Category Archives: Economy
Fed Funny Money Ink Shortage Worries
If you’re wondering if there’s enough ink to print all the Fed funny money needed to finance our $28 trillion federal debt, relax. Pipelines are open and tankers are steaming to the rescue through the newly opened Suez Canal.
President Biden just signed another $1.9 Trillion Covid relief bill and now he’s working on a $3 trillion infrastructure plan. No worries says Fed Chairman Jerome Powell. Treasury Secretary Janet Yellen is selling bonds and he’s buying.
More than Covid Relief in Covid Relief Bill
The $1.9 trillion Covid relief bill was about more than Covid relief. $350 billion went to state governments and another $129 billion to schools. Here’s a breakdown from the Tax Foundation.
Climate Czar Latest Personal Perk for Treasury Sec
Infrastructure Freezes Texas in its Tracks
Dallas hit 81 degrees yesterday, but the Polar Vortex froze Texas stiff last week. President Trump met with union bosses 84 degrees ago to talk infrastructure.
We are so far behind the curve in terms of infrastructure, everything from canals to highways to airports, to everything we can do and we need to do to make ourselves competitive in the 21st century.
President Biden discussing his “Build Back Better agenda with union bosses
And then there’s the Keystone XL Pipeline.
In revoking this permit, the Biden Administration has chosen to listen to the voices of fringe activists instead of union members and the American consumer on Day 1
Mark McManus, general president of the United Association of Union Plumbers and Pipefitters after the same meeting.
No word on jet engine maintenance.
Texas Battle Cry: Remember the Windmills
Texas gets 23% of its energy from windmills. J.R. Ewing must be spinning in his grave. He’s probably trying to generate some heat. The windmills don’t. They’re frozen.
Texans are freezing without power, but remember the Alamo! Texans will stay and fight to the end. All except Senator Ted Cruz that is. He lit out for Cancun.
