction was not completely finished (most of it was, the swamp fought at every turn for 4 years to interrupt any progress), the entirety of it was paid in full, and all of the contracts were signed – all that was needed was a little bit more time. In other words, despite the areas that still needed to be completed, the wall was a resounding success.

But now, Biden’s DHS is ensuring that the wall will not be built, wasting hundreds of millions in taxpayer money that was supposed to be spent on building the wall in the process.

On Friday, the DHS announced in a press release that it will be canceling any border barrier contracts that are still in effect in two of the most heavily trafficked sectors on the southern border – The Laredo sector and The Rio Grande Valley Sector – and will reallocate the remaining funds to conduct “environmental planning” in the area.

The DHS will also ask Congress to approve more funding for what they call “smarter” border security measures.

~~~~~~~~~~~~~~~

They were even willing to spend a whopping $5 million PER DAY to NOT build the wall. 

The severely understaffed US authorities who are struggling with the record-shattering influx of illegal aliens on the southern border could be using all the help they can get right now as they are preparing for another unprecedented month of crossings – but instead, the open-borders Biden administration has undermined them and US immigration law at every turn, while also continuing to encourage unvetted foreign nationals to come in droves by offering up taxpayer-funded incentives and bogus amnesty that shields them from deportation.

The DHS should be demanding that Biden send in the US Military to get a handle on the border crisis, not wasting hundreds of millions of dollars that was already spent on contracts to finish the wall.

Department of Homeland Security… What a JOKE.

 

 
From: WEBELIAHU DelphiPlus Member IconOct-13 8:43 AM 
To: All  (217 of 254) 
 5586.217 in reply to 5586.216 

October 13, 2021       

         "So, Florida is putting out the word to shipping companies that ports in the Sunshine State are open and ready for business."

DeSantis Offers the Solution to Supply-Chain Issues Newsom Has Exacerbated

We have a supply chain problem in this country, as illustrated by empty shelves and delayed products in every retail chain and small enterprise. Everything from electronic equipment, to appliances, to fresh dog food, is in limited or non-supply because of this.

While Governor Gavin Newsom preens, postures, and belches out brags on how the State is doing better than Texas and Florida, he is doing nothing to resolve the issue of ships at the Port of Los Angeles being unable to dock and unload billions of dollars in goods.

Tallahassee, FL’s WTVY reports:

The coronavirus pandemic has triggered a global supply chain problem. As of Sunday, an estimated 500,000 shipping containers were sitting on cargo ships off the Southern California coast. Ports in Los Angeles and Long Beach, California, recently broke records for the number of cargo ships waiting to dock. Those ships are carrying a variety of products for the American market, everything from sneakers to toys, to toilet paper.

~~~~~~~~~~~~~

Now Florida may be leading the way to a possible solution to the country’s supply-chain issues. Governor Ron DeSantis and the CEO of the Florida Ports Council Michael Rubin extended an invitation to those languishing ships to travel southeast and fill their ports—Florida is not only ready, but able to handle the off loading and the distribution of goods across the country.

The WTVY report continues:

So, Florida is putting out the word to shipping companies that ports in the Sunshine State are open and ready for business.

“Florida is where your success comes in, and our seaports are the solution to ensure the cargo shipping logjam doesn’t become the Grinch that stole Christmas,” said Michael Rubin, President and CEO of the Florida Ports Council.

Yet another example of DeSantis showing what leadership is through concrete action, rather than talking about what leadership should look like.

 

 
From: WEBELIAHU DelphiPlus Member IconOct-14 8:03 AM 
To: All  (218 of 254) 
 5586.218 in reply to 5586.217 

October 14, 2021

       "It’s no secret that the cleanest most reliable fuel – nuclear -- was murdered by the greens. Then natural gas, the second cleanest, became their target, so now many places are desperate for coal, the dirtiest option."

https://www.americanthinker.com/articles/2021/10/green_policies_return_the_world_to_coal.html

Green Policies Return the World to Coal

 

 

There’s scarcely a place in the modern world that will not be feeling the high cost and discomfort of a shortage of energy supplies and their increasingly soaring prices. Lebanon already is. Due to a shortage of oil, the two power plants that supply 40% of that country’s electricity shut down. There is no electricity in Lebanon and will not be any for some days.

