An Opinion piece at The Hill asks if price controls are the answer to our gas and oil problems. It seems to me Venezuela already tried that and it has failed miserably. It is obviously not capitalism and it fails wherever it is tried.
The far-left authors claim that this is what might be needed to control inflation as if Democrats didn’t manipulate our economy and force this upon us.
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They also want a war we can’t afford.
The authors of The Hill article write, “Whatever the drawbacks of price controls, however, the issue is no longer one of economic policy alone. It is now a strategic problem too, as the Biden administration’s other options for cushioning the impact of the Russian energy ban have their own downsides.”
The problem can be solved in part by stopping the wild spending and not destroying the fossil fuel industry. However, that’s not on their list.
Russia supplied 10% of the world’s crude up until the invasion but the embargoes on Crude have caused a major disruption in the oil market. It’s the worst since the oil crisis in 1973.
The IEA and Western economies are looking at ways to save oil. Some are talking about lowering the speed limit to save gas as they did in the ’70s. Others are talking about working from home part-time or recommending or telling people not to drive on Sundays in cities.
Pete Marie Antoinette Buttigieg said people who can’t afford the gas should take the bus. Oh, and you can buy an electric car if you want.
You can car share as well because these elites plan to make your life as miserable and as Orwellian as they can.
The one thing the West won’t do is increase fossil fuel production or even nuclear because of their whacked ideology. They seem to think only conservation can save the earth 100 years from now. If we did everything they want, best estimates suggest a decrease in the earth’s temperature by half a degree.
This is as China, India, and Russia build coal plants every week.
According to Zero Hedge, Â Prime Minister of Italy Mario Draghi stated Friday that price controls could be coming to the natural gas markets, likely meaning petrol is next.
This morning I woke up to a poll of over 75% of Americas saying we need to step up oil production to what was basically December 2020 levels. This would go a long way to curing the current inflation problem and make US Manufacturing attractive again. Traitor Joe not only says “No!”, he says, “Hell No!”.
We are in this position because the Executive Branch of Government and the Courts have circumvented the Constitution with Mandate Powers. Mandates are executed by the Executive Branch as if they are Laws, but only the Congress makes Law under the Constitution. We are now watching Traitor Joe go to War by Mandate without a vote of Congress.
Once the Executive Branch creates a Mandate or Regulation it takes a 2/3 vote of Congress to override that mandate because of the President’s Veto power. In the Case of the Courts, it takes a 3/4 vote because the Court has to be overruled by a Constitutional Amendment. This is how a hand full of idiots can overrule the will of over 3/4 of The People. This is because people vote for Idiots who “promise” to give them free stuff instead of voting for Patriots who look at the big picture. If you vote for free stuff, you get very little Stuff in return and loose a lot of Freedom in the process.
What little free Stuff you think you got by ALLOWING Ideological Democrats to be in charge has now been eaten up by inflation and you spent most of the last 2 years in and out of “prison” without any due Process because of illegal lock down mandates. This is what happens when you let Stupid People (Globalist) without and any skin in the game or a stake in the country vote for other Stupid People. The Globalist destroyed much of the Middle Class in the last two years which is the life blood of America. Both Republicans and Democrats are a bunch of Idiots with Law Degrees. We need Patriots who understand Business and live the lives of real people. For Congress, don’t vote for anyone who is a Millionaire, a Lawyer, a Banker, Stockbroker, Bartender, Social Media Influencer, First Generation American, or a deadbeat. Vote for someone with strong American Values. Vote for someone like your father who actually works for a living, is a veteran, and has a bit of life experience under his belt. Most Moms tend to be too emotional, vote for someone who looks at science and makes logical decisions that benefit the most people. The last thing we want is a bunch of Helicopter Moms in Congress playing the Race card or the Children card. Parents need to raise our children not Bureaucrats and School Teachers.
If we voted for normal people who are responsible adults and produce things for a living instead of Santa Clause, we wouldn’t be in this position. We shouldn’t be voting for people who think you are too stupid to make decisions and Government should use the Tax Code to influence how you live your life and by extension pick society’s winners and losers. The Super Rich wouldn’t be rich without Government Welfare!
America is run by ideological idiots. Nixon tried price controls. The result was without a free market pricing and support of Israel, the Oil Cartel embargoed the US. Because of meddling with the free economy prices not only rose, but there were shortages, Price controls will means Shortages and Gas Lines. This created a situation throughout the 1970s which basically put us in a Depression, but the Government refused to call it that. The chain was broken by Reagan Tax cuts, but since the Democrat Congress refused to cut Government spending we suffered an Economic Hangover well into the 1990s.
The only way out of this financial situation is Oil and Gas Production, a reduction in Government Spending, control of the Borders, the removal of all Illegal Aliens, and tariffs to force business to bring manufacturing back to America. We also need to consider judicious use of Monopoly and Antitrust Laws to slice and dice Corporations to increase competition. Big Business and Big Government is not good for The People, just the Rich and Powerful. A strong Middle Class requires a lot of Small Business which Democrats destroyed with the Covid Hoax.
Why is Traitor Joe hell bent on forcing everyone into electric cars when China and Russia control the Natural Resources to make them? Traitor Joe and the Democrats must go – NOW! The States need to step in with an Article 5 Convention while they still can.
Breaking-Advice from Bloomberg for the serfs who make less than $300,000 annually:
Eat lentils
Buy in bulk
No one said the Great Reset Leap Forward would be fun
Don’t waste money on your pets
Sorry comrade, where I live there are no busses. Maybe butthead can buy everyone an electric car. I contend, do these dopes on the left really know how we get our electricity? Or do they think it actually comes from the outlet in the wall?
Share? After divide and conquer, LMFAO!
The self appointed masters of the universe would make Caligula have gut busting laughs.