In case you’re wondering what happens when you put a fool into a position of power, I give you Joe Biden.
What could Leftist elitists have been thinking to cheat this man into running the largest business on the planet?
I will give them credit. Because the coup of Trump ushered in the largest monetary theft of a country in history. Six trillion dollars and counting over Wuflu alone. But they aren’t quite done.
For decades, Leftists have been trying to steal money from citizens over nonsense. The threat of nuclear war caused the arms race. So trillions went into massive military spending. And where are those old Cold War armaments? Rotting in warehouses and silos all over the world.
As you consider what a 1950s nuclear missile would look like, think “cell phone from the 1980s to smartphone of 2021” and you get the picture.
Still other ruses have milked citizens of the world of even more money, like “global warming,” followed by “global cooling.” Refining their game, Leftists settled on “global climate change.” That covers all the bases.
And where are we in the war on energy with Team Demented? LOSING!
Remember that Obama wasted $150 billion for a one percent gain in green energy. In fact, “going green” was the catchphrase for larceny under the Obama-Biden Administration. The man put PT Barnum to shame, as he billed himself a friend to the environment. Thus, Obama preached about renewable energy and sustainable sources.
He spent nearly $40 billion a year on green energy projects. This is an amazing figure, particularly considering all America got for the money. Nothing. The solar scam is among the largest, as these companies can’t even survive without massive government subsidies.
As my team previously explained:
The average homeowner would need a $30,000 system just to save $2,000 a year. And who really knows what the savings are, given the Obama administration’s “fake data.”
Regardless, even using their numbers it would take 15 years just to recover one’s initial investment. Since the average home owner stays in their house less than 13 years, a buyer never recovers his or her investment.
The same is true of electric cars. It’s another scam.
First of all, it takes electricity to charge these cars, and most electricity relies on gas or oil in one way or another. For example, windmills consume a great deal of oil. Secondly, according to Daily Science, the “problem with electric cars is in the dirt.”
As Anthroposcene Magazine writes:
Materials being developed for the next generation of electric car batteries could be toxic to important soil microorganisms, according to an analysis by researchers at the universities of Wisconsin and Minnesota.
The researchers constructed nanoparticles of lithium nickel manganese cobalt oxide, or NMC for short. These compounds are considered promising candidates for use in rechargeable lithium-ion batteries such as those found in computers, cell phones, and electric cars. The mixed-metal compounds are more stable and cheaper than current versions containing only cobalt.
However, when NMC nanoparticles are exposed to water, as they would be in a landfill, they break down and release heavy metal ions that are detrimental to soil bacteria, the researchers report in the journal Chemistry of Materials.
As if the batteries aren’t a big enough challenge, electric cars are dragging down the grid so much in California that their governor asked people to essentially “rolling” charge their cars. In other words, don’t everyone charge them at the same time. This rolling charging fits nicely with California’s rolling blackouts.
Ironically, while the green energy freaks virtue-signal and high-five each other, the coal plants work at 100 percent capacity. As a result, fuel prices have soared under Biden. But fear not; because inflation is good for the economy. Or so says Team Demento.
However if you don’t buy that, it’s probably because you can afford the rise in prices.
Back to oil and gas.
Bad news. The price will continue to rise.
Goldman’s commodities team predicts that the price of oil will rise to $90 by year end and remain higher for years to come.
To think that less than a year ago under President Trump Americans paid half the price we currently pay for gasoline, and we were officially declared energy independent.
What a difference a president (moron) can make.
Things are so bad that Biden has tapped the Strategic Petroleum Reserve (SPR).
Goldman warned Biden not to do this, issuing guidance that an “SPR Sale Would Release Only 60MM Barrels; Will Bring Even Higher Oil Prices“. Biden released a drop of oil in the ocean of the American economy, proving Goldman was right.
“A Biden SPR Release Is Now Fully Priced In And Will Send Oil Price Even Higher In 2022.”
There is a buying frenzy on oil futures; not so much on Democrats’ future.
Thanks to the many atrocities of the Biden Administration, mid-terms will be hell for Democrats. Unless they get a bit of electronic voting help {wink}. Because Democrats managed to lower the morale of the entire country, and the polls show that.