It’s an extreme case, but even the United Kingdom, the EU, the U.S., and China are running up against diminishing ability to obtain the necessary energy supplies to keep things running smoothly. Some of the shortages are due to accidents, like the cutting of an undersea cable to the UK, but most are due to green policies and stupid political choices, ironically shutting down oil and gas-fired power plants and fossil fuel exploitation and transport at the demand of the greens, who grossly overestimate both global warming and the ability of air, sun and water to take their place. Ironically, this means coal -- the dirtiest possible fuel -- is back in huge demand,

Despite an import ban on Australian coal, China relented and has begun unloading Australian coal because of an extreme power crunch. Coal is now in demand in Europe as gas prices soar and the EU’s energy policies are in large responsible: 

~~~~~~~~~~~~~~~

 The current coal demand surge should force the European Union to reconsider its position on coal -- as polluting as it might be, it could still help alleviate energy crunches across Europe when the situation demands it. As things stand today, the upcoming four years would see at least seven countries phasing out coal: Portugal (2021), France (2022), UK (2024), Hungary, Italy, Ireland and Greece (all 2025). As Europe has seen nine consecutive year-on-year increases in

 

It’s no secret that the cleanest most reliable fuel – nuclear -- was murdered by the greens. Then natural gas, the second cleanest, became their target, so now many places are desperate for coal, the dirtiest option.

Noah Rothman agrees with me -- the greens are largely responsible for the present energy crunch and its consequences.

 

 
From: WEBELIAHU DelphiPlus Member IconOct-15 8:51 AM 
To: All  (219 of 254) 
 5586.219 in reply to 5586.218 

October 15, 2021

       "The FAO’s food price index, which measures world food commodity prices, has surged by 32.8 percent in the 12 months through September...I don’t think anyone two or three months ago was expecting the energy prices to get this strong..."

        Is it a joke when they say that no one was expecting the energy price spikes, what with Biden shutting down Keystone and halting U.S. energy production in every way he can?

https://www.theepochtimes.com/mkt_morningbrief/food-prices-hit-highest-level-in-a-decade_4040361.html?utm_source=Morningbrief&utm_medium=email&utm_campaign=mb-2021-10-11&mktids=f0856272e47cafb38ce64e1cd0b6fc8e&est=bXfOycgLEclNxko9wRQ1R2Vn3W7IUV2qGH10ylVujyj4QzFu5ymI5m8i3Xh7S38%3D

Food Prices Hit Highest Level in a Decade

Food prices across the world have risen to their highest levels in a decade on the back of tightening supply conditions coupled with robust demand, according to the Food and Agriculture Organization of the United Nations (FAO).

The FAO’s food price index, which measures world food commodity prices, has surged by 32.8 percent in the 12 months through September, coming in at a reading of 130 points, a level not seen since 2011. On a month-over-month basis, the index rose 1.2 percent.

Accounting for the bulk of the rise in the index were higher prices of most cereals and vegetable oils. The FAO vegetable oil price index was up 60 percent in September from a year earlier, and 1.7 percent higher than in August. The cereal price measure was up 27.3 percent over the year last month, and 2 percent from August.

Dairy and sugar prices also rose in September by an over-the-year 15.2 percent and 53.5 percent, respectively, while the meat price index was up 26.3 percent above its year-earlier level.

While much of the inflation story has been focused on surging energy costs and products affected by the semiconductor chip shortage such as used cars, rising food cost signals are increasingly flashing red.

~~~~~~~~~~~~

Pork and beef prices have surged in the past few months, while the Labor Department’s August inflation report showed that meat, poultry, fish, and eggs were up 8 percent over the past year and 15.7 percent from prices in August 2019, before the pandemic. Beef prices jumped 12.2 percent over the past year, and bacon was up 17 percent during the same period.

Experts say increasing energy costs around the world could exacerbate the problem.

“It’s this combination of things that’s beginning to get very worrying,” Abdolreza Abbassian, senior economist at the UN’s Food and Agriculture Organization, told Bloomberg in a recent interview. “It’s not just the isolated food-price numbers, but all of them together. I don’t think anyone two or three months ago was expecting the energy prices to get this strong.”

Food price inflation is also driving up consumer expectations for future price increases.

 

 
From: WEBELIAHU DelphiPlus Member IconOct-17 8:03 AM 
To: All  (220 of 254) 
 5586.220 in reply to 5586.219 

October 17, 2021

      "statewide, consumers will be hit with about a 21%  increase in heating costs over the entire winter compared to last year...Rochester Gas and Electric is forecasting about a 33%  average increase over the winter for natural gas customers."

       This article blames COVID for the coming spike. It seems to forget about the REAL culprit, Joe Biden, who stifled both the Keystone pipeline, and energy production in America...and what is happening now is no accident.

https://www.wxxinews.org/post/heating-costs-ny-expected-spike-many-customers-winter

Heating costs in NY expected to spike for many customers this winter

A new forecast on energy costs for heating in New York state calls for a spike in those expenses this coming winter.

During an annual presentation by the state of the NY State Public Service Commission last week, staffers said that on average, statewide, consumers will be hit with about a 21%  increase in heating costs over the entire winter compared to last year.

Rochester Gas and Electric is forecasting about a 33%  average increase over the winter for natural gas customers.

