Saturday, November 26, 2022

President is hurting student borrowers in several ways - and you

 President S Joe Biden is hurting those he claims to help those w/ student loans. And is hurting you and me.

First, he knows he cannot “forgive” the loans. That is giving away taxpayer funds and only Congress can do that. And saying he will do what he cannot gives the borrowers false hope.

Second, Due to this false hope some students are now borrowing more than they would have. Because it’s “free money.” So they are taking risks with their own futures. Risks they would not have taken without Joe’s false promises.

Third, Many borrowers now say they refuse to pay; false hope again. But that puts them deeper in the hole, another risk.

[First law of holes: When you are in a hole stop digging.]

New York Post

Fourth, In September he proudly declared the pandemic over. CBS News  Later, when he announced this forgiveness he said it was for relief from the pandemic. Not a true statement. (I have heard that Since #4 was shot down in court now he is using a law to give relief to post-9/11 soldiers in war zones. Uhhhh, Joe!? Source uncertain)

Fifth, He got votes with this false promise, knowing the courts should/would kill it. They voted for his candidates!

The scary part is that the students fell for it - American Thinker:

That is the damage to current and future borrowers. How about us? Joe is making you pay for someone else’s loan.  Joe is making truck drivers pay the loans of highly paid medical doctors and attorneys. (At least let me meet the person I am sugar daddy to.)


Chinese are outraged seeing maskless crowds at Qatar World Cup

 Chinese are outraged/jealous seeing maskless crowds at Qatar World Cup.  Their government has kept them in the dark, but had to let in some light because it couldn't block showing the World Cup.

Maskless Qatar World Cup Outrages Locked-Down Chinese:

China’s exhausted and terrorized population was outraged by images of massive crowds cavorting maskless at the 2022 World Cup in Qatar this week.

Social media users wondered why they must continue living under dungeon conditions while the rest of the world has moved on from the Wuhan coronavirus.

Some Chinese citizens professed shock at getting a peek beyond China’s censorship walls and seeing just how free the rest of the world has become, while more than a quarter of China’s immense population is still suffering through coronavirus lockdowns.


Saturday, November 05, 2022

Official energy policy is Madness!!

Our energy infrastructure which took a century and huge investment to build (and is reliable and affordable) is being torn down by (what do you call a person who knows nothing) ignoramuses who have no idea how huge the job was to create it. And they have no idea how to make a new system to replace THAT ACTUALLY COULD WORK.  

I leave this to one of my favorite writers/analysts, Francis Menton, a retired NYC attorney at his blog Manhattan Contrarian.

A Comprehensive Roundup Of Official Energy Madness —:

Now comes along a guy named Joseph Toomey, who has published a relatively long piece at RealClearEnergy with the title “Energy Inflation Was By Design.” Toomey is identified as a “career management consultant” in the energy field, and author of a 2014 book with the title “An Unworthy Future,” that critiqued the Obama administration’s energy policies. Other than that, Toomey has not been a regular contributor to the energy policy debates. But he makes up for an extended absence with this comprehensive roundup.

At 35 pages in length, Toomey’s piece is a seemingly endless litany of one intentionally destructive policy after another. Even if you follow this issue regularly, as I do, you can’t help but be astounded when you see the full extent of the destruction organized into one piece. An energy infrastructure built up over a century and more that actually provides reliable and affordable energy to millions of people — a true miracle of human ingenuity! — is being systematically and intentionally attacked and wrecked by ignorant fools who have no idea how difficult the existing system was to create, and equally have no idea how to make something to replace it that might actually work.