I watched a couple of minutes of Clown News Network. Biden was speaking and the Dow was in the upper corner going lower and lower while he spoke of prosperity just around the corner.

Yes, I saw on the Raymond segment on Laura’s show that Bidet’s “interview” looked heavily edited. It’d be interesting if an audience member came forward and pointed out what we didn’t see.

When you look at EVERYTHING since a year ago Jan 20th, I just can't see how he could possibly have fucked up more. He's tried and tried to get us into a war with Russia, he even fucked that up. I'm led by observation to believe that if he wasn't trying, we would be in a war with Russia.

Perfect economic storm buffeting Biden

Even the dire reports on inflation coming out of Washington understate the real fall in US household income

https://asiatimes.com/2022/06/...orm-buffeting-biden/

Rarely in political events does punishment follow crime so quickly. Washington’s foreign and domestic policy blunders combined to produce the worst drop in real paychecks on record as well as the least public support for presidential economic policy.

Friday’s report that consumer prices rose by 8.6% year-on-year as of June means a drop in inflation-adjusted weekly earnings of nearly 4%, worse than the depths of the 2008-2009 Great Recession. Taking into account underreported inflation in shelter, the actual inflation rate is closer to 11%, and the real drop in earnings is about 7%.

That implies a political implosion for the Biden administration, which faces an 83% disapproval rating for its economic performance. By contrast, Jimmy Carter at the peak of the Great Inflation of the 1970s had a 78% negative rating for economic performance.

https://fortune.com/2022/06/06...nterest-rates-biden/

Inflation was already roaring in February when oil traded at $88 a barrel, before US sanctions on Russian oil raised the price paid by US and European consumers. Russia continues to export oil to India, China and others at discounts of more than $30 a barrel, that is, at roughly the prevailing price before the Ukraine war.

The sanctions didn’t slow Russia, but they clobbered Western consumers.

Private surveys by Zillow and Apartmentlist.com show rental inflation running at around 16% year-on-year, and at an annualized rate of 15% during May. The US government says that shelter inflation is just 5.5% over the past year. The private surveys reflect new leases rather than the average paid by renters, but the average will catch up over the next two years, keeping inflation elevated.

Apart from rents, items that households have to buy, including food and fuel, showed much bigger jumps. Gasoline is up by nearly 50% and food by more than 10%.

The sanctions-driven oil shortage compounded a supply squeeze that began as soon as the Biden administration took office and stopped selling oil exploration leases for federal lands. Beholden to its progressive, environmentally-woke constituency, the White House discouraged traditional hydrocarbon development, reducing US domestic oil supply by around 20% from the January 2020 peak.

Shrinking investment in hydrocarbons is the most pronounced feature of a deteriorating American investment profile.

In real dollars, orders for industrial machinery from American manufacturers are roughly 70% below the peak registered 22 years ago in 2000, and about 30% below the level of 2007. Even orders for electrical machinery (including computers) have fallen by about 10% since the historic peak.

US inflation is first of all a supply-side problem: There isn’t enough industrial or mining capacity to meet the tsunami of demand unleashed by the $6 trillion in federal stimulus paid out during the Covid epidemic.

Secondarily, US inflation is a byproduct of a foreign policy gone pear-shaped. The Biden administration set out to crush the Russian economy. Russia is hurting, but so are Europe and the United States, as well as most of the developing world.

The Ukraine war and Western sanctions produced a spike in energy and food prices that reduces the real incomes of Western consumers and pushes many of the world’s poorest into actual starvation.

One of the best early-warning signals for future inflation is the Philadelphia Federal Reserve’s survey of non-manufacturing business. As of the end of May, a record 73% of respondents reported higher input costs.

So far, Washington’s only response has been to encourage the Federal Reserve to raise interest rates. That won’t help, as I argued in this space on April 8, 2022. The problem is lack of investment. Higher rates simply increase the cost of investment.

Eventually, higher rates might produce a recession, and recessions are deflationary. In the long term, though, that will only make the supply squeeze worse, because recessions also crush capital investment.

Biden admitted he owned two shotguns and then made the hilarious remark:

Additionally, Biden told donors at the fundraising event that the idea of armed school staff was severely misguided. He pointed to the rigor of military training as evidence that it is not easy to "blow someone's brains out."

"The idea we’re going to provide – the way to deal with gun safety is to provide teachers with guns in classrooms?" Biden said at the event. "There’s a reason why the military takes so long to train somebody. It’s not easy to pick up a rifle or a gun and blow somebody’s brains out.”

The more he opens his mouth the stupider he appears.

quote:

Originally posted by shovelhead:
"There’s a reason why the military takes so long to train somebody. It’s not easy to pick up a rifle or a gun and blow somebody’s brains out.”

Really? As I recall, we had about three days at the range...maybe two. I suppose you could consider that a long time.

quote:

Really? As I recall, we had about three days at the range...maybe two. I suppose you could consider that a long time.

^^^^^^^^^^^^^
Well. Joe needed more practice when he was at the Naval Academy.

^^^^^^^^

I was going to suggest they start hiring trainers from urban areaa.

quote:

Originally posted by shovelhead:
"The idea we’re going to provide – the way to deal with gun safety is to provide teachers with guns in classrooms?" Biden said at the event. "There’s a reason why the military takes so long to train somebody. It’s not easy to pick up a rifle or a gun and blow somebody’s brains out.”

