During a speech today, Joe Biden bragged about the example of his visit to a Massachusetts coal-fired plant that was forced to close due to regulation.  However, what Biden didn’t mention was the energy provider telling customers to expect a 64% increase in electricity rates effective November 1st.

BIDEN: …”I was just — and so we can accommodate that transition.  I was in Massachusetts about a month ago on the site of the largest old coal plant in America.  Guess what?  It cost them too much money.  They can’t count.  No one is building new coal plants because they can’t rely on it, even if they have all the coal guaranteed for the rest of their existence of the plant.  So it’s going to become a wind generation.

And all they’re doing is — it’s going to save them a hell of a lot of money, and they’re using the same transmission line that transmitted the coal-fired electric on.  We’re going to be shutting these plants down all across America and having wind and solar.”… (link) 

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Will big tech and social media remove Joe Biden for violations of misinformation, disinformation and malinformation?  Considering his remarks today, they should.

Reading from a teleprompter loaded with lies about the economy, Joe Biden stunningly states that gas prices are lower today than when he took office. Further claiming that gasoline was $5/gal.  {Direct Rumble Link} Nothing about any of his economic claims is true.  WATCH (1 min):

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Allowing people to return to work after the pandemic lockdowns is not “creating jobs.”  And gasoline was not $5/gal when Joe Biden took office.

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Joe Biden has made creepy comments and behaved in weird inappropriate behavior around women for quite a while.  While the mainstream media has justified Biden’s inappropriate hair sniffing and touching by saying he’s generally a touchy person, it’s somewhat of a theme that every few weeks something creepy surfaces. {Direct Rumble Link}

Continuing with a familiar pattern, during remarks at a DNC event, Joe Biden singled out a woman in the audience and noted their relationship began when she was 12 and he was 30.  “We go back a long time,” creepy Joe stated.  WATCH:

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Trying to survive current price increases in housing costs, energy costs, electricity costs, food and fuel costs has forced consumers to reevaluate purchasing decisions.  As consumer demand for non-essential items has collapsed, and as Americans dig deeper into their savings just to sustain current unavoidable expenses, major retailers are now cancelling Christmas inventory orders.

On one hand the leaders of large multinationals must pretend everything is splendid; after all, the only acceptable position they can articulate is to support interest rates being raised because demand is just too darned high.  lololol…  pretending.  But on the other hand – those same retailers are furiously trying to calculate how to avoid being stuck with billions worth of unsold inventory.

RetailWire – Walmart, Target, Macy’s and Kohl’s are among retailers that have recently said they are canceling some orders to better balance inventory levels, a replay of a strategy used at the start of the pandemic.

Other steps retailers are using to clear inventories as spending has slowed on some non-discretionary categories are employing markdowns and packing away products for the following year. The elevated inventory levels also reflect intentional over-buying to mitigate shortages and the easing of supply chain constraints.

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Joe Biden’s economic policies, mainly driven by excessive spending and the Green New Deal climate change agenda, are the origins of massive inflation.

In an attempt to diminish the outcomes of his energy policy, the Biden administration has been releasing oil from the Strategic Petroleum Reserve, in an effort to curb gasoline prices.  However, that process is about to end as the SPR is becoming dangerously low and will need to be replaced (more spending).

When asked about the current status of inflation during a CBS interview, Biden responds by saying it could be worse, citing the last two months where the SPR spigot has been running at maximum release.  WATCH (48 seconds):

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If there was ever an audio-visual of the disconnect between Joe Biden policy and the horrific consequences they create, today would be the case study.

As the stock market is plummeting after a horrific inflation report from the Bureau of Labor and Statistics, Joe Biden is simultaneously celebrating the passage of the “Inflation Reduction Act,” most commonly known as the Green New Deal.  WATCH:

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The same thing happened on Fox News.

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This has become absurd.  According to an AP report, Joe Biden is planning to ask congress for an additional $13.7 billion for Ukraine within a budgetary request for $47 billion spending package.

According to the report the Ukraine spending request will be inside a package for additional COVID-19 spending, Monkeypox spending and other domestic relief.

WASHINGTON (AP) — President Joe Biden is asking Congress to provide more than $47 billion in emergency dollars that would go toward the war in Ukraine, the response to the COVID-19 pandemic, the ongoing monkeypox outbreak and help for recent natural disasters in Kentucky and other states.

The request, which comes as lawmakers are preparing to return to Washington and fund the government, seeks $13.7 billion related to Ukraine, including money for equipment, intelligence support and direct budgetary support. Shalanda Young, the director of the White House Office of Management and Budget, said that more than three-fourths of the $40 billion approved by Congress earlier this year has already been disbursed or committed.

“We have rallied the world to support the people of Ukraine as they defend their democracy and we cannot allow that support to Ukraine to run dry,” Young said in a blog post.

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Delivering remarks today in Wilkes-Barre, Pennsylvania, at a political midterm rally oddly missing the Democrat candidate for the Pennsylvania senate seat, Joe Biden proclaimed his intention to ban “assault weapons.” {Direct Rumble Link}

“I’m determined to ban assault weapons in this country,” the angry and unstable installed occupant in the White House decried. WATCH:

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Long-term CTH readers might remember in 2014 when President Obama claimed U.S. families had been paying too little for electricity for too long.  As soon as Joe Biden took office, he began implementing the Green New Deal energy policy that, (a) directly forces higher costs for energy; and (b) is now creating massive problems.

In July I noted my own electricity bill had jumped 28% in a single month.  That bill was followed by another almost identical increase this month.  A review of the Consumer Price Index (CPI) for July [Data Here] shows that nationally the same thing is happening.  The year-over-year electricity price has increased 15.2%. However, worse still, the July increase alone was 1.9%, which figures to an annualized rate of 22.8%.

When the growth rate of monthly increase is exceeding the year-over-year result, that means future higher prices are coming.  This is a serious problem that cannot be overstated. Already struggling with a doubling of gas prices, massive food price increases at the grocery store and the pain of all costs for goods far outpacing any rate of wage increase, this type of uncontrollable increase in price of electricity is going to hit the middle class hard.

Steve Cortes calls this the backside of the Biden created inflation hurricane.  The backside of a hurricane is the worst because it hits from the opposite direction upon already weakened infrastructure.

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There was a lot of back-and-forth hostility between the government of China and the administration of Joe Biden in advance of Nancy Pelosi’s trip to Taiwan.  Some Chinese state media even suggested a possibility that Pelosi’s plane could be shot down.  However, none of the threats materialized.

Yesterday it was obvious the White House was attempting to diffuse the aggressive grievances of Beijing when spokesperson John Kirby, technically the NSC Coordinator for Strategic Communications, made a specific statement:

“The world has seen the United States government be very clear that nothing has changed — nothing has changed — about our One China policy, which is of course guided by the Taiwan Relations Act, the Three Joint U.S.-PRC Communiqués, and the Six Assurances.  We have said — and we have repeatedly said — that we oppose any unilateral changes to the status quo from either side.  We have said that we do not support Taiwan independence.  And we have said that we expect cross-Strait differences to be resolved by peaceful means.”

Those six words, “we do not support Taiwan independence,” was a very deliberate and public assurance to China.  Essentially, the United States will not do anything to support the independence of Taiwan, do whatever you want.  Joe Biden took a knee to Chairman Xi.  As a result, Beijing dropped back their tone to traditional rhetoric saying in a statement Tuesday morning, the visit “seriously infringes upon China’s sovereignty and territorial integrity.”

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