Biden mismanagement
Biden and his administration displayed their characteristic bumbling and fumbling this week, but for the past seven days, it wasn’t the least bit funny.
To begin with, the bear Dow Jones Industrial Average dropped below 30,000, losing all the gains it had made since Biden became president. That was a direct result of the inflation and higher interest rates brought about by Biden’s reckless and wasteful spending.
Inflation continues to rage, and gasoline prices are rising again. That didn’t prevent Biden from claiming on Tuesday that gas prices in some states were below $3 per gallon. This, of course, was entirely false: The American Automobile Association said that no state had an average gas price below $3.
One of the reasons that gasoline has been cheap for the past few weeks is that Biden has been draining our Strategic Petroleum Reserve to produce oil that could and should have been produced by all the off-and-onshore drilling and fracking Biden is blocking. Biden is selling oil from the SPR at 6 million or 7 million barrels per week, effectively using the Strategic Reserve as a credit card for the Democrats’ 2022 campaigns. The SPR reportedly now holds less than it has held in 38 years.
The SPR oil supply was intended to, and should, be used only for real emergencies such as an anti-U.S. oil embargo. Now that Biden has made us again dependent on foreign oil, his use of it is another abuse of power. And so is his $400 billion-plus buyout of student loans. That loan buyout, as presented in a new lawsuit to block it by several states, is beyond Biden’s legal and regulatory powers.
What was more pathetic? Biden’s obvious mental decay on display in a Wednesday speech and his inept press secretary’s explanation of it. Biden, speaking at the White House Conference on Hunger, Nutrition, and Health, praised several members of Congress and singled out the late Rep. Jackie Walorski (R-IN), asking, “Jackie, are you here? Where’s Jackie? I think she wasn’t going to be here — to help make this a reality.” She died in a car crash in August.
Biden’s press secretary later tried to explain away the huge flub by saying Walorski was at the “top” of Biden’s mind. Glad to know something’s there.
Meanwhile, mortgage interest rates went above 7%.
What is on the minds of the 35 % who think Biden is doing a good job? Or Harris for that matter. It should make you question the judgment of those who still support them.
On a funnier but more serious note, Vice President Kamala Harris praised our alliance with “North” Korea during a visit to the DMZ. I sometimes try to write parody, but nothing I make up can compete with her.
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