Biden's Hail Mary Budget Is Just Another Anchor Baby
Authored by Tom Luongo via Gold, Goats, 'n Guns blog,
Last week I was contacted by Sputnik News to give some comments on “President” Biden’s $7.3 trillion budget proposal. To be honest, having to read up on what was in the budget proposal was enough to ruin my day before it even began.
But, ever your humble(sic) servant, I endeavored to persevere and what I saw was typically horrifying, as always. And my quick conclusions were that this budget is a political wish list of a dying party to buy votes however and wherever they can.
The party I’m speaking about isn’t the Democrats, it’s the Uniparty that has the Capitol under foreign control. Because nothing I see in this budget is for America’s prosperity. It is ultimately capital destructive and feeds into the needs of all of America’s enemies, foreign and domestic.
$7.3 trillion paid for with more ‘soak the rich’ taxes is throwing napalm grenades on an already burning fire. And it serves to further sell today’s Americans out for tomorrow’s anchor babies currently being invited across the border at record numbers, given billions in tax dollars to shelter them in our homes and hotels while forcibly denying that they are doing any of it.
It’s not just perverse folks, it’s intentional, with the ultimate end to drive capital away from the US towards other parts of the world. For our friends in Europe it’s clearly a mechanism to make us as bad as them.
Every day in Brussels is another day to vandalize the people of Europe and reinforce who wields real power. Every ludicrous headline I see come out of France or Germany or the Netherlands somehow always looks similar to some brain-dead idea floated by the Biden administration.
The latest, this morning, is Joe’s further assault on car manufacturers by radically upping the restrictions on emissions to the point of outlawing internal combustion vehicles.
This go-round, Biden is “preparing to roll out the toughest-ever” emissions restrictions, according to Bloomberg.
The report says that the Environmental Protection Agency is poised to implement emissions limits that (Biden thinks) could significantly boost electric vehicle sales, requiring EVs to constitute about two-thirds of new car and light truck sales by 2032, a sharp increase from less than 10% last year.
Unless, of course, people stop buying new cars.
This is yet another example of the desperate need for the Supreme Court to take up the Chevron Deference and strike it down. The agencies should not be making law. That’s Congress’ job.
And I don’t care if Congress is allergic to doing its job, new emission regulations should not be in the hands of unelected bureaucrats run by chiefs who are chosen by the current political party.
While I’m no fan of democracy, the fear of voter backlash is one of the few real world pressure points we still have as taxpayers. So, enough with these poison pills, and legislating through Executive Order. It’s time for the courts to re-establish separation of powers and slow the roll of globalists who think they have the right to tell us what to do.
Because Climate Change! SMFH.
These are things things that need to go through the legislature.
But the real problem with this current globalist wish list is that further soaking the rich to get them to “pay their fair share” will only drive capital elsewhere. As always, they sell the midwits on the first-order effects — helping you poor and downtrodden with buying a house and buying food — and not on the real effects — continuing the divestment cycle which began with these idiotic policies back during FDR.
Every time I listen to one of these pathetic pols complain about “Corporate America,” or “Wall St.,” or “Inflation” all I hear is deflection away from yesterday’s stupid policy which created today’s problems.
It does nothing but remind me that Harry Browne was right all those years ago when he said that all government really does is break your legs and then hand you a crutch. While you are limping along on that crutch they say, ‘See! Without us you wouldn’t be able to walk.”
How about we stop breaking Americans’ legs in the first place?
No. That won’t ever happen because then we might find out that it was all their fault in the first place.
The good news is, post-COVID and the horrific vaccines, that it’s become obvious to millions of people now in ways that it never had been before.
The big miscalculation with everything surrounding COVID is that it’s easy to persuade people of dumb shit when it doesn’t directly affect them. You can appeal to their logic and their left brains and turn their heads around backwards.
But when you start killing people they love you are now screwing with their hearts. When you break the compact between the government and the people so you don’t have to pay the bills, that’s when you can’t convince them you didn’t break their legs in the first place.
As always, whenever I’m contacted by Russian Media for comments I publish the entire response publicly lest anyone think I’m anyone’s bitch.
1) What’s behind such high numbers in President’s plan? How challenging would be for the US economy in its current condition to support this plan?
The budget on offer is ludicrous. Biden and his people know it. The Republicans in the House know it. This is a purely political document to try and shore up Biden’s failing numbers with his shrinking base.
It’s as tone deaf a budget proposal as I’ve ever seen from an American president. It’s a budget designed to accelerate the bankruptcy of the US. Since I consider Obama, the real power behind the throne in D.C., to be a foreign agent, this budget makes perfect sense.
The goal with this is to be so over-the-top that any negotiated settlement will still be terrible. It’s a logical extension of the Democrats’ “Soak the Rich” rhetoric of the past two decades. This time they are going to pay for their idiotic plans with destroying the capital base, putting taxes on unrealized capital gains, and more energy boondoggles whose intent is to cripple the US economy.
This is all right in line with World Economic Forum (and EU) principles to destroy competitiveness of European rival nations. This budget, in short, is meant to be a poison pill for the future, regardless of who wins the election in November.
2) Which of these proposals do you think reveal most vulnerable areas of Biden’s presidency ahead of the November presidential election?
He is proposing the same punitive measures on the American people that the IMF imposes on anyone who takes a loan from them… raise taxes, cut productivity, prioritize foreign bond holders. To this package he’s adding more support for low-income voters struggling with inflation he created to buy them off in November.
Biden and Obama can see the poll numbers. They are losing in every category. Soaking the rich and dividing the country further into ‘haves’ and ‘have-nots’ is a tired strategy. Americans are simply not having any of it from a President that can only seem to spend money overseas while inviting the world in through an open border.
It refuses to address the things that people actually want to change. Jobs for American citizens. Lower energy and food costs. Less spending and less partisan politics.
3) Since the passage of the proposals requires approval from a legislature that’s currently divided on a number of issues, which President’s proposals do you expect to pass and which – to fail? Can you elaborate, why?
If I’m reading the room in D.C. properly, and that includes all aspects of foreign policy, then the real wealth of the US will move heaven and earth to ensure that almost none of this proposed budget gets through Congress.
The problem is, of course, that those behind Biden and Obama are going to do the same thing.
But, that said, the GOP majority under Speaker Mike Johnson is as thin as it can be. It will require behind-the-scenes arm-twisting of traditionally squishy Republicans and vulnerable Democrats to keep from passing.
So, that means that you can expect the ‘soak the rich’ tax proposals to be the first thing gutted. Democrats, like Elizabeth Warren, will screech about how this is intolerable because Wall St. is evil. They will also ramp up their rhetoric that the Federal Reserve must cut rates to help pay for this transition to ‘a fairer system.’
Politically, however, the mood in the US has moved away from this. Giving people money isn’t going to solve the food and energy inflation problem, which is what is driving people away from Biden. That only makes the problem worse. The one thing that we’ve done well locally is highlight the insane costs of Biden’s open border policy and he can’t overcome that with a couple of tax credits and handouts to Americans who are being passed over for jobs they are qualified for because of hiring quotas.
I see this entire budget proposal pretty much backfiring completely after what was a revelatory State of the Union address which even Biden supporters were hard-pressed to approve of.
If the House GOP is forced to compromise on anything, it will be reinstating the child tax credit.
* * *
Join my Patreon if you like walking upright