Biden accomplishments

www.bbc.com/news/world-45827430

HERE r the stats.....mixed BECAUSE of pandemic

Stock market starting to tumble. Will the Covid-19 recovery be weaker than expected? It would help ease inflation fears if the growth rate declines.

FredHayek wrote: Stock market starting to tumble. Will the Covid-19 recovery be weaker than expected? It would help ease inflation fears if the growth rate declines.

I believe this may fall into the 'law of diminishing returns'. IMO we already passed the point where spending more money on the problem actually begins to make the problem worse. You could say the same thing about the lockdowns which I believe did far more damage than the virus in the long run. Time will tell.

"So let me just summarize this…. The Chairman of the BlackRock Investment Institute, the guy who tells the $8.7 trillion investment firm BlackRock where to put their money, has a brother who is the Senior Advisor to Joe Biden; has a wife who is the White House Personnel Director; and has a daughter who is now on the National Security Council.

Put another way… Tom Donilon’s literal job description for BlackRock is to: “leverage the firm’s expertise and generate proprietary research to provide insights on the global economy, markets, geopolitics and long-term asset allocation,” and his wife is in charge of White House personnel, his brother is Senior Advisor to the President, and his daughter is on the National Security Council.

BlackRock, Inc. (together with its subsidiaries) is a massive publicly traded multinational investment firm with over $8.68 trillion in assets under management [December 31, 2020 financial statement] in more than 100 countries across the globe. To say that Blackrock is invested in globalism, climate change and leftist politics, would be a severe understatement {See Here}. Larry Fink is the CEO and people like Cheryl Mills, Hillary Clinton’s attorney of record, are on the board."

theconservativetreehouse.com/blog/2021/0...e-house/#more-213196

If you choose to immediately reject the statements because of the citation, the article links back to sources, e.g. blackrock.com, nypost.com to name two.

www.wsj.com/articles/north-korea-gives-t...ar-talks-11624439530


The Kim Jong Un regime this year has rebuked the Biden administration’s outreach for engagement, without detailing what might woo them back to talks beyond vague demands. As diplomacy stalls, Pyongyang is adding to its nuclear arsenal, which President Biden has called the biggest foreign-policy threat facing the U.S.

Maybe Biden should send Kim Jong-un a beautiful love letter.

The AAA reports that the average price for regular gasoline in Colorado is $3.42

Thank you Joe.

Most are smart enough to know the President of the United States doesn't control the price of gasoline or crude oil, but $3.42 is still $1.58 less than the high point of gas prices under Trump.

So yes, thank you Joe!

(Meanwhile, we're paying about $4.50 a gallon here in Costa Rica and have been for a long time.

Most of us are smart enough to know that when the President shuts down the Keystone pipeline and tops oil exploration on federal lands the price of gas will go up.
Please provide your reference for the price of gas during President Trump's administration was $5.00 per gallon. It never reached that in Colorado 2016-2020.

www.forbes.com/sites/rrapier/2021/03/27/...ces/?sh=d9ca9a41d28f

Meanwhile, a hydraulic fracturing ("fracking") boom had been gaining momentum since Bush’s second term in office. By 2014 U.S. oil production had increased by so much that OPEC responded with a price war that ultimately sent oil prices below $30/bbl. That’s why gasoline prices plunged during Obama’s last two years in office.

By the time President Trump assumed office, OPEC had learned their lesson, and was back to trying to curb production to influence prices. But the continued rise of U.S. oil production made this difficult. While they were able to boost prices somewhat, the power they had to boost prices a decade earlier had diminished.

Then the Covid-19 pandemic hit in 2020, and that helped send oil prices all the way into negative territory. That is why average gasoline prices were so low during Trump’s last year in office.

Now, in early 2021 global oil demand is starting to recover as we start to exit from the pandemic. That, in turn, is helping lift oil prices back to the level they were in 2019. This is the main reason gasoline prices are back on the rise.