PSC Commissioner Diane Burman worried about the impact of price hikes if there is an unusually cold winter across the state. To me the price issues seem to be downplayed. I am concerned there’s going to be major sticker shock if the current trends hold,” said Burman.

The increase expected in natural gas prices locally, and around the world is partly attributed to the global economic recovery from the COVID-19 pandemic which has driven up demand for power.

The upcoming winter’s electricity prices statewide are also projected to be higher than last winter, although the PSC said that commodity prices can vary significantly due to weather and other conditions.

NY PSC Chair Rory Christian noted there are several programs available to help people who have trouble paying their utility bills.

“I want to encourage New Yorkers in need to take advantage of these opportunities that are available. They take the form of direct financial assistance and technical assistance to help lower costs for individuals with needs, both in the form of direct financial payments and in the form of technical support in repairing and replacing heating equipment, said Christian.

Governor Kathy Hochul recently announced that more than $373 million in home heating aid is becoming available for low- and middle-income New Yorkers who need assistance. Applications for the Home Energy Assistance Program, also known as HEAP are now being accepted.

New York state has more information at this website, and you can also call your county social services department.

 

 
From: WEBELIAHU DelphiPlus Member IconOct-18 3:43 AM 
To: All  (221 of 254) 
 5586.221 in reply to 5586.220 

October 18, 2021

      "The Afghanistan debacle was the worst foreign policy embarrassment in modern American history, the Biden administration is trying to deal with an unprecedented crisis on our southern border, and the way that our politicians are handling the pandemic is causing extremely deep divisions throughout our society.  In addition, our economy is starting to break down on a very basic level."

https://www.zerohedge.com/personal-finance/our-economy-starting-break-down-very-basic-level

Our Economy Is Starting To Break Down On A Very Basic Level

Do you remember how much optimism there was in January? 

Many Americans were entirely convinced that really bright days were just around the corner, but instead things have taken a dramatic turn into the dumpster over the last 9 months. 

The Afghanistan debacle was the worst foreign policy embarrassment in modern American history, the Biden administration is trying to deal with an unprecedented crisis on our southern border, and the way that our politicians are handling the pandemic is causing extremely deep divisions throughout our society.  In addition, our economy is starting to break down on a very basic level.  On a widespread basis, goods are not getting to the places they need to be when they need to be there, and services are often not available when people need them.  As time has passed, the “malfunctioning” of our economy has spread, and now the coming mandates threaten to make things a whole lot worse.

Just look at the chaos that was caused in Florida last Sunday…

Southwest has canceled 1,018 Sunday flights as of 2 p.m. ET, according to flight tracker FlightAware. That’s 28% of the the airline’s scheduled flights and the highest of any U.S. airline by a wide margin.

American Airlines has canceled 63 flights, or 2% of its operation, while Spirit Airlines canceled 32 flights, or 4% of its flights, according to FlightAware.

Overall, more than 1,800 flights were canceled during the weekend, and Southwest is publicly blaming the problems on "weather challenges"…

“We experienced weather challenges in our Florida airports at the beginning of the weekend, challenges that were compounded by unexpected air traffic control issues in the same region, triggering delays and prompting significant cancellations for us beginning Friday evening,” the spokesperson told FOX Business.

Of course that is complete and utter nonsense.

A large number of Southwest pilots in Florida engaged in a “sickout” over the weekend to protest Southwest's vaccine mandate, and apparently at least some air traffic controllers joined them…

On the record, they’re denying any sort of protest — but there are reports, citing airline sources, that a massive “sickout” went down, and that ripple effects are still being felt.

~~~~~~~~~~~

Right now, we are already facing the most epic labor shortage in U.S. history, and economic activity is badly gummed up as a result.  If millions more qualified people are thrown out of work in the months ahead due to these absurd mandates, that is going to cause unprecedented chaos all across America.  A weekend of canceled flights might be bad, but it is nothing compared to the complete and utter nightmare our society will be facing if all of these mandates go through.

Even the military will be deeply affected.  On Sunday, it was being reported that "hundreds of thousands" of our service members have chosen to resist the mandates…

So what would it do to the state of our military if hundreds of thousands of service members are kicked out in the months ahead? That is a question that we need to be asking, because it appears that this is actually what is going to happen.

On top of everything else, now we are facing a severe global energy crisis…

 

Navigate this discussion: 1 2-11 12-21 ... 192-201 202-211 212-221 222-231 232-241 242-251 252-254
Adjust text size:

Welcome, guest! Get more out of Delphi Forums by logging in.

New to Delphi Forums? You can log in with your Facebook, Twitter, or Google account or use the New Member Login option and log in with any email address.

Home | Help | Forums | Chat | Blogs | Privacy Policy | Terms of Service
© Delphi Forums LLC All rights reserved.