The All Star Political Panel cover the economy, Biden policies and health, China and more

Tem­per­a­tures have risen 1.1 degrees in 100 years. We have heat waves every year. Cli­mate change we are liv­ing in the Forced Tran­si­tion. WE have the pain, and some of us are reluc­tant to get on board and Biden has attempt­ed to sign an emer­gency order. Biden has nev­er giv­en a time plan or has nev­er planned for the tran­si­tion. Biden has nev­er planned for any­thing. Our elec­tric grid would take sev­er­al life­times to get where it needs to be to sup­port the elec­tric vehi­cles Biden wants to do. Biden wants to build off­shore wind­mills and run cables to the plant. It is incred­i­bly expen­sive. The wind­mill blades are made out of Carbon-fiber. 

The Biden entourage to the Mass. press con­fer­ence and none of them were electric. 

You think you’re fight­ing over the phone charg­er in the kitchen and who is get­ting the charg­er in the garage. You won’t be able to charge all the cars on the one charg­er. It’s all a fraud, it will not work. One day one the pres­i­dent end­ed the frack­ing and the pipeline but what he could have done is write a plan to phase out and bring it to the elec­tric. There is no plan to get you out of the suf­fer­ing. We have to get out some of the orders to get con­gress to make a plan but it will be a 30 year plan. If the oil busi­ness would know they have 30 years they would build more refiner­ies. There are 108 mil­lion cars on the road each day. Our elec­tric grid can not han­dle the extreme weath­er events much less charge the 108 mil­lion vehi­cles. There isn’t any way we can sus­tain this idea of the tran­si­tion to elec­tric vehicles. 

Chi­na and India are build­ing coal fired plants and the US is sell­ing our coal to them. Chi­na is going around the world to buy coal veins and has con­tracts in WV for 10 years. Joe took our emer­gency reserves and sold some of it to Chi­na. The nation­al aver­age of gas is 4.55 and the only rea­son it is down in GA is because the gov­er­nor has the thir­ty cents off for the state tax until August. 

What are the car com­pa­nies gonna do when no one buys the elec­tric vehi­cles in 5 years. 

Rus­sia got the tur­bine from Cana­da, and if Rus­sia seizes to pro­vide the oil and nat­ur­al gas to Ger­many. If they shut it down they say oil will be up to $380 a bar­rel and the US could see gas at $10/gallon.

The gen­er­al pop­u­la­tion doesn’t know what is going on. Most peo­ple don’t watch the news or they get their news from the main­stream media or from their phone. 

The media spun the net­flix sto­ry that 1 mil­lion peo­ple can­celed but they were expect­ing 3 mil­lion to can­cel. The work­ing class is start­ing to look at their month­ly sub­scrip­tions and can­cel­ing what they don’t need. 

You can con­trol some of the pain right now, but the prob­lem is that if you con­trol your expens­es and you don’t go out to din­ner, shop­ping for new clothes, you don’t spend the extra mon­ey. If you don’t spend the mon­ey it will hurt the local small busi­ness own­er. There won’t be 11 mil­lion jobs open, there will be 2 mil­lions. Job­less claims will go up. The small busi­ness is going to go out of busi­ness because there is only so long they can remain open under those cir­cum­stances. The entire cycle does look good for the economy. 

Black­stone just announced that they will become the largest land­lord. They have raised 50 bil­lion wait­ing on the crash and are tar­get­ing rental, ware­hous­es, and hos­pi­tal­i­ty. Chi­na right now 30% of their GDP is prop­er­ty, hous­ing spec­u­la­tion. Peo­ple are refus­ing to pay the mort­gages because of the work stop­pages. There are tanks in front of the Bank of Chi­na because the bank is not giv­ing the peo­ple their money. 

We are talk­ing about the real world and real people. 

There are more and more real­tor high­light­ing list­ings say­ing that it is a good time to buy. Joene report­ed about the slow down 2 months ago. Back when every­thing sold with­in days with mul­ti­ple con­tracts. Now the homes that sold over the appraisal val­ue have risen the prop­er­ty val­ues of the near­by homes, there­fore tax­es have gone up due to the inflat­ed sold prices. Now these homes will be fore­closed on for under the orig­i­nal appraisal val­ue but the prop­er­ty val­ues will not be reduced. 

What does it take to us when the feds raise a full basis points. It will take the econ­o­my into the tank. Thurs­day the GDP will come out show­ing a recession. 

You get enough peo­ple angry in Chi­na, Xi will go to war to calm the peo­ple. Hel­lo Tai­wan. Or they go back to the old play book, boost demand by boost­ing debt financed infra­struc­ture. Chi­na has ghost towns that have enor­mous build­ings aban­doned. Chi­na has said they will take over Tai­wan. The US has said they will step in. and Rus­sia and Ukraine will be on the back burn­er. Vic­to­ria Spatz has been to Ukraine six times and is mak­ing peo­ple ner­vous over the fir­ing of the Ukraine intel­li­gence officers. 

They have to do the reverse of the 25th amend­ment. Kamala Har­ris is going to resign and they will pick Gavin New­som. Then Biden will resign because of health or because of Hunter Biden and Joe will calm demen­tia so he can’t face the charges. What if the med­i­cine he is tak­ing for COVID, he wakes up in the morn­ing and has a blood clot. We know that he is dete­ri­o­rat­ing in front of his eyes. 

Bruce — out after 2022 election
Rick — Biden out after
Joene — Biden before
BKP — if Joe dies before the elec­tion, democ­rats will get the sym­pa­thy vote. 

Win­ners and Losers