The more he opens his mouth the stupider he appears.

One word...Tulsa. The Tulsa shooter bought his gun just two hours before he killed people. Biden once again displays just how big a moron he really is.

quote:

Originally posted by ZSMICHAEL:
Biden admitted he owned two shotguns and then made the hilarious remark:

Additionally, Biden told donors at the fundraising event that the idea of armed school staff was severely misguided. He pointed to the rigor of military training as evidence that it is not easy to "blow someone's brains out."

I'm pretty sure the grade of school staff he's referring to, the Momma teacher, can reach down and produce significant reason to lay waste to intruders. They say the fiercest animal in the jungle is the Momma tiger.
Enter, the armed kindergarten teacher w/ 32 cubs. Hopefully she's not been taught herself that she's useless.
W/ some training, she would be highly feared.
It's not for everyone but the constant "you can't train or be prepared for this", gets old.

quote:

Originally posted by ZSMICHAEL:
He pointed to the rigor of military training as evidence that it is not easy to "blow someone's brains out."

Yeah…shows how much he knows. I had more time in boot camp in Seamanship class than the actual three days at the range shooting.

In the police academy we spent a week at the range. One day for safety and nomenclature and shooting until you qualified. It only took me one time and I passed with a 100% , so I literally only shot on one day. I was allowed to study the rest of the week.

Biden Awkwardly Claims Saudi Visit Really About Israel, Not Gas Prices

https://www.zerohedge.com/geop...srael-not-gas-prices

President Joe Biden awkwardly claimed that his planned Saudi trip, where it's expected he'll mend ties with Saudi Crown Prince Mohammed bin Salman (MbS) and 'move on' from the issue of the Jamal Khashoggi murder, has not much to do with energy. He had this exchange with reporters outside of Air Force One on Sunday:

Reporter: "Have you decided, sir, whether to go to Saudi Arabia?"

Biden: "No, not yet."

Reporter: "What would be holding up the decision at this point? Are there commitments you’re waiting for from the Saudis on the negotiations over peace talks?"

Biden: "No, no, the commitments from the Saudis don't relate to anything to do with energy."

Axios wrote the same day based on Israeli sources that the trip will come in mid-July and is to include a stop in Israel and the Palestinian Authority. A formal announcement is expected early in the week, as soon as Monday.

"Three Israeli officials told Axios Biden is expected to visit Israel and the Palestinian Authority on July 14 and 15 before traveling on to Saudi Arabia. The White House has not confirmed those dates, and the Israeli officials all warned that the timing had shifted several times and could change again," Axios wrote.

But it's not fundamentally about the White House begging the Saudis to pump more oil? The assertion might be within the realm of believability if Biden hadn't also recently dispatched officials to repair severed ties with Maduro's Venezuela in a clearly desperate effort to tame oil prices.

In the Sunday exchange with reporters, Biden said further, "It happens to be a larger meeting taking place in Saudi Arabia. That’s the reason I’m going. And it has to do with national security for them – for Israelis." He continued, "I have a program, anyway. It has to do with much larger issues than having to do with the energy price."

Ironically, the Democratic president is suggesting this is really focused on a furtherance of Trump's Abraham Accords. After the UAE and Israel established ties under the accords, along with several other Arab states, there's been talk that Saudi Arabia could be next.

However, it's obvious that when the idea of a Biden-MbS meeting was first floated in March, oil production was top of the agenda - and has remained so - as Americans continue to feel pain at the pump, and Europe figures out 'what's next' with its partial Russian oil embargo amid the war in Ukraine. In Biden attempting to frame the trip as making it all about Israel and regional security, he's fooling nobody. But it appears this is the White House narrative meant to deflect from the Khashoggi killing and Biden's re-embrace of a "pariah" (Biden's own words), which a number of outside investigations have found was ordered by the crown prince himself.

What an absolute clown show of an administration

So now Joe has to go to Saudi Arabia to beg them to pump more oil (they'll tell him to pound sand, naturally) and now this:

The Biden administration has been quietly urging agricultural and shipping companies to buy and carry more Russian fertilizer, according to Bloomberg, citing people familiar with the efforts.

Never forget Obama's infamous off-the-cuff remark about working with Biden:

"Don't underestimate Joe's ability to fuck things up"

FJB could not run a 2 car parade without fucking it up.
.

quote:

Originally posted by OKCGene:
FJB could not run a 2 car parade without fucking it up.
.

Make that a one-car Clown Car with flat tires parade

Press Secretary Shocked Over Question From CNN About Biden's Stamina

https://townhall.com/tipsheet/...na-question-n2608692

White House Press Secretary Karine Jean-Pierre laughed off a question about President Biden’s stamina after CNN’s Don Lemon asked about 2024 and beyond.

“Does the president have the stamina, physically and mentally, do you think to continue on even after 2024?” he wondered.


“Don! You’re asking me this question, oh my gosh, he’s the president of the United States. I can’t even keep up with him,” she said.


"That is not a question that we should be even asking," she added. "Just look at the work he does. And look how he's delivering for the American public."

xxxxxxxxxxxxxxxxx

it is very obvious how he is "delivering"

Gas prices on Tuesday reached a record high for the seventeenth consecutive day, AAA data shows.

biden video from DEM primary:

https://twitter.com/i/status/1536423247452979206

question to biden : will you sacrifice hundreds of thousands of workers to transition to a "green" economy?

biden: Yes